Money

Non-Payment and Risk-Shifting in the Construction Sector

Getting paid can be hard for any business, but getting paid in the construction industry is especially difficult. Learning how to implement a strong receivables management program is crucial when it comes to getting paid, and getting paid on time.…

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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

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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