fbpx

Blog

A Constant Stream of Helpful Content on Getting Paid in Construction

The Definitive Guide to Construction Lien Waivers

The Definitive Guide to Construction Lien Waivers

April 10, 2019

If you’re doing business in construction, chances are you’ve encountered lien waivers being sent and requested. It’s a document that’s widely-used and often mandatory in many construction projects. And yet, there’s a lot of confusion on how to create and use them, how they work, and the reasons why they are needed. Overlooking lien waivers […]

Read more
Cash Flow Management in Construction: Issues and Solutions

Cash Flow Management in Construction: Issues and Solutions

March 8, 2019

A construction company’s cash flow reflects its overall business state. In many cases, negative cash flow pushes a company not only into financial trouble but into its demise.

Read more
The Miller Act: How to Handle Payment Issues as a Federal Subcontractor

The Miller Act: How to Handle Payment Issues as a Federal Subcontractor

February 13, 2019

Participating in a project as a federal subcontractor can be very lucrative — but as in any construction contract, you need to thoroughly understand your rights as well as the rules and requirements, especially those that concern your ability to collect and receive timely and complete payments. If you have extensive experience in private contracting, […]

Read more
Disputes & Deadlines: What You Need to Know About California Prompt Payment Laws

Disputes & Deadlines: What You Need to Know About California Prompt Payment Laws

January 31, 2019

Contractors are hired by clients for their specific specialties. It can be their ability to put together and run a whole construction project as with general contractors, or it could be for their reputation in more specific areas like plumbing and roofing. But far too often, contractors are forced to play a major part in […]

Read more
Understanding Accounts Receivable Challenges in Construction

Understanding Accounts Receivable Challenges in Construction

January 15, 2019

Accounts receivable management is a key cog in the construction industry machine. It’s crucial to understand the challenges in construction AR to be in the best poisition to secure payments on time and in full. How much of your revenue do you write off each year? According to a payment practice study in 2016, businesses […]

Read more
Protect Your Lien Rights: 15 Questions on the California Preliminary 20-Day Notice

Protect Your Lien Rights: 15 Questions on the California Preliminary 20-Day Notice

January 11, 2019

Protecting your right to file a mechanics lien starts with the Preliminary Notice. Filing mechanics liens on delinquent client accounts is part and parcel of a contractor’s Getting Paid Toolbox. As much as we would like for vetting and pre-screening clients to keep late payments at bay, there are so many factors that come into […]

Read more
California Construction Contractor’s Guide to Getting Paid Faster

California Construction Contractor’s Guide to Getting Paid Faster

January 8, 2019

Getting paid — on time and in full — is vital to running a successful construction business. In your work as a contractor, invoices settled in full and on time pay for materials, services, labor, and subcontractors used to satisfy the contract. Equally important is the fact that timely payments give the liquidity to continue […]

Read more