The bail bonding business first started in 1898. Now, there are bail bonding companies around the United States. Bail bonding companies offer bail bonds to the family of an accused criminal and requires a certain percentage of the bail amount set by the court to be given to them in cash. In Georgia, each county was allowed to set their own regulation on how to start a bonding company. Starting a bonding company in Georgia means you have to abide by the licensing specifications set by each county. Here is how to start a bonding company in Georgia:
How To Start A Bonding Company In Georgia: Make Contact
If you want to know how to start a bonding company in Georgia, the surest way to guarantee that you have the reliable information on how to set up the business is to contact First Stop Business Information Center which is the one that determines what licenses and permits should be obtained. They can also help you in contacting the state and county offices that you should contact in order to get the necessary licenses and permits. They can be contacted through the phone number (404) 656-2817, FAX (404) 656-0513.
How To Start A Bonding Company In Georgia: What you need to do
First off, you need to construct a business plan that includes your marketing strategy, your projected revenue and operating costs among others. Next is to know about the regulations of establishing a business in Georgia which you can know from the contact above. You have to register your business with Georgia Secretary of State and state the type of ownership your bonding company is. Another thing to accomplish to start a bonding company in Georgia is to register for the state taxes at the Georgia Department of Revenue.
How To Start A Bonding Company In Georgia: Requirements
You need to be at least 18 years old and have been a resident in Georgia before a year before you can register. Aside from the licenses and permits, you should also acquire and Employer Identification Number (EIN) from the Internal Revenue Service (IRS) by filling up a form at the IRS website. You should also prove that you are of good moral conduct and has no past criminal records.
These are the things you must accomplish in order to have a head start on how to start a bonding company in Georgia.