Want To Be Your Own Boss In Montana? Three Easy Steps To Start
Let's be real about something, there are a lot of people moving to Bozeman (duh), and some are starting their own businesses. Whether it is cleaning, painting, dog walking, whatever it may be, this is a town of entrepreneurs.
I was talking to a contractor in Butte the other day and we started talking business. Let's call him Joe for the sake of this article. Joe has been doing work in Montana for years and years, and finally, after all his incredibly hard work, decided that it was time for him to start working for himself.
I was curious about all the Montana rules about start-ups. North Dakota is really the only state I am familiar with when it comes to this topic. I wanted to know the differences between the two states. So who better to ask then someone with so much experience.
The first thing Joe said was, "Get an LLC (Limited Liability Company)". You can do that online and it will cost you around 70 bucks. You want to establish a name and make sure you are registered with the state of Montana. What is your trade? Will you have employees? Things you should really not have to think about, as you should already know what direction you want your company to go in.
Secondly, get licensed with the state. Fill out your Independent Contractor Exemption Form (or whichever is fitting for your new adventure). The cost is $125 dollars and will need to be sent in, this is not an online form as it will also need to be notarized.
Then you will need to add your business to your insurance. The nice thing about this, is that typically when you bundle insurance policies, you end up saving money on your other policies. Your car, life, home, renters, whatever you already have, adding the business insurance should save you on the others.
You are set! Huge THANK YOU to Joe for his words of wisdom! Now you just need to make sure you have the rest of the "tools to success" to start your jobs, and be your own boss. You could be building, cleaning, painting, etc. the homes below before you know it. Word of mouth, social media and of course RADIO are all easy and convenient ways to get your calendar full. Good luck and enjoy not having to ask for time off!