Do you want to qualify an additional business with your Florida contractor license?
You've come to the right place! Florida Contractor Licensing LLC can help you use your license to qualify an additional business entity. Read below to see how we can help you qualify an additional business entity fast and efficiently!
How does it work?
We simplify the process of qualifying an additional entity by providing assistance from beginning to end. We'll provide the necessary forms required by the state, detailed instructions on what's needed to complete the qualification, and work with the state on your behalf to get your application approved.
The first step is obtaining your current license information. We pull that information directly from the state to ensure its accuracy. Then we'll collect information from you regarding the business entity you'd like to qualify including the financially responsible officer.
The next step is determining whether the license holder meets the financial responsibility requirements. If not, the license holder will need to post a surety bond to the state in the amount of $5,000-$20,000 depending on the license type. We can also assist with reducing the bond amount needed in certain cases.
The third step is ensuring all of the surety bond and insurance requirements are met. Florida Contractor Licensing LLC is not an insurance agency but can obtain quotes on your behalf. This includes the financial stability and financially responsible officer bonds and the mandatory general liability coverage if needed.
The final step is submitting your application to the state. Once your application is submitted, the licensed contractor qualifying the additional business entity will have to appear in front of the Construction Industry Licensing Board. The board meets monthly to either approve, delay, or reject applications to qualify additional business entities. Normal approval time is two weeks after meeting with the board.
How much does it cost?
We charge a one-time fee of $400 for each business entity qualified. Please note this fee does not include the applicable state and vendor fees (background check, etc.). However, this fee includes application preparation, processing, and the other services mentioned above. In many cases, this fee is charged directly to the business entity being qualified with an existing Florida contractor license.
As with most licensing activities, you can perform this service yourself. However, if you're qualifying an additional entity, that probably means you're already hard at work with your existing business. Whatever time you're spending on the qualification application is resulting in lost time for that business. Additionally, the board meets monthly so it's important that your application is completed timely and without mistakes to avoid a delay in qualifying an additional business entity. Isn't the cost of your time worth it?
Do you have customer service?
Absolutely! We strive on our ability to provide fast and effective customer service when you need it most. We realize you'll have questions about the process as that's the whole reason we're here. You can reach us anytime by emailing firstname.lastname@example.org for immediate assistance or by calling 3863162547.