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Do you have what it takes to be an entrepreneur? These videos can help you get your business off the ground.
You Will Need
- Bonding company
- Bond type
- Clean record
- Bond amount
Locate a company
Talk to other business owners, check the phone book, or go online to locate a bonding company. Contact several companies to be sure you get the best bond available.
Choose a bond type
Choose the best bond type for your situation based on the work you do and the location of your business.
Have a clean record
Have a clean criminal record -- most bond companies will not do business with an individual who has a criminal history or a business that has been sued several times.
Clean up finances
Clean up your finances and be sure everything is up to code and looks presentable. The bonding company will investigate everything thoroughly.
Complete the required forms and application to start the bonding process.
Determine the amount you want to be bonded for. Most bonds are available in increments of $5,000 up to $25,000. Some companies will offer bonds up to $2 million if necessary, but this is rare. Advertise on your company's vehicles that you are bonded and insured.