How To Start A Painting Business In Idaho

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How To Start A Painting Business In Idaho

Here is some helpful information on how to start a new painting company in the state of Idaho.

Getting Started- The state of Idaho has a website for helping you get started with your new painting business:

-Register your painting business name.

Find out more about business name registration here: https://idahobizhelp.idaho.gov/BusinessEssentials/AssumedBusinessName.aspx

If you need help selecting a name for your painting business: Choosing a Painting Business Name

-Select a business structure.

Determine what business structure you wish to have: Sole-proprietor, LLC, Partnership, Corporation, etc. – Choose a Business Entity Type

  -Register your painting business.

Find out more here: https://labor.idaho.gov/ibrs/ibr.aspx

-Open a Business Checking Account.

You will need to open a separate bank account for your painting business with your new business name.

-Taxes.

You may want to hire an accountant do the work. More information about taxes here: https://tax.idaho.gov/i-1132.cfm and http://www.irs.gov/Businesses/Small-Businesses-&-Self-Employed/Starting-a-Business .

  -Get Liability Insurance.

We work with Farmer Brown Insurance Agency because they’re the one-stop-shop for Painting Contractor Liability insurance and are able to get online quotes in all 50 states. Learn more >

Find out more about liability insurance here: Painting Business Liability Insurance

 -Register as a Contractor.

Depending on what type of work you will be doing, you may need a contractor license in Idaho.  Find out more here:  https://dbs.idaho.gov/contractors/

-Worker’s Compensation.

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.

-City License.

You may need to obtain a license operate your painting business in a particular locale, whether you are a resident, or not.

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