article thumbnail

What it means to be Bonded, Licensed, and Insured

Strategy Driven

Service companies and contractors usually mention that they are “bonded, licensed, and insured” when they advertise their services. When companies claim that they are bonded, licensed, and insured, it tells us that they are committed to giving their best and most valuable service to their customers.

article thumbnail

7 Tips To Keep Your Business Legally Compliant And Secured

Strategy Driven

The excise tax you may have to pay also depends on the kind of business you operate. Get Surety Bonds. Surety bonds are essential regulatory tools to keep your business legally compliant and secure. A surety bond is a three-party contract involving a principal, obligee, and surety company.

Bond 110
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Public Service Announcements

Strategy Driven

The earliest PSAs promoted the selling of war bonds and were shown in movie theatres during World War I and II. Non-profit organizations and the causes they promote are greatly served by enlightening the public. Public education is an important part of the charge for those organizations.

article thumbnail

Pay People to Avoid Risky Behavior

Harvard Business Review

Nobody wants to wind up like Jamie Dimon, head of JPMorgan Chase, whose cherished legacy has been pickled by what Dimon himself called "egregious mistakes" by an obscure group of bond traders at the firm. Others work in food manufacturing facilities while others operate an enormous trucking fleet. MORE ON MANAGING RISKY BEHAVIORS.

article thumbnail

Mentoring and Lifelong Learning

Strategy Driven

This is a bonded collaboration toward each other’s success. The mentor requests pro-active changes of mentee, evaluates realism of goals and offers truths about path to success and shortcomings of mentee’s approaches. The mentor stands for mentees throughout their careers and celebrates their successes.

Mentor 50
article thumbnail

Sustainability in Financial Services Is Not About Being Green

Harvard Business Review

The next time we hear about a bank or insurance company''s "green program" — like using energy efficient light bulbs or operating out of a LEED Platinum building — we''ll either scream or throw up. Yes, financial institutions should be environmentally responsible in their own operations. Don''t get us wrong.

article thumbnail

The Big Picture of Business – Community Relations and Cause Related Marketing Are Business Strategies, Not Sales Promotions: Determining the Right Kind of Tie-In Causes.

Strategy Driven

No business can operate without affecting or being affected by its communities. It is a bond of trust that, if violated, will haunt the business. The same community relations posture will not last forever. Use research and follow-up techniques to reassess the position, assure continuity and move in a forward motion. About the Author.