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Tuesday, December 3, 2013

Small Business Contractors and Surety Bonds

Starting your own business is an exciting venture, but also can be very stressful. Most small business owners are swamped with paperwork they must complete to legally operate, such as surety bonds.

Surety bonds are required in some states, cities, and counties, in compliance with federal, state and local law in numerous industries. If a business is required to have a bond, you won’t be able to get a business license without it.

If you are required to purchase a surety bond, it can also help your business tremendously. Licensed and bonded business show credibility and strong business ethics. Consumers are much more likely to work with a business they can trust than those who do not provide that same feeling.

Surety bonds are different than insurance. Bonds serve more as consumer protection that you will abide by the laws of the government agency that requires the bond.

Are you interested in being a business owner or need a renewal for your bond? Call the Ashton Agency at (800) 451-4854 (East of Mississippi) or (800) 452-2663 (West) today to help you renew your bond and possibly save you money!

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