Tag: CFMA
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Challenges of Subcontractor Expansion And Where Mechanics Lien Law Fits In
We’re at the CFMA 2012 Annual Conference in Orlando, Florida, and there was a great session yesterday titled “The ‘Gotchas’ of Subcontractor Expansion.” This was a great presentation by Lisa Autino of Corbin Electric, Kevin Burnett of the Sundt Companies, and Marjorie Weber of Irontree Construction. Any discussion of subcontractor expansion is very relevant in…
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Maximize Profits By Using Lien Laws To Reduce Your Bad Debt
We’re here at the CFMA 2012 Annual Conference in Orlando, Florida, and one of the exhibitors is Construction Executive Magazine (@ConstructionMag). I picked up the May 2012 issue and came across an article titled Benchmarking Overlooked Profits, which preaches that “need to view their ability to capture profits from multiple perspectives.” This article is about…
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Bad Debt Is Very, Very Expensive For Your Business
What is the true cost of bad debt? In reviewing the CFMA’s (Construction Financial Management Association) LinkedIn Group, I came across this comment: The 2011 CFMA financial survey has gross margins for non-residential contractors at 7.5%. Our jobs are bidding at 3% fees, how does everyone get their gross margins up to 7.5%? The question…
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Zlien will be Exhibitors at the CFMA 2012 Annual Conference & Exhibition
In less than a week, zlien will be attending the Construction Financial Management Association’s 2012 Annual Conference & Exhibition! CFMA is the only non-profit professional association focused on serving the unique educational and networking needs of today’s construction financial professionals, and zlien cannot be more thrilled about attending this year’s conference! We look forward to…