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Unread 07-03-2019, 06:23 AM   #1
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Default license and bonding

I started a little side work cleaning a pool. I'm going to look at two more making it three pools a month. Just doing it for beer money really. Should I pursue getting license and bonded? Btw I am cpo certified at my job
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Unread 07-03-2019, 07:39 AM   #2
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You should definitely secure an occupational license, and liability insurance.
At the bare minimum.
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Unread Yesterday, 11:42 PM   #3
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Liability is about $500 a year.


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Unread Today, 08:28 AM   #4
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Yep just as BT said. Covers yourself and your customers. Make it 4 or 5 a month to pay for it all and be cover!
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Unread Today, 09:34 AM   #5
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I'm a little surprised you can have a pool cleaning or any business with being licensed and insured. Keep in mind anything could happen. A home owner could accuse you of damaging a pool liner any any number of things.



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Unread Today, 10:23 AM   #6
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What's it mean to be bonded?
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Unread Today, 06:12 PM   #7
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Quote:
Originally Posted by Lyin Too View Post
What's it mean to be bonded?
Certain professions (usually service/construction industries) require surety bonds. It's just another way a customer can get paid if your business royally screws up. Edit, to add more to it, if a customer uses your bond to make, say a $10k claim, you will owe the bond company $10k. The bond company just guarantees that someone will pay for the customer's losses.

Last edited by BrakeTurnAccelerate; Today at 06:17 PM.
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