How to Start a Painting Business In North Dakota
Here are some steps on how to become a legal painting business in the state of North Dakota.
Getting started– The state of North Dakota has created a website to help you start your new painting business: http://www.nd.gov/businessreg/
-Select your business structure and register your painting business name.
Find out more about business structures (Sole-proprietor, LLC, Partnership, Corporation, etc.) and registering a business name here: http://www.nd.gov/businessreg/register/index.html
If you need help selecting a name for your painting business: Choosing a Painting Business Name
-Register your painting business.
Find out more about how register your new painting business with the state of North Dakota here: http://www.nd.gov/businessreg/
-Open a Business Checking Account.
You will need to open a separate bank account for your painting business with your new business name.
-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.nd.gov/tax/business/ 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 not need a contractors license unless the value of your job exceeds a certain amount. Find out more here: http://sos.nd.gov/business/contractors
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.