How to Start a Roofing Business In South Dakota
Here are some steps on how to become a legal roofing business in the state of South Dakota. You may want to start here: Starting a Roofing Business. You must do your own thorough research, as laws change regularly. . This information will also help you start other roofing and construction-related businesses such as installing gutters and siding.
Getting started– The state of South Dakota has a resource to help you start your business: Start Your Business in South Dakota
-Select your business structure
Find out more about business structures (Sole-proprietor, LLC, Partnership, Corporation, etc.) and registering a business name here: Choosing a Roofing Business Structure
-Register your business name.
Find out more here: Business Name Services
If you need help selecting a name for your roofing business:
-Register your business.
Find out more about how register your business with the state of South Dakota here: Register a New Business
-Open a Business Checking Account.
You will need to open a separate bank account for your business with your new business name.
-Find out about taxes and hire an accountant.
You may want to file your own taxes if you are a small company. As you grow, it will be easier to have an accountant do the work. More info about taxes here:
-Create Your Brand
You may want to choose a logo, company slogan, and other visuals you can use with your marketing materials that will show customers what you are about. Get Help with Branding
-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 South Dakota 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. South Dakota roofers need to win the job and stay protected at an affordable price. Learn more >
-Offer Payment Options to CustomersOffering payment options with your bids will help you work with clients that don’t have all the cash up front. Hearth’s software allows you to pre-qualify your customers (without affecting their credit score) directly from a mobile app so that you can win more business and larger project sizes, even on deductibles. With Hearth:
- Loan amounts can range from $1,000-$100,000, and customers can get funds into their account in 1-5 days.
- You can serve clients with credit scores as low as 500.
- You’ll never pay per-loan dealer fees.
- There are no minimum requirements to join!
-Register as a Contractor.
Check with your local government to see if you need to register.
-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.
You may be required to obtain a license to do business in a particular locale, whether you are a resident, or not.
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 particular jobs, and may be subject to inspections.
Depending on how many employees you have, you may need to follow OSHA regulations.
Depending on your startup budget, you may need to apply for financing to help pay for equipment.
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: Get Marketing Help