Author: Olivia Huppman
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Construction Financial Manager Review: July 29, 2016
SUBSCRIBE This week’s Construction Financial Manager Review focuses on construction technology. We try to provide you with major headlines and interesting insights to keep you on the cusp of industry news. We hope you enjoy this week’s review and would love to get your feedback. Happy weekend, Scott Wolfe zlien CEO What We’re Reading Key Articles from Across the Web This Week Constructech’s…
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What is a Partial Release of Lien?
What is a Partial Release of Lien? A partial release of lien reduces the amount claimed to be owed with regard to a recorded mechanics lien. Typical lien releases cancel a mechanics lien claim entirely, whereas partial lien releases only apply to a portion of the amount originally claimed to be owed. Is a Partial…
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Why Credit Management in the Construction Industry Is Unique
The construction industry brings unique challenges to contractors and subcontractors when it comes to credit management. Extending credit on large-scale construction projects can be risky, as projects require a large upfront investment of both labor and materials, and because projects can span years with payments made in installments. Of course, extending credit and exposing oneself…
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Construction Financial Manager Review: July 22, 2016
SUBSCRIBE | SHARE This week’s Construction Financial Manager Review focuses on construction how construction industry professionals can improve business processes by motivating employees and increasing accountability. It also touches on programs in place to help train a new generation of construction workers, which is especially important in the light of recent labor shortages. We try to…
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How Subcontractors Can Grow Business by Minimizing Risk
Small subcontracting firms looking to grow a business may be afraid to take on larger, higher-paying jobs for a few reasons. These jobs typically require a larger cash outlay, and the contracting firm often gets paid incrementally through installments over weeks or months. This can wreak havoc on cash flow — and then there’s the greater…