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How to Start a Roofing Business In Maryland
To start your roofing company in Maryland, you will have to complete a few different steps. You may want to start here: Starting a Roofing Business.
Getting started– A website created by the state of Maryland on how to start a business can be found here: Start a Business In Maryland
-Select your business structure.
Sole-proprietor, LLC, Partnership, Corporation, etc. Find out more here: Select Your Business Structure
More on Business Entities: Choosing a Roofing Business Structure
-Register your business name.
Find out more about registering a fictitious name or DBA (“Doing Business As”) here: Register Your Business Name
If you need help selecting a name for your roofing business:
-Register your business with the state of Maryland.
You can register your business with the state of Maryland here: Maryland Business Express
-Open a business account at your bank.
You will need to open a separate bank account for your business with your new business name.
-Register your business for tax purposes and hire an accountant.
If you are a small company, it is not too difficult to file your own taxes. As you grow, it will be easier to have an accountant do the work. More info about taxes here:
-Become a licensed contractor with the state of Maryland.
You cannot legally enter into a contract with a homeowner without having a MHIC license. Find out about the contractor license here: Maryland Home Improvement Commission.
-Get Roofing Software
Roofing software will streamline your business before you even start, giving you visibility and control over all your leads, sales, jobs, and tasks from a single program to get your company on the fast track toward growth.
You’ll also be able to create estimates, place material orders, automate the boring (but necessary) stuff, empowering you and your team to finish jobs on time and on budget. Try JobNimbus for Free!
-Get liability insurance.
In Maryland and many states, understanding the regulations and laws regarding the need for contractor liability and bonds for contractors can be tricky. Having the right coverage is crucial for all roofing contractors.
We work with ContractorsLiability.com because they’re the one-stop-shop for General Liability insurance and are able to get online quotes in all 50 states. Plus, their expertise means they’re fast when it comes to getting the right bond and liability coverage. Roofers need to win the job and stay protected at an affordable price. Get A Free Quote Now>
-Worker’s Compensation.
Worker’s compensation provides financial assistance to employees who are injured or become ill on the job. This can include medical expenses, lost wages, and rehabilitation costs. By offering worker’s compensation, you can help protect your employees and ensure that they receive the care they need in the event of a workplace accident or injury.
If you have any employees, it’s essential to obtain worker’s compensation insurance coverage. This not only helps safeguard your employees’ health and livelihood, but it also protects your business from potential liability and financial damages. Get A Free Quote Now>
-Create Your Roofing Brand
You will want to have a memorable logo, company slogan, and other visuals you can use with your marketing materials that will show customers what you are about.
-Create Your Roofing Website
It is important to have a solid, attractive website that is SEO-optimized in order to attract a steady flow of roofing leads. Contact us if you need a website built.
-Get Health Insurance.
Since you will be self-employed, you will need your own health insurance. If you have employees, you will need a plan that will include their health needs also.
-City License.
You may be required to obtain a license to operate your business in certain cities, whether you are a resident, or not.
-Permits.
Depending on the locale, you may need to apply for permits before commencing certain types of roofing jobs.
-Building Code and Inspections.
You must be aware of building codes for your particular job, and may be subject to inspections.
-OSHA.
If you have employees, it’s also important to follow OSHA regulations to ensure a safe work environment. Be sure to research and understand the specific regulations that apply to your business.
-Financing.
Depending on your startup budget, you may need to apply for financing to help pay for equipment.
-Roofing Marketing.
To get your roofing business going, you will need to use multiple marketing techniques that work best with your location and the services you offer: Roofing Marketing Ideas