How to Start a Painting Business In Kentucky
Here are some steps on how to become a legal painting business in the state of Kentucky.
Getting started– The state of Kentucky has created a website to help you start your business: http://onestop.ky.gov/
-Register your painting business name.
Find out more about registering a business name here: http://onestop.ky.gov/start/Pages/structure.aspx
If you need help selecting a name for your painting business: Choosing a Painting Business Name
-Select your business structure.
Sole-proprietor, LLC, Partnership, Corporation, etc. Find out more here: http://onestop.ky.gov/start/Pages/structure.aspx
-Register your new painting business.
Find out more about how register your painting business with the state of Kentucky here: https://secure.kentucky.gov/sos/ftbr/Welcome.aspx
-Open a Business Checking Account.
You will need to open a separate bank account for your painting business with your new business name.
You may want to have an accountant do the work. More info about taxes here: http://onestop.ky.gov/start/Pages/statetax.aspx 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.
Check with your local government to see if you need to register as a painting contractor.
The insurance agency that provided your liability insurance should be able to help with this.
-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.