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Tips for Getting Bonding: In this clip, Richard shares essential advice on securing construction bonding. From having a reliable accountant to building strong relationships with your bank and surety bond company, these tips are key to opening doors for growth and new opportunities. Thank you again, LEDC, MDBA Rural Center, and MileOne#, for giving us the chance to share our journey. #Construction #Bonding #Business #Tips #Building
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Tips for Getting Bonding: In this clip, Richard shares essential advice on securing construction bonding. From having a reliable accountant to building strong relationships with your bank and surety bond company, these tips are key to opening doors for growth and new opportunities. Thank you again, LEDC, MDBA Rural Center, and MileOne#, for giving us the chance to share our journey. #Construction #Bonding #Business #Tips #Building
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Why do you need this surety bond? It's a great question if this is your first time getting bonded. When the state, county, or city issues you a license, they're effectively telling the public that you are a trustworthy - contracting professional. They want to protect the public from contractor fraud, but they can't police everybody. So they make you get this surety bond. It's a legal promise backed by money (a penalty) that will protect the customers of contractors. And that's why they make you
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