Posts by Go Bonds Editor

Whether you do not have enough permanent staff members for a job or need someone with a special skill, hiring subcontractors is a routine part of the contracting business. Outsourcing helps you expand the services you offer and increase your business capacity, but that’s not to say it comes without a cost.   Substandard work,…

You are doing a kitchen remodel and a materials shortage interrupts work, a common phenomenon in the age of the coronavirus. Though not in your control, your client pursues litigation against you for delays in their project. This client is someone you trust and have worked for before so, instead of a written contract, you…

Advertising for Arizona contractors — including radio, television, internet, and signage — got a lot simpler since Governor Ducey signed H.B. 2545 into law. Contractors previously needed to prominently display their Arizona Registrar of Contracts (AZROC) license number on “all broadcast, published, internet or billboard advertising, letterheads and other documents used by the licensee to…

While all licensed contractors in the state of Arizona have a bond, few know how their licensing bond actually works. You enter a few details online or over the phone, and, next thing you know, you have a bond  — bonds are elusive and often misunderstood. To break down the bonding process and answer some…

As a contractor, you are no stranger to danger. Not only do you work with hazardous equipment and machinery every day, but you also conduct your business at third-party locations alongside clients, vendors, subcontractors, etc. Risk is inherent to any business, especially construction and contracting. Given the costly nature of accidents — the way in…

Marketing Strategies for Small Businesses   Think of marketing as a first impression. Just as the clothes you wear implicitly express parts of your identity — sleek suits typically are associated with professionalism, canvas work jackets with construction, etc. — marketing conveys information about the personality of you and your business to the public. If…

Accidents are expensive and construction contracting has the second-highest bankruptcy rate of any private business — which makes sense considering all that can go wrong in a general contractor’s day-to-day business operations. As the one responsible for the company, and what employees and subcontractors do, you run the risk of catastrophic financial loss. Read on…

Required by the Arizona Registrar of Contractors (AZROC) as a part of obtaining a contractor’s license, a contractor license bond is a legally binding contract wherein you agree to follow a set of agreed rules or else clients can make a costly claim against you — which you are then legally obligated to pay. It…

Amid supply chain disruptions and shortages, the cost of tool and material theft is higher than ever. We are seeing not only an increase in the price of replacing tools, but also an uptick in construction site theft itself. If you haven’t already, now is the time to ask yourself  “how can I make my…