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Managing Accounts Receivable in QB: QuickBooks for Contractors

Levelset

Slow payments are a chronic problem in the building industry, and payment delays can quickly escalate into cash flow problems. However, construction companies that deal with retainage will need to create an extra account to track it separately. Using QuickBooks to track lien rights on A/R.

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How to Get Paid on New Jersey Public Projects

Levelset

Protecting your payment rights on public works projects is crucial — contractors deal with payment issues on these projects just as much as on private ones. New Jersey bond claim laws & liens on contract funds. Similarly, every claimant must send a preliminary notice to file a lien on contract funds.

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The 12 Best Construction Podcasts of 2020

Construction Junkie

Former winners CONEXPO-CON/AGG Radio, The ConTechCrew, and The Lien Zone were back and all had strong showings in the voting round. Check out our full review of The Lien Zone by clicking or tapping here. #7: It was a very exciting competition this year, with a few records broken along the way.

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8 Ways for Contractors to Build Trust With a Homeowner

Levelset

Shady, fly-by-night contractors will promise customers the world — and they hide the fact that they can put a lien on the owner’s home. They’ll collect a few checks, perform shoddy work, and then file a lien when the customer doesn’t pay. It’s also important to educate your customer about mechanics liens. Be responsive.

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Place Your Vote for the Best Construction Podcast of 2020

Construction Junkie

Former winners CONEXPO-CON/AGG Radio, The ConTechCrew, and The Lien Zone are back, as well as a many other podcasts that are new to the competition. vote for the lien zone. The duo talk about a ton of interesting and relevant topics for construction managers, like managing clients, dealing with underperforming trades, and QA/QC.

Lien 116
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Construction Company Failure Root Causes

Contractor Bookkeeping

Cash flow issues kill contractors even though they have profit. Sales tax liens against contractors twenty two times higher than any other business. Sales tax liens against contractors twenty two times higher than any other business. Poor scheduling affects production and cash flow.

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7 Ways To Grow Your HVAC Business in 2022

Levelset

So read on to learn about strategies for cash flow, sales, finance, marketing, operations, staff, and leadership. Manage your cash flow as well as you handle air flow. An HVAC company that’s not managing cash flow is probably doing about as well as an AC unit that isn’t cooling.