How to Start a Painting Business In Colorado
There are a number of steps to take to start a painting business in the state of Colorado. Below you find links to help register any type of painting business you may want to start.
Getting started- The state of Colorado provides a few helpful websites for getting your painting business started: https://www.colorado.gov/apps/jboss/cbe/start-business.xhtml and http://www.coloradosbdc.org/starting-your-business
1. Register your painting business name.
Find out more about registering a fictitious name here: http://www.coloradosbdc.org/resources/resource-guide/legal-structure-and-registration
If you need help selecting a name for your painting business: Choosing a Painting Business Name
2. Select a business structure for your painting company.
Sole-proprietor, LLC, Partnership, Corporation, etc. Find out more here: http://www.coloradosbdc.org/resources/resource-guide/legal-structure-and-registration
2. Register your painting business.
You can find out more about registering your painting business with the state of Colorado here:http://www.coloradosbdc.org/resources/resource-guide/legal-structure-and-registration
4. Open a Business Checking Account.
You will need to open a separate bank account for your painting business with your new business name.
5. Find out about taxes and hire an accountant.
You may want to hire an accountant do the work. More info about taxes here:https://www.colorado.gov/tax and http://www.irs.gov/Businesses/Small-Businesses-&-Self-Employed/Starting-a-Business
6. Get Liability Insurance.
Find out more about liability insurance here: Painting Business Liability Insurance
7. Register as a Contractor.
Check with your local government about contractor registration.
8. Worker’s Compensation.
The insurance agency that provided your liability insurance should be able to help with this.
9. 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.
10. City License.
You may be required to obtain a license operate your painting business in a particular locale, whether you are a resident, or not.