Not a New Idea, but A New Trend – Employee Stock Ownership Plans
- Documentation
- February 27, 2024
By Patrick Hogan, handle.com With Q4 upon us and the following year just around the corner, keeping a close eye on how credit is extended and managed will be vital to setting up for success. Subcontractors must stay on top of their credit management practices to protect cash flow and keep things running smoothly. At
READ MOREBy Zulq Malik, SmartBuild Keeping all those documents in line is crucial for keeping things running smoothly in the business world, especially in the construction industry. With so many drawings, RFIs, contracts, compliance records and reports flying around, it’s essential to have a solid system in place, one that is an easy to adopt, centralized,
READ MOREBy Claire Wilson, SiteLine Picture this: You’ve just completed a major project—the work is done, the site is clear, and now it’s time to collect your final payment. However, this isn’t accomplished with just a simple handshake and a check. This final step is more like a high-stakes dance of documents, deadlines, and details that
READ MOREBy Patrick Hogan, handle.com Effective document management is critical for the success of construction projects. Construction companies can streamline operations, enhance communication, ensure safety, and boost overall efficiency by implementing a document management strategy—whether centralized or as an organized repository with different access controls. Here are five key areas where better document management makes a
READ MORECreating and implementing a formal transition plan helps to ensure the selling party’s goals and objectives are properly documented and addressed. Without a formal plan, the chances for a successful transition could be greatly reduced. But as important as it is to design a meticulous plan, it’s also important to choose which kind of sale to pursue. A new trend that is being evaluated as part of an exit strategy is an Employee Stock Ownership Plan, commonly known as an ESOP.
READ MORE