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 with a business plan.
Getting started– A website created by the state of Maryland on how to start a business can be found here: http://commerce.maryland.gov/start
- Register your business name.
Find out more about registering a fictitious name or DBA (“Doing Business As”) here: http://www.dat.state.md.us/businesses/Pages/Maryland-Checklist-for-New-Businesses.aspx#regi
- Select your business structure.
Sole-proprietor, LLC, Partnership, Corporation, etc. Find out more here: http://www.dat.state.md.us/businesses/Pages/Maryland-Checklist-for-New-Businesses.aspx#stru More on Business Entities: Choosing a Roofing Business Structure
- Register your business with the state of Maryland.
You can register your business with the state of Maryland here: http://commerce.maryland.gov/start/the-process
- 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: http://taxes.marylandtaxes.com/Business_Taxes/New_Businesses/ and http://www.irs.gov/Businesses/Small-Businesses-&-Self-Employed/Starting-a-Business
- Get liability insurance.
Talk to a number of insurance agents about your options, as prices and options can vary. Roofers have a higher risk than other types of contractors, so insurance costs will be more for roofers than landscapers, painters, etc. More about liability insurance here: Roofing Liability Insurance
- 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: https://www.dllr.state.md.us/license/mhic/. The registration application for the Maryland Home Improvement Commission Contractor License is found here: https://www.dllr.state.md.us/license/mhic/mhicapply.shtml
- Get worker’s compensation if you have employees.
The insurance agency that provided your liability insurance should be able to help with this.
- Get your own 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.
- Be aware of building codes and inspections and any necessary city licenses or permits.
You may be required to obtain a license and/or permit to do business in a particular locale, whether you are a resident, or not. You need to make sure your roofing work follows the building codes in your area, realizing that your work may be subject to inspections.
- You may be subject to OSHA regulations.
Depending on how many employees you have, you may need to follow OSHA regulations. Osha Roofing Contractor Regulations Summary