So you have found the right company idea, and now you’re ready to take the next crucial step. There’s more to beginning a Athens, GA Roofing Services than simply filing it with your state. The following steps will make sure your new company is well designed, registered correctly and legitimately profitable.
The very first step in starting your own new business is getting registered. If you have previously filed an original business permit with your county, or any other county within your state, then step one is already complete. Otherwise, you’ll need to file a duplicate application to get things moving. You can do this yourself, but it might be easier and more efficient to hire a licensed professional to handle the filing process for you.
The next thing to consider for your new company is your budget. As a roofing business owners, you’ll need to set up a budget and know how much money you can spend on things like advertising, liability and workers’ compensation insurance premiums, and more. You may even want to look into some long-term options, such as dumpster rentals, emergency shutters, and more. Remember that every business has expenses, and the more you can save on your ongoing expenses, the more money you can put back into your business.
After you’ve reviewed your budget, it’s time to make sure you have a good slate of roofing contractors to call upon should the need arise. This will also give you a bit of peace of mind in case one of your roofers has a past issue that won’t be easy to put past. Make sure they are bonded and insured, and that they are fully qualified to handle the job you’re requesting. This will help keep you from paying excessive fees and/or having a bad experience with your contractor.
The third thing you need to review is your general liability and workers’ compensation insurance premiums. The more work you do on a roof, the more you will need insurance to cover these types of damages. Make sure the insurance policy is a fair amount, but also offers coverage in case you are sued by a roofing contractor, or if your customer sustains any injury as a result of a roof repair. Many people mistakenly think their general liability and workers’ compensation insurance will cover any damage they cause to their customers, but it usually only covers damage caused by neglect. Make sure your coverage includes any damage that results from a contractor’s negligence, whether it’s from a falling ladder or falling debris.
The last thing you need to review is the type of licenses a particular roofing contractor is required to have in your area. There are different licenses for different states, and it’s important to know which ones are required for your state. Some states don’t require certain licenses for roofing contractors, so don’t assume that they do. Be sure to find out the specifics.