According to the IRS, the most important type of contract reforestation issued by federal agencies and state is pre-commercial thinning and planting trees. With 80 percent of Earth's natural forests already destroyed and the remaining forests with Brazil and Indonesia being stripped at an alarming rate (see footnote 2.) Reforestation efforts are not only profitable, but vital to our survival rights. Starting a Business reforestation is somewhat similar from any other type of company. You need a solid financial plan, qualified staff, a marketing plan, business licenses and business registration with your Secretary of State.
Create a business plan. Note the general idea of your company reforestation. This type of company generally obtains contracts with a handful of government agencies like the Bureau of Land Management (BLM), U.S. Department of Agriculture Forest Service and local for-profit or public organizations to nonprofit organizations. This will be your target market and you must include as much information as possible about them in your business plan. Also include initial costs such as equipment, labor, and office expenses. startup costs for this type of society is approximately $ 100,000 on the low end, as of September 2010.
Register your company with your Secretary of State. File articles of incorporation of your company reforestation. Your Secretary of State has sample documents to help you in this process. Some states have online filing available. Consult a lawyer about the best type of business structure for a reforestation company in your area. Depending on the type of business structure and state, the registration costs between $ 50 and $ 200, from September 2010.
Purchase equipment. List the type of equipment you will need to complete the work of reforestation. In general, you will need to transport vehicles and excavation equipment. Get additional equipment such as gloves and boots for your employees.
Get obligations. Depending on the state of your operation, you must make a payment bond before you can get your farm / labor contractor license. In Oregon, for example, salaries of state and Hour Division requires a $ 10,000 bond for each partner company.
Enjoy a cover accidents to your employees. When you apply for Farm / Licensing contractor's work, they check that you have a workers' compensation coverage.
Apply for a contractor's license agricultural labor / from. All requests for reforestation contracts, including tree planting, tree thinning and cultivation of a plant, contains an obligation for the Farm / Labor Certification Contractor Registration . It is possible to obtain reforestation contracts without a license, like many government agencies and nonprofit organizations may not request or require. However, you can become a prime contractor for the government if you have a license. License fee is $ 100, effective September 2010. Contact your local Department of Labour office to apply for a registration number. You will need to submit a certificate of workers' compensation coverage and bond amount.
File a certified payroll. Once you receive a license and start working on reforestation contracts, you will need to produce a payroll certified every 35 days with the Bureau of Labor and Industries, Wage and Hour Division. Compensation will be certified list of employee names, their gross salary and the amount withheld for taxes. The Bureau of Labor and Industries uses this process to determine whether contractors are complying with state wage and hour laws.
help start a small business
0 comments:
Post a Comment