There are some steps to complete to start an electrical business in Florida. Below, you will find information on how to register your electrical company in Florida.
How to Register Your Electrical Business In Florida
The state of Florida has specific requirements if you are an electrician who wants to start a business. Make sure you research the regulations in the area you are planning to start your business so you can operate legally.
Here is a website to help you get started with your business in Florida: http://www.floridatrend.com/small-business
1. You will need to select your business structure.
Sole-proprietor, LLC, Partnership, Corporation, etc. Find out more here: http://www.floridatrend.com/small-business
2. You will need to choose and register your electrical business name.
Find out more about registering a fictitious name here: https://efile.sunbiz.org/ficregintro.html
If you need help selecting a name for your electric business: Electrical Company Name Ideas
3. You will need to register your electrician business with the state of Florida.
You can register your electrical business with the state of Florida here: Florida Business Registration
4. You will need to open a business checking account.
You will need to open a separate bank account for your electrical business with your new business name.
5. You will need to find out about the requirements for taxes, and possibly 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: http://dor.myflorida.com/dor/info_business.html and http://www.irs.gov/Businesses/Small-Businesses-&-Self-Employed/Starting-a-Business .
6. You will need to get liability insurance.
Talk about your needs with a few different insurance agents, as prices and options can vary.
7. You may need to register as a Contractor with the state of Florida.
You may need to register as a contractor in Florida. There is a fee to register. The registration fee must be paid every other year. There are two types of contractor licenses in Florida- Registered and Certified. Registration – The applicant has taken and passed a local competency examination and can practice only within that locale. Certification – The applicant has taken and passed an examination and can practice throughout Florida. You can find out more about applying for your registration here: Florida Contractor Registration.
8. You may need to provide worker’s compensation.
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.
9. You will need to get your own 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.
10. You are responsible for necessary city licenses and permits.
You may be required to obtain a license to operate your electrical business in a particular locale, whether you are a resident, or not. You may need to apply for permits before commencing certain types of electrician jobs.
11. You must be aware of building codes and inspections.
You must find out if building codes apply to your particular job, and if your work is subject to inspections.
12. You may need to follow OSHA regulations.
Depending on how many employees you have, you may need to follow OSHA regulations. http://www.osha.gov