Saturday, February 11, 2012
I need to know what kind of insurance do i need for my flooring company. I will have one employee. Do i need a license? If so, what kind and where do i get it? I also need to know any other requirements it takes to start a flooring company in Baton Rouge,La.. What i am trying to figure out is how to become a legal and insured floor installer. Or, does anyone know where i can find this information out? Any help would be appreciated. Thanks.|||In most places licensing is not required to do flooring for yourself. So chances are you don't need any licensing. You will need to get general liability insurance, it is fairly cheap (about $50 per month). Then you will need to get a legal entity. This basically just establishes how you will pay your taxes. A good site that you can do it all is www.legalzoom.com. You can also do it on your states secretary of state website, but it is a bit more complicated. That's basically all you need to do. I would recommend getting some sort of tax software to keep track of everything, such as quickbooks. Then hire an accountant to come over for just a couple hours to set up your chart of accounts and show you how to use it.
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