Remove Banking Remove Compensation Remove Insurance Remove Liability
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What Is a Certificate of Insurance (COI) for Contractors — and When Do You Need One?

Levelset

To help your business remain viable, contractor’s insurance should be a crucial part of your financial strategy. Insurance also puts other parties’ minds at ease when they want to hire you as a specialty contractor. A certificate of insurance (COI) is a valid form used to prove that you carry the appropriate insurance policy.

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4 Tips for Hiring a Reputable Plumbing Contractor

Construction Marketing

The benefit of banking on such referrals is that their skills and experience have already passed the test of time. Consider Insurance and License. Besides that, if they are insured, you can be sure they will not become a liability in case they suffer an injury in the process of doing their job. Price and Warranty.

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Highly Profitable Contractors Control Who Receives Company Information

Contractor Bookkeeping

The primary keeper of all the documents is you, your spouse, your employees, your suppliers, your bank, your credit card company. Worker’s Compensation Provider. General Liability Insurance Provider. General Liability Insurance Provider. Who wants details about your business? Internal Revenue Service.

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15 Tips For Starting Your Own Roof and Guttering Business

Construction Marketing

Insurance, liability, and workers’ compensation . Other costs: Insurance, taxes, advertising, vehicle maintenance, dumpster fees, and petrol. Limited liability company (LLC) . 10) Business bank account and credit card. 10) Business bank account and credit card. 13) Business insurance.

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Unique Tips To Reduce Construction Company Start Up Stress

Contractor Bookkeeping

Go To Your Bank - And they offer you a line of credit. Bank Accounts - Set up two bank accounts in your company name. The second bank account is for your debit card you keep in your wallet and has no more than $500 or whatever you need for small purchases during the week. It is a must have to borrow money from a bank.

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New Contractor Business Start Up

Contractor Bookkeeping

Go To Your Bank - And they offer you a line of credit. Bank Accounts - Set up two bank accounts in your company name. The second bank account is for your debit card you keep in your wallet and has no more than $500 or whatever you need for small purchases during the week. It is a must have to borrow money from a bank.

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When Being A Licensed Contractor Is Just Not Enough!

Contractor Bookkeeping

When you hire 1099 contractors you need to know that their state contractor’s license, bond and insurance are active. During audits states agencies are now looking to check about the bond and insurance. Did you send your liability insurance payment in late? When a being a licensed contractor is just not enough!