How to build your bond program

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Building a bond program is not just about being able to go after bigger jobs. A partnership with a bonding company you trust provides valuable information on the jobs you're bidding and is an important piece of your strategic growth plan. This week, Stephen shares some useful advice for building your bond program.
Topics we cover in this episode include:

• Partnering with a great bonding agent is key
• Be proactive and honest with your bonding agent
• Listen to your bonding agent's perspective on potential jobs
• Year-end planning for your bond program
• Start getting financial statements before you need bonds
• Newer contractors can get bonds based on personal credit

LINKS
Visit the episode page at https://contractorsuccessforum.com/bondprogram for more details and a transcript of the show.
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Find all episodes and related links at ContractorSuccessForum.com.
Join the conversation on our LinkedIn page: https://www.linkedin.com/company/CarpenterCPAs
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Wade Carpenter, CPA, CGMA | CarpenterCPAs.com
Stephen Brown, Bonding Expert | SuretyAnswers.com

챕터

1. How to build your bond program (00:00:00)

2. Having a great bonding agent is key (00:00:58)

3. Be a partner with your bond agent (00:02:41)

4. Be proactive and honest with your bonding agent (00:04:45)

5. Listen to your bonding agent's perspective on potential jobs (00:06:09)

6. Year-end planning for your bond program (00:07:36)

7. Start working on financial satements before you need bonds (00:12:58)

8. Newer contractors can get bonded based on personal credit (00:13:53)