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Sponsor -> Home Inventory Business Forum -> Other -> Bonding
Post Info TOPIC: Bonding
Are You Bonded? [6 vote(s)]

Yes
66.7%
No
33.3%
Bridget

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Bonding
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What "kind" of surety bond do you have? (Commercial? Other?)

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your_stuff_matters

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I looked up bonding in the telephone book and got a surety bond from a local company.

Although I don't have employees, I want to give my clients the peace of mind that my company is trustworthy.

The bond cost about $125 for a year.

Jules


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"To live a creative life, we must lose our fear of being wrong."
Erik

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In my understanding after talking with 2 different agents. A sole or family owned business of this type doesnt need bonding. Bonding is for your employees. If they steal something. I couldnt even get a quote for bonding.
Erik

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Bridget

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Posts: 37
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I'm doing some researching on Bonding (you know, as in "Licensed, BONDED, and Insured") and have a few questions:


    What kind of bond did you purchase? (What coverage does it provide?)

    How much coverage did you buy (in $$$)

    How much did/does it cost you (annually)?

    What company did you purchase from (and their website, if applicable)

    Also, do you have any employees? (I've read that several people have had difficulty getting bonded if they are self-employed and the sole employee of the business...)

Thanks!

-- Edited by Bridget at 18:57, 2007-05-31

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