I passed the test and recieved my license - Contractor Talk - Professional Construction and Remodeling Forum

swaltco · 04-10-2009, 12:39 PM

Okay so now what do I do. I mean do I have to contact my city. How about with IRS do I need to do anything. What are my next steps in moving forward with starting a legitimate construction company.

Handymanservice · 04-10-2009, 01:02 PM

Dont take this wrong, but go buy "Starting a business for Dummies" and follow all of the items they tell you.

Get a business license wherever you want to do business.
Get insurance.
If you are going to have employee's, get WC
If you are going to have employee's, get an EIN
Talk to an accountant about the legal structure of your company, possibly incorporate since you are in California
Talk to an attorney about writing your contracts
Install "clauses" to protect your company

Good job passing the tests, now you really have to "pass tests", the only difference is your "grade" will be your income.

Handymanservice · 04-10-2009, 01:03 PM

What do you plan to do as a Contractor? Where are you located in CA?

swaltco · 04-10-2009, 02:02 PM

I am right over the hill from you in Castro Valley. We have been specializing in foundations and framing. We have very compentent subs for elec and plumb everything else is in house.

JoanPalley · 04-14-2009, 08:11 PM

Hi,
Now that you have passed your exam there are several things to be done prior to the CSLB issuing your license. Checking the CSLB web-site it looks like they are working on final fees/documents received March 25,2009.
If you haven't already applied for your Bond you will need a Contractors License Bond and also either the Workers Comp Exemption Certificate or your Certificate of Insurance showing you have Workers Comp Insurance.
Although the state does not require you to have General Liability Insurance it is something you should consider. It just protects you as the contractor if you should accidently damage a clients property etc. It also shows prospective clients that you are not only licensed but insured as well.
I can help you with any of the above mentioned Bonds and Insurances you need. If you have any questions and I can be of assistance please call me @ 1-866-621-0773.
Again, accept my congratulations on your passing of your license exam.
You will be ready on day one when the economy rebounds.

PS You may need a county or city business license. Talk with an accountant about setting up your books.
I hear that QuickPass has excellent software for small business but I beleive that talking with a professional first would be the way to go.

License Guru · 04-14-2009, 11:46 PM

Quote:

Originally Posted by swaltco

I passed the test and recieved my license

Seems to me as though he already received his license

JoanPalley · 04-15-2009, 09:11 AM

Hi,
Sorry if I gave you more information then needed. Knowledge is power and if someone else reads the posts they might find the information useful.
Have a great day!
Joan

FrankGi · 05-11-2009, 04:28 AM

Quote:

Originally Posted by Handymanservice

"Wise men talk because they have something to say: fools talk because they have to say something."

I like that ...good quote.

Crock · 05-11-2009, 07:10 AM

Now is not a good time to add another contractor to the list. I would get a job with healthcare,foodservice, or haircutting right now.