by Brent Chambers | Oct 14, 2020 | Business Tips, General Blog
Odds are, when you began your construction company, you either took on the role of accountant, or hired a friend or family member to be your bookkeeper. You may have tried to run your financial operations solo for years, but now you see that you can no longer operate...
by Brent Chambers | Sep 28, 2020 | Financial Tips, General Blog
When unpaid invoices leave your construction company in a cash flow quandary, where do you turn to get the money you need to invest in your next project or pay off business expenses? For many contractors, the immediate answer is to seek out a bank loan. This is...
by Brent Chambers | May 19, 2020 | General Blog
How well do you know your customers and their creditworthiness? Have you really read your contract and understand all the terms and conditions? When you hear the word creditor you likely think of banks and credit card companies. But your firm is a creditor too. Unless...
by Brent Chambers | Apr 27, 2020 | General Blog
Is the coronavirus pandemic a valid reason to delay or postpone a job? Maybe or maybe not. The answers are in the terms and conditions (T&C) in your contract. One such T&C is the force majeure clause, French for superior force or in many circles, Act of God....
by Brent Chambers | Apr 6, 2020 | General Blog
Construction professionals are a strong group and most owners of construction companies have seen hard times. 2008, 2009 and many years that followed were tough years; some companies did not survive through the Great Recession. It seems nearly every aspect of...
by Brent Chambers | Mar 30, 2020 | General Blog
In the surreal economic experience that COVID-19 has forced upon the economy, we’re thinking of you, our fellow construction industry professionals. Companies are struggling to keep their employees, keep up health benefits, pay the rent and so much more. For sure,...
