Starting a new business

[VinAlex]

I live in the Houston are and I have been receiving suggestions from several people over the course of this past year to start a dog-training/rehabilitation business. It was recommended to me by my father to look into bonds for such a business before starting. Trouble is I haven't the first clue how this works. I would like to know what type of bond I should get, how much it would cost, what type of coverage it provides and what to look out for when pursuing bonding.

[Surety Queen]

Originally Posted by VinAlex

I live in the Houston are and I have been receiving suggestions from several people over the course of this past year to start a dog-training/rehabilitation business. It was recommended to me by my father to look into bonds for such a business before starting. Trouble is I haven't the first clue how this works. I would like to know what type of bond I should get, how much it would cost, what type of coverage it provides and what to look out for when pursuing bonding.

Probably a Fidelity Bond would be your best option. It assures your clients that if you or your employee steal from them, and are convicted of the crime, that the bond will cover damages up to the amount of the bond. The only other option for bonding would be if your city or the State requires that you carry a license bond.

Either way, we can help you. Please feel free to call our office to speak with a bond specialist to see exactly what fits your needs.

[EZ this is not]

Hi,
I am thinking of opening a business where I would go in an clean and take care of Freshwater Aquariums for people who are going on vacation, or going into the hospital or just can't do it themselves. But I don't want to go into someones home while they are gone and have them say that something was taken at the time I was there and they were not. So how do I protect myself from this happening? Will being Licensed and Bonded help me do so or do I even need this?

[Bond Magician]

Originally Posted by EZ this is not

Hi,
I am thinking of opening a business where I would go in an clean and take care of Freshwater Aquariums for people who are going on vacation, or going into the hospital or just can't do it themselves. But I don't want to go into someones home while they are gone and have them say that something was taken at the time I was there and they were not. So how do I protect myself from this happening? Will being Licensed and Bonded help me do so or do I even need this?

It sounds like you may be looking for an Employee Dishonesty Bond/Fidelity Bond. These types of bonds are not required, but many individuals obtain them because they help business and attract potential clients. These types of bonds are relatively inexpensive, and your personal credit does not come into play. All you have to do is contact a local insurance agency within your state and inquire about a Fidelity Bond.

Hope this helps!

[Admin]

I'd recommend reading: Surety Bond Blog » Blog Archive » Getting Your New Business Bonded