How to Be an Independent Contractor

Step-by-Step Guide

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   Step 1: Give your business a name.

   This is the most important step of doing business legally. , It's better to register for it as soon as possible and have it, then have to try to get it later. ,, Make sure to get AT LEAST the minimum amount. , If you have to wait a while to get that license, hire someone else with a contractor's license.
   
   In states like New York, the license is for the individual, not the company.
   
   Make sure to do as much research as possible in order to ensure that you are fully licensed and insured. , However, the sooner you open these accounts, the sooner you're able to have a reasonable amount of credit with the business. , Make sure you have one. , Make sure to have a dedicated land line or cell phone specifically for the business.
   
   Keep your business and personal life as separate as possible. , Make sure people recognize your company name. , Get one.
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   Step 2: Register your business - Register your business with the federal government

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   Step 3: your state registry

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   Step 4: and your city (if applicable).

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   Step 5: Register for your EIN Number - This is the number you will need in order to open a bank account

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   Step 6: get insurance

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   Step 7: register for workman's comp

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   Step 8: Open a Bank Account - Open a bank account in your business name.

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   Step 9: Get insurance - Most counties and states have a minimum amount that you are required to be insured for.

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    Step 10: Apply for your state/county contractor's license - In most states

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    Step 11: you need to be licensed.

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    Step 12: Create a few accounts with local vendors - Since you're a new company

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    Step 13: they're probably not going to give you a huge credit line.

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    Step 14: Build a website

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    Step 15: or pay for a website to be designed for you.

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    Step 16: Get a dedicated phone line - Chances are

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    Step 17: at first you will be working out of your garage or home office.

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    Step 18: Put ads in the local papers

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    Step 19: yellow pages

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    Step 20: magazines

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    Step 21: Buy a commercial vehicle is great to have.

Detailed Guide

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