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What is a Contractor License Bond

What is a Contractor License Bond?

A contractor license bond is a legally binding contract that protects your clients and the public and is usually required to obtain a contractor license. It gives your clients and the public the ability to place a claim for financial compensation if you don’t fulfill the terms of your bond. This is …

12 Smart Ways to Recession-Proof Your Business

12 Smart Ways to Recession-Proof Your Business

June 30, 2020
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Today’s economic climate brings memories of The Great Recession that some of us prefer not to remember. All businesses are vulnerable to financial storms. The most you can do is prepare your business before the tough times occur and stay on your toes until it passes.

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BMC-84 or BMC-85 for Freight Brokers

June 15, 2020
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Getting a surety bond (BMC-84) or trust fund (BMC-85) is a critical step on the path to becoming a freight broker. You can’t operate legally without one of these options because it’s a license requirement by the FMCSA. As we know from the clients we speak to on a daily basis, the process can …