Are you looking to start a junk removal business in Florida? Before you begin operating, you need first to decide whether you will register your business as a partnership, sole proprietor, LLC, or corporation. Once your business is registered, you should go ahead and apply for the relevant licensing. Read on to find out more about the licensing of junk haulage and dumpster rental company structures.
Junk Removal Business License
No matter which type of business you register, the state of Florida requires that you obtain a business license before you start operating. This is because even as a junk removal business, you still need to account for the type of business that you run. To obtain a junk removal license, you must submit a general hauler application to the state of Florida. The General Hauler permit allows you to engage in the operations of removing solid waste and/or recyclable material.
The general hauler permit states that you must report information to the relevant department as stimulated by the code. These reports must be submitted at least once annually but not more than four times per year.
Tax Identification
After you have registered your company and obtained a general hauler’s license, you must also obtain a tax identification number from the IRS. It is important that as you do this, you figure out how your business structure affects the taxes you pay and the liabilities you’ll have. Once you have your tax identification number, keep in mind that it is important to keep clear and up-to-date records of all your business transactions, including the money you make and spend. This also includes proper mileage records for all your operations.
Service Agreement
Once everything is up and running and you have your license and tax identification number from the IRS, you can start operating your junk removal business. However, it is important to ensure that before you start any job, you get clients to sign a service agreement. This document clarifies the client’s expectations and minimizes the risk of legal disputes. It also contains clear payment terms and conditions and the service level, among other things.
The state of Florida requires that everyone interested in running a junk haulage business applies for a license first. Apart from that, one must also have a fully registered business and a tax identification number from the IRS. These requirements are the same as those for people looking to establish a dumpster rental company. If you need help obtaining a junk haulage or dumpster rental company license, get in touch with us today.
