How to Start a Painting Business In West Virginia
Here are some steps on how to become a legal painting business in the state of West Virginia.
Getting started– The state of West Virginia has resources to help you start your painting business:
-Register your painting business name.
Find out more about registering a business name here: West Virginia Business Name Availability
If you need help selecting a name for your painting business: Choosing a Painting Business Name
-Select your business structure.
Sole-proprietor, LLC, Partnership, Corporation, etc. Find out more here: West Virginia Business Structure
-Register your painting business.
Find out more about how register your new painting business with the state of West Virginia here: West Virginia Business Registration
-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 file your own taxes if you are a small company. As you grow, it will be easier to have an accountant do the work. More info about taxes here: http://tax.wv.gov/Business/Pages/Business.aspx 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 need to get a contractor license as a painter. Currently in West Virginia, work performed under $2,500.00 (materials and labor, total contract not just the work you are performing) does not require a license. Find out more here: West Virginia Contractor License
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.