Research professor Thomas Schleifer has published a string of op-ed articles at ENR.com warning those in the construction industry about the financial perils and risks associated with a rebounding economy. In turn, we’ve highlighted these articles…Read More
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Joint check agreements are encountered nearly every day by credit managers in the construction and building supply industries. These documents are wildly popular, but they’re also wildly unpredictable and the potential source for costly mistakes.
Over the…Read More
This past Wednesday, Nate & I co-hosted a very successful Webinar: The Joint Check Agreement Mistakes That Can Cost You Thousands. It was very successful, and we had a great discussion…Read More
Running a successful business can be full of complications, but your company’s bottom line really boils down to doing two things well: (1) Acquiring clients; and (2) Getting paid for what you do. It’s that simple.
Joint Check Agreements can be a great tool for your credit department, but because of its complications, it can also be the cause of serious problems. Our recent blog series on joint check agreements…Read More
This fall, we focused a lot of attention on joint checks, authoring a series of blog posts that discussed a range of joint check issues. Through the years of consulting with companies about payment rights, I’ve learned…Read More
Our three week long Joint Check Agreement Blog Series is drawing to a close. This post pulls together everything we’ve discussed to create an agreement form that is free to view, download and use. Of course, everything we…Read More
Bankruptcy is a significant credit and collections challenge in the construction industry. We all fear it. A customer filing for bankruptcy protection translates into attorney fees, payment delay and non-collectable debts. How do credit departments prepare…Read More