Wednesday, August 20, 2008

House Cleaning Bond

What is a bond and do I need it?

This is one question which confuses most business owners. Most of the general public is confused about what a bond is and when it is useful, so they think most business owners should have one.

A bond protects your house cleaning company against employee theft. If you have no employees, you do not need a bond.

Since many homeowners do not know this, you will have to explain this over and over. This is why many elect to purchase it as a marketing tool and a way to just make it easier to say "yes, I have a bond" rather than explain why you do not.

You can purchase a bond through most insurance companies.