Everyday people realize they could do a better job if they were their own boss; they’d be nicer, smarter, faster or more efficient, and have more integrity.  Why not break off and start a business of your own?  Well, there are lots of reasons: lack of skills, incentive, and capitol.  Regardless, if you are considering opening up a private practice such as accounting, investigations, catering, or one of the many services people require each day, starting one’s own business takes work and preparation. 

One fairly easy and cheap small business to start is a car dealership. Perhaps you've worked in the field, are a great salesperson, or you know and like cars.  You can find several schools that will provide training and licensing. You can find a lot or sell just one or two cars at a time from a home based business.  Perhaps you have access to unique cars, collectibles, classics, or economy vehicles for those looking for a deal.  Whatever, don’t forget you will need a DMV bond to legally sell cars, recreational vehicles, boats, trailers, or motorcycles, new or pre-owned. 

Don’t confuse a DMV surety bond, or a motor vehicles surety bond, with insurance; surety bonding is entirely separate. DMV auto dealers bonds don’t cover the dealer.  A surety bond acts to protect the consumer.  Dealers must perform in accordance with the laws adaptable to that business.   The DMV dealer bond protects the customers’ financial and legal interest. Should the dealer commit some sort of fraud, not pay DMV fees, or fail to pay a company he or she works with, an auto auction for example.   

DMV surety bonds are available through a qualified bonding agency.  California dealers are required to post a $50,000 bond.  Simply depositing this amount in a Certificate of Deposit Accounts is a financial mistake.  This ties up much needed cash, and the auto dealer bond will cost but a fraction of the actual bond amount.  As your credit and business grows premiums will decrease. 

Look to Surety 1, Surety Solutions Insurance Services, Inc. for any bonding needs.  Surety 1, a premier bonding company with an broadly experienced staff, provides fast, friendly service, can answer any questions, and help with poor credit.  Surety 1 has an online application process; approval can be made in 2 business days.  Follow the guidelines when opening your own dealership; do what you love, be your own boss.

At Surety Solutions you will find fast, friendly service, knowledgeable staff, and competitive rates for a DMV bond.  With qualifying credit, most DMV surety bonds, submitted using the secure online application, are issued within 2 business days.