How to Start a Painting Business In North Carolina
Here is some helpful information on how to start and register your new painting business in the state of North Carolina.
Getting started– The state of North Carolina has a website about starting a business in North Carolina here: http://www.blnc.gov/start-your-business
1. Register your painting business name.
Find out more about registering a business name in North Carolina here: http://www.blnc.gov/start-your-business/business-forms
If you need help selecting a name for your painting business: Choosing a Painting Business Name
2. Select a business structure.
Sole-proprietor, LLC, Partnership, Corporation, etc. Many small business owners start out as sole-proprietors. Find out more here: http://www.blnc.gov/start-your-business/selecting-a-business-structure
3. North Carolina Business Registration.
You can register your new painting business with the state of North Carolina here: http://www.dornc.com/electronic/registration/
4. Business Checking Account.
Talk to your bank about a checking account for your new painting business.
5. North Carolina Business Taxes.
You may want to have an accountant do the work. More info about taxes here: http://www.dornc.com/ 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 most likely not need to register in North Carolina. If you want to be sure, you can find out more about contractor registration here: http://www.nclbgc.org/ .
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.
9. Health Insurance.
Unless you already have insurance, you will need to get your own if you are self-employed. If you have employees, you will need a plan that will include their health needs also.
10. Find out if you need a 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.