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Payment and Performance Bond: How They Work Together

Payment and Performance Bond: How They Work Together

August 17, 2020
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Payment and performance bonds are obtained by contractors for construction jobs to protect different groups from unmet contractual promises. Public construction projects typically require these bonds, but private projects can also require them. Since the bonds are typically issued together, many …

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Everything About Employee Theft + Tips to Prevent It

Everything About Employee Theft + Tips to Prevent It

August 4, 2020
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Employee theft takes a big toll on companies. Contrary to what you might think, employee theft goes beyond stolen cash. Business ideas, supplies, data, and time are all things employees can take. Workplace thieves are typically motivated by financial need or revenge. A Tesla employee sabotage is an …

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How to Become an Insurance Broker in 4 Simple Steps

How to Become an Insurance Broker in 4 Simple Steps

July 17, 2020
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  To become an insurance broker, you’ll need to complete pre-licensing requirements like coursework, fingerprints and an exam. These requirements vary depending on where you want to get licensed. As an insurance broker, you’ll work directly with clients to find the best insurance policies for them. …

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What is a Contractor License Bond

What is a Contractor License Bond?

July 9, 2020
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A contractor license bond is a legally binding contract that protects your clients and the public and is usually required to obtain a contractor license. It gives your clients and the public the ability to place a claim for financial compensation if you don’t fulfill the terms of your bond. This is …

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