How to Start a Painting Business In Illinois
Here is some information to help register your new painting business in the state of Illinois. The provided links will help start a residential painting business, commercial painting business, or any other type of painting business you may want to start.
How to Register Your Painting Business in Illinois
Make sure you research the laws in your area before starting your painting company.
Getting started- The state of Illinois has a website about starting a business in Illinois here: Illinois Business Startup Guide
1. Register your painting business
You need to register your painting business name with your county clerk’s office.
If you need help selecting a name for your painting business: Choosing a Painting Business Name
2. Choose a business structure.
Decide what structure you want for your painting business– Sole-proprietor, LLC, Partnership, Corporation, etc. Find out more here: Illinois Business Startup Guide
3. Register your painting business with Illinois.
You can register your business with the state of Illinois here: http://tax.illinois.gov/Businesses/register.htm
4. Open a Business Account with your Bank.
You will need to open a separate checking account for your painting business with your new business name.
You may want to hire an accountant do the work. More info about taxes here: http://tax.illinois.gov/ 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 in Illinois.
See if you need to register as a licensed contractor here: http://www.idfpr.com/profs/proflist.asp
8. Worker’s Compensation.
Check with your insurance agency about worker’s compensation. You don’t need Worker’s Compensation unless you have employees.
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. See if you need 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.