Does Your Company Have a Wage and Welfare Bond?

As of 2018, more than 14 million American workers belonged to unions, representing 10.5% of the total workforce. If your company employs workers who belong to a union, it’s important for you to have an active union wage and welfare bond. To help you understand why this bond exists and what it means for your company, read the complete rundown below:

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What Does it Take to Open a Used Car Dealership?

Used car dealerships are everywhere for a good reason – they’re a smart business venture. Compared to a new car dealership, it takes a lot less time, money, and resources to set up an enterprise selling used cars. Better yet, the used car market is more robust. Consider that over 39 million used cars were sold in 2017, up 1.8% from the year before, compared to new-car sales which declined 2% that same year to peak at 17.1 million. Savvy sales professionals have a hot commodity in used cars, but that doesn’t mean opening up a dealership is ever easy.

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Industry News: New Jersey Appraisal Management Company Bond Now Required

The New Jersey Legislature passed a law requiring appraisal management companies (AMCs) to register with the Real Estate Appraiser Board. As part of the registration requirements, appraisers must obtain a special type of surety bond called a New Jersey Appraisal Management Company Bond. Learn what this bond is, why it’s required, and how you can keep your business fully compliant with the new law.

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5 Tips on Running a Successful Car Dealership in Alaska

Opening a car dealership in “The Last Frontier” isn’t easy. First, you need to obtain an Alaska auto dealer bond and meet the other requirements for a state license, like filing a Motor Vehicle Dealer License application and staying up to date on your license renewal times. Then you need to find commercial space, build up a vehicle inventory, and set up your business basics. You’ve already invested a lot of time and money before you ever sell a car, so you want your new venture to flourish as soon as possible. Follow these tips to maximize your success. Continue reading “5 Tips on Running a Successful Car Dealership in Alaska”

Want to Become a New Jersey Mortgage Broker?

Mortgage brokers have a bright job outlook. According to the Bureau of Labor Statistics, demand for loan officers (a category that includes mortgage brokers) will grow by 11% between 2016 and 2026, which is higher than the national average growth for all jobs. Even better, the number of jobs available in parts of New Jersey and the local median wage are both higher than in many other parts of the country. You must do everything from obtaining mortgage broker bonds to completing training and testing to work legally as a mortgage broker. In this post, we will show you what the work involves and what the state requires. Becoming a mortgage broker promises to be a satisfying and sustainable career path, but it’s not an overnight process. Continue reading “Want to Become a New Jersey Mortgage Broker?”

How to Get an Indiana Dealer License

Research from the University of Michigan Transportation Research Institute done in 2017 shows that Americans own more cars and drive more miles than they have in over a decade. That’s great news for anyone thinking of opening an Indiana auto dealership because it means demand is especially strong right now. However, entering this booming industry takes more than an enticing vehicle inventory and a flair for sales. You also need to obtain an Indiana motor vehicle dealer license if you expect to sell at least 12 vehicles within a 12-month period. Failure to get a license could subject you to fines, jail time, and being permanently barred from auto sales, so this needs to be your top priority. Satisfy all the state requirements to get your business off the ground by following the steps outlined below: Continue reading “How to Get an Indiana Dealer License”

Want a Thriving Construction Business in Florida? Focus on these Four Tips

The Florida construction industry is positively booming right now. In 2016 it was the fastest-growing major industry in the state, expanding almost 6% over the previous year compared to the 3% growth experienced by all industries averaged together. It also contributed close to $20 billion to the Florida economy in 2015, in the form of salaries and wages. Factor in the year-long warm weather and the abundant building space and it’s obvious why so many construction businesses flourish in Florida. Continue reading “Want a Thriving Construction Business in Florida? Focus on these Four Tips”

Consumer Insight Into Buying a Car in Idaho

Buying a car inspires equal amounts of excitement and anxiety. You’re eager to find something fun and functional, but at the same time, you’re worried about buying a lemon or paying too much. Those feelings are normal, especially if this is your first time purchasing a vehicle or upgrading to a brand-new car. Fortunately, you don’t need to be an experienced expert to shop for your next vehicle like a pro. Use these insights to have the best experience possible: Continue reading “Consumer Insight Into Buying a Car in Idaho”