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Old 03-04-2013, 08:55 PM   #1
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Question Help getting licensed in Louisiana

Can someone please give me advice on getting licensed in the state of Louisiana? I have been doing research for hours. I'm confused as to weather I need to be incorporated first and do I need to bonded and insured before applying for my license. Or do I apply for my license first. If someone can give me the steps to be a licensed electrician would be great. I have approximately 12 years experience.
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Old 03-04-2013, 09:22 PM   #2
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Old 03-04-2013, 10:14 PM   #3
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Apply for the license, complete all forms, choose how you plan to do business: i.e. sole, llc, incorp. Be sure to have the financial form certified by a CPA. If you haven't ordered the business law book get it and start studying. Good luck. You will need your bonding and insurance docs when you apply for your business license and federal tax id #.
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Old 03-04-2013, 10:50 PM   #4
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Where in la are you gonna be working?
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Old 03-04-2013, 11:16 PM   #5
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I am getting ready to apply to take the test to in louisiana also. The way I understand it is you need to have your proof of ins, financial statement, and show wether you are incorp, sole prop, llc etc at time you submit your application. You will get your business law study book when they process your app, that is part of the fee. Did you get on Louisiana licensing board of contractors web site?
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Old 03-05-2013, 09:47 AM   #6
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Apply for the license, complete all forms, choose how you plan to do business: i.e. sole, llc, incorp. Be sure to have the financial form certified by a CPA. If you haven't ordered the business law book get it and start studying. Good luck. You will need your bonding and insurance docs when you apply for your business license and federal tax id #.
I did read about the financial forms needed. Do you know if I have to have a certain amount of equity?
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Old 03-05-2013, 10:33 AM   #7
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I did read about the financial forms needed. Do you know if I have to have a certain amount of equity?

You must show a net worth of at least $10,000. The CPA will help you develope that net worth based on personal cash, real property and moveables, vehicles, equipment ect. It would be best if you had an account established for the business with cash in it, along with tools, equipment, vehicle and office equipment like computer, fax/telephone. Things that you already use in doing electrical work.
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Old 03-05-2013, 04:17 PM   #8
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You must show a net worth of at least $10,000. The CPA will help you develope that net worth based on personal cash, real property and moveables, vehicles, equipment ect. It would be best if you had an account established for the business with cash in it, along with tools, equipment, vehicle and office equipment like computer, fax/telephone. Things that you already use in doing electrical work.
Thank you so much for all your help. I've got one more question for you (hopefully right?!). Can you give me a little info on being bonded and insured? Like approximate cost and which company to use. And once again thanks for your help. You have been great!!!!
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Old 03-05-2013, 04:32 PM   #9
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Thank you so much for all your help. I've got one more question for you (hopefully right?!). Can you give me a little info on being bonded and insured? Like approximate cost and which company to use. And once again thanks for your help. You have been great!!!!

You haven't listed what area you are in but, you could start with your current auto insurance agent if you have one for a reference in your area. There are a couple of different routes you could go by obtaining the least amount of liabilty for the size of jobs you believe you would bid or take. The same for a bond except it really is not that more expensive to go as high as a million dollar policy as a retainer. There is a member here WalkerJ who may jump in with a few answers, he is located in the Baton Rouge area.
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Old 03-06-2013, 08:52 AM   #10
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You haven't listed what area you are in but, you could start with your current auto insurance agent if you have one for a reference in your area. There are a couple of different routes you could go by obtaining the least amount of liabilty for the size of jobs you believe you would bid or take. The same for a bond except it really is not that more expensive to go as high as a million dollar policy as a retainer. There is a member here WalkerJ who may jump in with a few answers, he is located in the Baton Rouge area.
Thank you very much. I messages walkerj. So let me get this straight. I have to have all that done (type of business, financial statement, bonded and insured) before I can apply for my license?????
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Old 03-06-2013, 09:04 AM   #11
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Thank you very much. I messages walkerj. So let me get this straight. I have to have all that done (type of business, financial statement, bonded and insured) before I can apply for my license?????
It appears so as I went to the license board site and reviewed the instructions and forms. Since Katrina the contractor license laws have changed considerably, for the most part better.

Before moving to Louisiana from California in 2005 I bought the business law book to study and found a 1999 NEC as the test was based on at that time. After Katrina the state established the use of more recent codes including the NEC along with requiring building permits and inspections.
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Old 03-06-2013, 10:33 AM   #12
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It appears so as I went to the license board site and reviewed the instructions and forms. Since Katrina the contractor license laws have changed considerably, for the most part better.

Before moving to Louisiana from California in 2005 I bought the business law book to study and found a 1999 NEC as the test was based on at that time. After Katrina the state established the use of more recent codes including the NEC along with requiring building permits and inspections.
That's interesting. Well I'm going to give this a shot. I'm in the Baton Rouge area so when I make it big ill give you all the credit!
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