chjohn said:
Just do it! Florida is a very easy state to set up an LLC. Business license, DBA, Sales Tax etc are all very easy and you can do most of it online. You have to take out an add in a paper for your DBA but you can do it in your local business paper real cheap. Your biggest problem may be a hazardous waste license and fees for the paint products and waste. You also will need a Federal Employer Identification Number (FEIN) which is easy too. There are a lot of little pain in the azz steps but it really is not that difficult.
The number one thing is to get all that crap done and keep good books, the format of your bookkeeping is not as important as having it complete and up to date. The State Department of Revenue guys are worse than the IRS but when they show up (and they can pretty much anytime) if your books are in order and up to date they usually leave you alone after one or two visits.
Right now is the time to do all the little stuff getting set up. The economic downturn should turn around soon and you want to be ready when people start spending again.
Just do it! Take the chance now while you are young enough to enjoy the rewards later.
All very valid points, especially the part about the state WILL get their money. It only cost about $300 to incorporate, then $150 a year after that. As chjohn said, the state will be all over you about disposing of hazardous material, and may went to inspect where you're spraying, to be sure you have adequate ventillation. Just a few years ago, the state made it damn near impossible to get a worker's comp exemption, if you don't already have one. Once you incorporate, you can claim three officers of the corporation that you can exempt, though I have been at the comp office, and heard what some poor guys had to do to qualify for an exemption. I'd plan on buying a policy, even though you CAN'T get comp on yourself, some places make you have a policy. Insurance agents refer to it as a "dead man's policy". Last time I checked (many years ago), a dead man's policy for my trade was $750 a year.