Single Post Template - Page 42 of 103

Protecting the Right to Payment 0
- Legally Speaking
- October 24, 2023
Ben Lowenthal, Hendrick, Phillips, Salzman & Siegel Contractually speaking, subcontractors generally assume the greatest risk and reap the smallest rewards of all participants in any given construction project. To survive and thrive, subcontractors must take all precautions to minimize or control these risks, which include unfair, one-sided contract clauses. Knowing and understanding payment-related contract clauses
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Small Business Guide: Financial Crisis Management for Subcontractors 0
- Cash Management, FINANCE, Risk Management
- October 24, 2023
By Patrick Hogan, handle.com Running a construction business is no small feat, and the challenges of operating in this industry are well-known. From financial fluctuations to regulatory hurdles, these challenges make subcontractors some of the toughest business people in any industry. For every issue, of course, there’s a long history of subcontractors learning lessons and
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5 Vital Tools for Cash Management in Your Construction Business 0
- Cash Management, FINANCE
- October 24, 2023
By Tonya Schulte, The Profit Constructors Maintaining a system that allows you to stay on top of how much money is coming in and how much is going out gives you the advantage many subcontractors miss. When you can see the flow of cash (as if you’re looking at the flow of a river), you
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Using BATNA to Supercharge More Profitable Negotiations 0
- Negotiation, Sales & Marketing
- October 24, 2023
By Dan Doyon, Maxim Consulting Group Personal and professional life are inextricably intertwined with negotiations. Negotiation skills are crucial for achieving positive outcomes in situations ranging from deciding where to dine with friends to brokering multimillion-dollar business deals. The concept of the Best Alternative to a Negotiated Agreement (BATNA) is one of the most effective
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Dates & Figures 0
- Dates & Figs
- October 24, 2023
From AGC: Construction employment rises by 11,000 jobs in September, but firms struggle to fill openings despite 5.5 percent increase in hourly pay. Read more. ### Construction Spending Data Read more: https://www.census.gov/construction/c30/pdf/release.pdf Read more: https://www.census.gov/construction/nrc/pdf/newresconst.pdf ### From Dodge Construction Network Enhanced Data Resilience Will Help the Design and Construction Industry Face the Risks That Impact
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Always Something Awesome 0
- Always Something Awesome, Leadership, Networking, Outlook & Trends
- October 24, 2023
ASA Leadership at Work Back in September, ASA leaders were involved in a trio of events held in Grand Rapids, MI. On September 20, members from across the country gathered to participate in the semi-annual Think Tank. The Think Tank committee is open to all members and meets twice per year to discuss important industry
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