Surety Bond Education

When planning any business venture, it is important to think with the end in mind. Considering your exit strategy does not mean you are not committed to your business. It shows you care about the business and brand you have created living on into the future after you have decided to cease involvement or are unable to continue in day-to-day operations. Business Continuity Many construction companies are closely held family businesses, often with ownership residing with one or two founding members. In my experience, continuity discussions can be challenging primarily due to the daily demands of running of the company […]

You’ve probably seen a truck driving down the road or a business card state “Licensed and Bonded”, right? Well what exactly does it mean to be licensed and bonded? What Does Licensed and Bonded Mean? Let’s break it down a little bit.  First, what does it mean to be licensed? There are many types of businesses and trades that require a professional license in order to perform that particular line of work.  For instance, the person that cuts your hair must be licensed.  To obtain a license they must prove that they have a certain level of acumen in that […]