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  • insurance & paperwork

    so, i have enough equipment to start picking up more jobs, but i'm really confused about what all i need to be legal and legit.

    -official business name?
    -business bank account?
    -tax id?
    -insurance? how much? what kind?
    -register in cities i work?
    what about paying taxes to the cities??
    what else? and how much for all of these?

    getting jobs and doing the work is the easy part. i am not up to speed on this end of running a business and any help or advice is much appreciated.
    thanks in advance.

  • #2
    -official business name?
    You can do that or just go with your name and have checks made out to you.

    -business bank account?
    If you have a business name other than your own, you will need it.

    -tax id?
    You can use your social security number, if it is just you.

    -insurance? how much? what kind?
    It depends on what kind of work you will be doing and the amount of assets you are trying to protect. Most seem to go with a million dollar liability insurance.

    -register in cities i work?
    Only if the city requires it. Not all do.

    what about paying taxes to the cities??
    Not all cities have a tax like this. More than likely your state will and the federal government will too.

    what else? and how much for all of these?
    There are a couple of posts on here about prices for insurance. Do a quick search at the top of the page. If it doesn't come up or you have more questions, let us know.
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