How To Start A Painting Business In Rhode Island

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How to Start a Painting Business In Rhode Island

When starting a painting business in the state of Rhode Island you will need to complete a few important steps in order to become a legal business.  You must do your own thorough research, as laws change regularly.
Getting started- Rhode Island has a few links about how to start a business here: http://sos.ri.gov/divisions/Business-Portal/Start-Or-Qualify-A-Business and RI Business Quick Start Wizard

  1. Register your painting business name.

You can register your assumed name with your local government office.  Find out more about choosing a name here:  http://sos.ri.gov/divisions/Business-Portal/Start-Or-Qualify-A-Business/Name-Availability

If you need help selecting a name for your painting business:  Choosing a Painting Business Name

  1. Select a business structure.

Sole-proprietor, LLC, Partnership, Corporation, etc.  Find out more here: http://sos.ri.gov/assets/downloads/documents/business-structure-chart.pdf

  1.  Register your painting business.

You can register your new painting business with the state of Rhode Island here: https://www.ri.gov/taxation/BAR/

  1. Open a Business Checking Account.

You will need to open a separate bank account for your painting business with your new business name.

  1. Find out about taxes and hire an accountant.

You may want to have an accountant do the work. More info about taxes here: http://www.tax.state.ri.us/ and http://www.irs.gov/Businesses/Small-Businesses-&-Self-Employed/Starting-a-Business

  1.  Get Liability Insurance.

We work with Farmer Brown Insurance Agency because they’re the one-stop-shop for Painting Contractor Liability insurance and are able to get online quotes in all 50 states. Learn more >

Find out more about liability insurance here: Painting Business Liability Insurance

  1.  Register as a Contractor.

You may need to register with the State of Rhode Island Contractors’ Registration and Licensing Board.  Find out more here: http://www.crb.ri.gov/

  1. Worker’s Compensation.

The insurance agency that provided your liability insurance should be able to help with this.

  1. 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.

  1. 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.

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