How to Start a Sealcoating Business In Texas
You must do your own thorough research, as laws change regularly. Here are some steps you may have to take (not necessarily in order) to start your sealcoating company (and possibly linepainting also), along with links to more information.
Here is a website that will help if you want to start a business in Texas: Start a Business In Texas
-Register your sealcoating business name.
Find out more about registering a fictitious name here: Registering a Business Name In Texas
-Select your business structure.
Sole-proprietor, LLC, Partnership, Corporation, etc. Find out more here: Selecting a Business Structure In Texas
-Register your sealcoating business.
You can register your business with the state of Texas here: Texas Business Registration
-Open a Business Checking Account.
You will need to open a separate bank account for your business with your new sealcoating business name.
-Find out about taxes, 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 information about taxes here:
-Get Liability Insurance.
You may want to shop around as rates can vary.
-Register as a Contractor.
You will need to check with your local government about contractor registration.
The insurance agency that provided your liability insurance should be able to help with this. You don’t need Worker’s Compensation unless you have employees.
-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 sealcoating business in a particular locale, whether you are a resident, or not.
Depending on the locale, you may need to apply for permits before commencing certain types of sealcoating or line painting jobs.
Depending on how many employees you have, you may need to follow OSHA regulations. http://www.osha.gov