One common misconception about surety bonds is that they are just another form of insurance. That’s right in the sense that they offer a sense of security that you can complete the work you promise to complete. It’s not technically correct in the traditional sense of what insurance is and what i...
Month: October 2017
How Surety Bonds Can Benefit Your Business
Surety bonds are vital to your business operations. They are a required part of getting your construction bids and projects up and running; without them you can’t operate in a contracting business. For this reason, many people view them as nothing more than a necessary evil, an extra expense and r...
The Ultimate Guide to Construction Risk Insurance
Securing your construction business against unforeseen circumstances is not just a good idea — it’s vital to keeping everything up and running. After all, construction is a risky business all around, and at some point in time, the odds are that something unfortunate will arise that will cause yo...
Important Construction Stats for Managers
Statistics may be eminently malleable, but when used properly, they can be a valuable tool to illuminate where your business is working well and not quite making it up to par. Not only do you need to be aware of the general trends in the industry, but you also need to know how your business …...