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What Are The Start Up Costs???

 
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Old 01-22-2008, 02:11 PM   #1
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What Are The Start Up Costs???


I'd like to get a ball park of start up costs for a new remodeling business?

Never mind the office equipment, marketing, etc... I can figure that out. I'm talking about the bare essentials. After the exam fee ($250), what am I looking at in terms of bonding, general liability, etc... How much does all that cost?

Just the basics to get me legal and ready to work? $$
Any pros from California would be appreciated.

Thanks
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Old 01-23-2008, 12:34 PM   #2
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Re: What Are The Start Up Costs???


Anybody???

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Old 01-23-2008, 12:46 PM   #3
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Re: What Are The Start Up Costs???


im in GA so it may differ but i just paid 913$ for 1 million GL and 1 million Wc. this is only for 3 months though.For the year it was around 2500$. Keep in mind this is for 1 employee only. here you pay WC by estimating what your employee/s will make. I am paying 9.9% on WC i believe.Also work has come to screeching halt around here so im paying all this with no work.My licenses were around 100$ for the year.Good luck your gonna need it and so do i
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Old 01-23-2008, 03:12 PM   #4
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Re: What Are The Start Up Costs???


I am in VA so numbers are probably way lower here but with WC, liability, truck, life, and health insurance, truck upkeep for two trucks, storage and parking space for step van.

I need to make $14,500 just to start making money.

But I started out with a just a truck license and liability, work hard and pay the bills as soon as they come in and you too can struggle to keep your head above water in the coming years.
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Old 01-23-2008, 09:46 PM   #5
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Re: What Are The Start Up Costs???


The bonding I believe is 150 to 200 bucks for two years. I have a GL for
1 million for 1,000 bucks per year. And don't forget about registering your
DBA with the city that's about 100 and then you have to publish it in the newspaper for 1 month and I think that was about 75 bucks. If you want me to give you the number for my insurance agent pm me, that was the best deal I could find. I'm Los Angeles by the way.
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