How to Start a Painting Business In New York
Here are some steps you may have to take in order to start your new painting company in the state of New York.
Getting started– The state of New York has a website about starting a business here: https://www.businessexpress.ny.gov/
1. Register your painting business name.
You need to register your new painting business name: Certificate of Assumed Name
If you need help selecting a name for your painting business: Choosing a Painting Business Name
2. Select your business structure.
Sole-proprietor, LLC, Partnership, Corporation, etc.
3. Register your painting business.
You can register your new painting business with the state of New York here: Start a Business in New York
4. Open a Business Checking Account.
You will need to open a separate bank account for your painting business with your new business name.
5. Find out about taxes and hire an accountant.
You may want to have an accountant do the work. More info about taxes here: https://www.tax.ny.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.
You will need to check with your county to see requirements for registration.
8. 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 a Free Quote Now >
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. 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.