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Watch out for lien subordination
Lien waivers are important in construction payment. The parties in control of the money want the project to proceed free of lien claims, for several reasons. Mechanics liens can potentially force double payment, cloud the property title, and negatively impact bonding capacity...
In these days of uncertainty, nobody can predict whether, when, or to what extent “business as usual” will return. As a client of mine remarked, “Even when science suggests that it’s ‘safe’ to open businesses, how do we know whether...
Chad Hatfield and James Hammel of Alair Homes don't allow allowances on any of their projects. Here are their five reasons why: Allowances create risk. Always. Allowances are land mines. They will always blow up in your face. Allowances hurt relationships with your...
If your business has unhealthy cash flow, you constantly need to delay payments—antagonizing your subs and suppliers—and you typically end up paying interest on cash (by drawing on your line of credit or, far worse, your credit card). On the other hand,...
Never before in the history of the enormous home improvement and remodeling industries have owners of retail businesses seen circumstances similar to what they confront today. Whatever the size of your business—small start-up, multi-million dollar giant, or a...
What separates the good companies from the exceptional ones? For Mark Richardson, it’s not so much as the company’s designated leader, but the leadership team itself. No matter the size of the company,...
Universal Design Applied to the Bathroom and Kitchen LAST CALL - September 24th at 12 pm Central Time REGISTER HERE This course reviews both ADA and universal design guidelines and discusses compelling reasons for recommending universal design in your kitchen and bathroom...
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