Do I need a Surety Bond?

[domesticdiva]

Ok, I know that seems like a silly question. The main reason I am asking is that I am the owner / operator of my business. The sole cleaner you could say. I have no intentions of expanding and hiring employees.

Somewhere along the internet I came across a cleaning company that was just a husband and wife, and they said that they were insured but not bonded, because bonding only covers employees and they had no employees.

So I am asking the experts? What's the scoop on surety bonds??

Thanks,
Brandy

[Kevin]

Its $100 bucks for a year and a full write off. I would say its common knowledge with cleaning customers, and so highly publicized that cleaning services should be bonded, that the time you take explaining to a potential customer, or the browse over your advertisement a potential customer might see, and there is no insurance and bonded in the ad. Why take the risk of losing a job.

Same goes for background checks, a big selling point?

If your not insured and bonded, your not doing any work for me, I would also say most of my friends which are also business owners that have services, any service make sure they are insured and bonded.

You can explain all day to a customer, till your blue in the face, what a bond is and what a bond is not. When the next service comes in that has a bond, and is priced the same. Your outmatched.

A bond is a cost of doing business

[domesticdiva]

That makes very good sense. Thanks for all your information! I greatly appreciate it Kevin. I will get bonded as well.