Contractor Success Forum

[Ask a Bond Agent] Avoid These Bonding Pitfalls


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Struggling to get bonded? 🤔

In this episode, we tackle real-life case studies to help you navigate the construction bonding process. Wade and Stephen share expert insights on overcoming common pitfalls.

Listen now and level up your bonding game! 💪

🚨 Apply to beta test Wade's Profit First for Commercial Construction system (for FREE!)

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#ConstructionBonding #ContractorSuccess #BondingTips

Topics Wade and Stephen cover on this episode:

  • 00:35 - Importance of relationships with your bonding agent
  • 01:40 - Announcement: Get early access to Profit First for Commercial Construction
  • 04:52 - Seasonal revenue challenges
  • 07:09 - Equipment debt issues
  • 09:16 - Inconsistent profit margins
  • 11:12 - Taxes versus bonding
  • 14:17 - Family-owned business succession
  • 16:54 - Overdue taxes impact
  • 19:25 - Tax liens and payment plans

LINKS

Visit the episode page at https://carpentercpas.com/getbonded2 for more details and a transcript of the show.


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Wade Carpenter, CPA, CGMA | CarpenterCPAs.com
Stephen Brown, Bonding Expert | SuretyAnswers.com

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