How to Start a Painting Business in Delaware
Here is some important information on how to start a painting company in the state of Delaware. These links will be helpful in starting a residential, commercial, or any other type of painting business.
-Register your painting business name.
Find out more about business name registration by reading Step #1 here: http://firststeps.delaware.gov/get_license.shtml
If you need help selecting a name for your painting business: Choosing a Painting Business Name
-Select your business structure.
Determine what business structure you wish to have for your painting business: Sole-proprietor, LLC, Partnership, Corporation, etc. –https://corp.delaware.gov/howtoform.shtml
-Register your painting business.
Find out more here: https://onestop.delaware.gov/osbrlpublic/Home.jsp
-Open a Business Checking Account.
You will need to open a separate bank account for your painting business with your new business name.
-Find out about taxes, hire an accountant.
You may want to have an accountant do the work. More information about taxes here:http://revenue.delaware.gov/services/BusServices.shtml and http://www.irs.gov/Businesses/Small-Businesses-&-Self-Employed/Starting-a-Business .
-Get Liability Insurance.
Find out more about liability insurance here: Painting Business Liability Insurance
-Register as a Contractor.
Find out if you need to register as a painting contractor with the state of Delaware: http://revenue.delaware.gov/services/Business_Tax/Cont_New.shtml
The insurance agency that provided your liability insurance should be able to help with this. You don’t need Worker’s Compensation unless you have employees.
-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 operate your painting business in a particular locale, whether you are a resident, or not.