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Owning a janitorial company is an excellent way to provide a steady stream of income. However, to ensure your venture is fruitful, you need to take necessary precautions against potential financial or legal issues. That’s why you should invest in a janitorial service bond. This will provide you with the protection needed to guard against losses. The following guide outlines what kinds of benefits you’ll enjoy when you take this step.

Why Should Janitorial Service Owners Invest in Bonds?

1. Provide Reassurance

If you have a janitorial service bond, you’ll be protected financially against the liabilities that are sometimes unavoidable in your line of work. For example, if one of your employees is working on-site without supervision, and they’re wrongfully accused of stealing funds or property, your janitorial service bond will kick in to cover the expenses associated with the claim.

This may include reimbursement for the lost property or attorney fees. This will provide peace of mind in an already stressful situation, so you can focus your efforts on other areas in your business.

2. Protect Your Bottom Line

janitorial service bondSome owners might avoid investing in a janitorial service bond because they worry it will negatively impact their bottom line. However, the cost of covering expenses associated with accidents could be far costlier.

Also, the investment isn’t as expensive as you might think. For example, if you only have up to five employees, you’ll likely only have to pay around $150 a year for coverage.

3. Increase Trust

Taking the precaution to invest in a janitorial service bond proves to your customers that you take your business and their relationships seriously. It shows a proactive attitude that will make them feel comfortable continuing to do business with you.

 

If you’re interested in investing in a janitorial service bond, turn to the professionals at Bob Shropshire Bail Bonds in Cincinnati, OH. They’re proud to offer 24/7 services and a wide range of bond and insurance options. Call (513) 721-3915 to discuss your needs with a team member, and visit them online to learn more about their services.

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