Secure Your Success: Understanding Bonding for Business Growth
Date and time
-
Location
Online
Organizer
North San Diego SBDC
centerinfo@miracosta.edu
Host organization
San Diego & Imperial Small Business Development Center
Type of event
Resource Partner event
Event description
In this hands-on workshop, we’ll demystify the world of bonding—a crucial tool for businesses looking to win construction, service, and public contracts. Bonding acts like an insurance policy, offering financial guarantees that your business will fulfill its obligations on a project. This workshop will guide you through why bonding is essential, the different types of bonds available, and how to navigate the application process with ease. Whether you’re in construction, janitorial services, or security, gaining a solid understanding of bonding can elevate your business’s credibility and marketability.
What to Expect:
- Why Bonding Matters: Understand how bonding offers financial protection, enhances your reputation, and is often required by law.
- Types of Bonds Explained: Learn about bid, performance, and payment bonds and when each is necessary.
- Bond Application Process: Discover the step-by-step process to apply for bonds, including key supporting documents to ensure success.