Month: September 2022
  • Is it better to buy, rent, or lease construction equipment?

    If you operate a construction company, you must choose whether to buy, lease, or rent the machinery you require for client projects. Sometimes the solution will be crystal clear. Less so in others. Your own excavator d... Read More
  • How Do Surety Bonds Work?

    A surety bond is a legal agreement between three parties—the obligee (the organization that needs the bond), the principle (you, the contractor), and the surety—in which the latter provides a financial assurance to the... Read More
  • What you should know about bonds and licenses for general contractors

    Each state has its own regulations for general contractors in terms of the license, insurance, and bonds. For some positions in the construction business, having the proper insurance and bonding may be necessary to kee... Read More
  • Ladder Safety in Construction

    An estimated 65% of workers in the construction sector perform daily tasks on scaffolding or ladders. Approximately 15% of all construction accident fatalities and at least 20,000 injuries per year are caused by falls ... Read More
  • What is Legal Liability?

    Every company owner is aware of the nation's obsession with liability litigation. In the last 10 years, the number of lawsuits filed against small firms has risen. Nobody wants to accept accountability for their own ac... Read More