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Seven Things to Do When an Owner Doesn’t Pay

Constructonomics

Of course we fronted large amounts of money for labor and materials that we were now looking to finance because payment was not being made. Situations are very different among different types of organizations. All of these organizations have quirks and avenues toward payment that will work best.

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How to Get Paid on New Jersey Public Projects

Levelset

When payment problems come up, contractors on public projects can’t turn to the mechanics lien for the solution — both the federal and state governments prohibit private companies from gaining interest in public property. New Jersey bond claim laws & liens on contract funds. Preliminary notice requirements.

professionals

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Top 5 Challenges for Construction Project Managers

Fieldwire

Patrick is the CEO at Handle.com which builds software that helps contractors, subcontractors, and material suppliers secure their lien rights and get paid faster. Many project managers also sometimes face struggles ensuring consistent communication with the finance and sales departments due to scheduling.

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The Preconstruction Phase: Understanding the Process & Risks

Levelset

A preconstruction manager organizes and oversees the design phase of a project, before building commences. At this point in a project, the property owner or developer probably hasn’t secured financing for the project yet , so you are relying heavily on their individual creditworthiness to be able to pay. Learn more.

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A Cash Flow Guide for Architects

Levelset

If you don’t have enough cash available for your expenses, you may need to look at some short-term financing options. Successful businesses and organizations budget their expenses based on historic data and revenue projections. Financing activities include stock offerings and long-term debt.

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New Contractor Business Start Up

Contractor Bookkeeping

Use Credit Cards - And supplier accounts to finance your new business and be very careful about what you buy. Get Organized - Pick a company name that says something about what you are doing. This organization is good for all construction and related industries. You say O.K. This is getting extremely stressful.

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Unique Tips To Reduce Construction Company Start Up Stress

Contractor Bookkeeping

Use Credit Cards - And supplier accounts to finance your new business and be very careful about what you buy. Get Organized - Pick a company name that says something about what you are doing. This organization is good for all construction and related industries. You say O.K. This is getting extremely stressful.