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Registering your business Independent contractors must register with the Department of Revenue unless they: Make less than $12,000 a year before expenses; Do not make retail sales; Are not required to pay or collect any taxes administered by the Department of Revenue.
Heres how to find a local contractor for your project: Begin your search through friends and online. Before you can choose a contractor, you first have to find one. Do your renovation homework. Talk with prospective contractors at length. Ask about references. Get a detailed estimate. Agree on a contract.
Where to find subcontractors. To find subcontractors, GCs and PMs usually go to sites like BuildingConnected, AGC, BIA, and other trade organizations. Once there, a GC will put out a Request for Proposal (RFP). RFPs list out important project details, like the skills needed, objectives, and the project timeline.
How to Get a Washington Contractor License: Be sure you need a contractors license. Register your business with the WA Secretary of State. Register with the Department of Revenue. Get an EIN Number. Get bonded. Obtain proof of insurance. Submit your application.
You need a Washington state specialty license in case you want to work within one trade field, such as plumbing, electrical works and HVAC. If you want to cover a couple of trades, you will need a general contractor registration. It also allows you to hire subcontractors.
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As a very rough rule of thumb, the profit for the subcontractor should lie somewhere between 3-5% of the total job, but there is no fixed rule. Where there is some room in your agreement for negotiation is what you consider the margin for profit and what you might classify as contingency.
Construction Contractors Must Be Registered. Washington State requires all construction contractors to register with LI. State law also requires construction contractors to be bonded and insured to protect the public. Once registered, contractors can bid, advertise, and perform construction work.
For this reason, try to hire subcontractors youre confident can match the speed and scope of your work.Top tips on choosing the right subcontractor Trade experience and qualifications. Business website and social media profiles. References from former clients. Portfolios of previous work.
How to Get a Washington Contractor License: Be sure you need a contractors license. Register your business with the WA Secretary of State. Register with the Department of Revenue. Get an EIN Number. Get bonded. Obtain proof of insurance. Submit your application.
You need a Washington state specialty license in case you want to work within one trade field, such as plumbing, electrical works and HVAC. If you want to cover a couple of trades, you will need a general contractor registration. It also allows you to hire subcontractors.

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