Business

Three Mistakes That Lose Money and Slow Payment—And How to Avoid Them
Three mistakes that increase financial risk and kill construction company finances are not sending or requesting payment notice, overly complex paperwork and failure to communicate.
By Nate Budde
October 21, 2019
Topics
Business
by Nate Budde
Nate Budde is an author for The Lien and Credit Journal and works as the Chief Legal Officer at zlien. The leading nationwide mechanics lien service, zlien provides services to help contractors reduce their credit risk through the management of mechanics lien and bond claim compliance. He is a licensed attorney in Louisiana, a graduate of Stanford University (B.A.) and Tulane Law School (J.D.). Connect with him via LinkedIn and Google+.
Related stories
Business

Predicting in Unpredictable Times: What Construction Companies Should Anticipate Throughout the Rest of 2025
By Craig Tappel
The first half of 2025 has been volatile, and with another six months of uncertainty, here are the steps to take to ensure your construction company remains resilient.
Business

All But 4 States Had Construction Unemployment Rates Below 10% in March
By ABC
National construction unemployment rates are nothing if not consistent, holding steady at 5.4%, the same as this time last year.
Business

Construction Job Openings Decreased by 38,000 in March
By ABC
Industrywide labor hirings are visibly slowing, but so are industrywide quittings and firings.