How to Start a Painting Business In Montana
Here are some things to consider when trying to start a painting business in the state of Montana.
Getting Started– Montana has a web page to help you get started with your business: Montana Business Services
- Register your painting business name.
You may need to register a name for your painting business. Find out more here: Register Your Business Name
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: Sole-proprietor, LLC, Partnership, Corporation, etc.: Montana Business Structure
- Register your painting business.
You may be required to register your new painting business with your state. Find out more here: Register Your Business
- 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 information about taxes here: https://revenue.mt.gov/home/businesses 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.
You may have to register as a contractor in Montana. Find out more here: http://erd.dli.mt.gov/work-comp-regulations/montana-contractor
- 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 be required to obtain a license to operate your painting business in a particular locale, whether you are a resident, or not.