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Unlike other states, Maine doesn't require general contractors to be licensedonly plumbers, electricians, and contractors who do specialty work. Check out the full list of who needs to be licensed here. Instead, general contractors need to apply for Maine business licenses.
Licensing and Registration Fee SummaryMaine does not require that general contractors register or obtain licenses to operate at the state level. Individuals, counties, cities, and towns may require different levels of licensing and/or registration.
Five Ways to Market Your Brand as an Independent ContractorKnow Your Online Audience. In order to market yourself effectively as an independent contractor, you have to know who you're marketing to!Build a Brand for Yourself.Know Your Professional Goals.Get Clients More Involved.Take Advantage of Booksy Marketing Tools.
Written Contracts Are Required For all home construction and home improvement projects over $3,000, Maine law requires a written contract with a specific provision that prohibits payment up front of more than one third of the contract price.
Doing Work as an Independent Contractor: How to Protect Yourself and Price Your ServicesProtect your social security number.Have a clearly defined scope of work and contract in place with clients.Get general/professional liability insurance.Consider incorporating or creating a limited liability company (LLC).More items...?
A basic rule of thumb that most people suggest would be to determine your hourly rate as a permanent employee, and then add 50-75%. If you were earning $65,000/year, that equates to $31.25/hr. By adding 50%, your rate would be $47/hr, and at 75%, your rate would be $55/hr.
What is the $600 threshold? You are required to complete a 1099-MISC reporting form for an independent worker or unincorporated business if you paid that independent worker or business $600 or more.
There are no general contractor or handyman license requirements at the state level in Maine. There may be local regulations you need to comply with, so make sure to check these out before you begin working.
Calculate Your Hourly Rate. Business schools teach a standard formula for determining an hourly rate: Add up your labor and overhead costs, add the profit you want to earn, then divide the total by your hours worked. This is the minimum you must charge to pay your expenses, pay yourself a salary, and earn a profit.
Maine Roofing Law However, specific roofing jobs do require a license. Roofing contractors who do work with Asbestos, for example, must have a license Maine Department of Environmental Protection.