How to Start Your Own Business As A Contractor

You’ve gotten the experience. You’ve passed the test.  You have fulfilled all the requirements. You applied for a contractor’s license… and you got it! Congrats! But, now what? If you’re a true go-getter and want to start your own business, that is a great idea. But remember, there will be a lot to know, do and get established. You want to make sure your business idea and plan are well-thought out before taking on clients. Starting your own business can be tricky and we wanted to share some tips that can help you get started. Keep these things in mind so you make educated decisions with every move you make.

  • Make yourself aware of legal and tax implications for a business of your type. Learn the difference between a Limited Liability Company, Corporation, Partnership, etc… and decide what you want to be. All your legal and tax decisions will reflect on what type of business you are.
  • Be aware of Florida’s rules and guidelines when it comes to running a contracting business in the state. The Florida Department of Business and Professional Regulation is a great resource for you. You need to learn how to register your business and what permits and insurances are needed.
  • Think about resources and overhead you’ll need to run your business. You need tools and software to complete projects, do tax and insurance documents, to pay people, to charge people, to do your accounting, to register. Start making a list of all the things you will need to get the business going and what it is all going to cost you.

Do you research. Do the work. It will pay off. But, we can help you! We may not be able to give you legal advice, but we can tell you everything you need to start a business. In fact, we can help you out quite a bit. We can help you form your business in 2 to 3 days and keep the price low for you. We do the paperwork for you.

 

We are a Florida contracting licensing company and have help many people get their Florida business license. Click here to learn more or call us at 239-777-1028 to get started.