Construction Marketing
JULY 21, 2016
Whether just starting out or operating for years, there are many legal obligations and issues that confront a small business owner. The Small Business Legal guide from Legal Services Link provides information on the top ten areas business owners need to address to ensure their businesses are legally protected.
Construction Marketing
FEBRUARY 11, 2021
9) Legality and Taxes. 10) Business bank account and credit card. A separate bank account will make management easier, and it will help protect your personal assets. You can also hire a lawyer to help you out with other legal requirements such as service agreements. There are various business structures. Corporation .
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Construction Business Owner
JULY 10, 2017
Membership in CFMA is represented by all types of general contractors, specialty trades and construction managers, with a large number of professionals in the accounting, insurance, surety, software, legal and banking industries.
Construction Business Owner
FEBRUARY 16, 2012
Bank lines of credit are lifelines for many contractors, yet convincing a bank to provide or renegotiate a line of credit is not easy. Building your case beforehand can certainly help and makes you look better in the eyes of the bank. Crunch the numbers – Banks like proactive business owners. Projected future earnings.
HardHatChat
SEPTEMBER 24, 2009
The financial and legal headaches notwithstanding, you’ve also probably missed your opening date because those sub contractors walked off the job when they didn’t get paid. So your general contractor’s financial problems are costing you time and money. A Dun & Bradstreet report is MANDATORY. Check at least three references.
Construction Business Owner
JUNE 1, 2022
The contractor’s focus should be on the impact the lease standard will have on the company, specifically bank and surety considerations, and the specific attributes such as embedded leases, related party leases, consolidation (when there is a variable interest entity), and how to apply the standard to these situations.
Wolgast Corporation
NOVEMBER 28, 2022
On top of that, that they expect you, the owner, to guarantee to the Bank and the Title Company that the project will be lien-free during construction. These types of requests are common place in today’s world when an owner finances the construction of a building.
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