Management

Construction Preliminary Notices: What They Mean For Your Bottom Line

What you don’t know about preliminary notices can hurt you. So ask yourself…what exactly do you know? If you’re like most in the construction industry, you’re probably confused about the lien and bond claim process, and particularly confused about notices.…

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Money

Mechanics Lien: How Great Companies Get Paid In The Construction Industry

Getting paid in the construction industry can be tough, just ask construction business coach George Hedley. In an interview with him this week on the Lien Blog, Hedley stated that “getting paid is a mystery on every project.” If getting…

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Money

Late Payment: Preparing Yourself for the Most Popular Excuses

“The check is in the mail”, right? This late payment excuse is so popular it has earned an entry in the Urban Dictionary and is pretty much synonymous with the frustration of customers lying about whether they’ve made payment. Through the…

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Money

Filing A Mechanics Lien: The Step-By-Step Guide To Getting Paid In The Construction Industry

Those in the construction or building supply industries can secure any of their accounts by filing a mechanics lien claim. As explored in our previous post “What Is A Mechanics Lien,” these lien instruments can virtually guarantee your company will…

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Money

What Is a Mechanics Lien and How It Can Help Your Construction Business Collect

The building materials supply and construction industries are some of the most financially vulnerable in the nation, owning high debt ratios, low margins and excessive failure rates. What can your company do to avoid bad debt and financial strain if in…

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