There’s not much point in building things if a project owner(s) cannot meet his obligations! If you’re working for government or public entities, this usually isn’t a worry. Private owners and developers – especially if the economy softens over time – can present a different set of circumstances. How does a contractor protect his interests?

This week in Digging Deeper, John Woodcock shares strategies you can use to assure prompt payment. The most important tip: Don’t be afraid to raise this issue! DOWNLOAD FBI’S new WHITE PAPER here

What are your best practices for assuring contractual payments? Please share with us in the comments below.

The Dallas class of The Contractor Business Boot Camp is fast approaching. If you haven’t yet signed up your high-potential NextGen leaders to this leadership development course, do it today! Dallas doesn’t work for you? We’ve got you covered. We are offering Boot Camp classes in three additional cities in 2023: Denver, Toronto, and Raleigh. Contact Charlotte at ckopp@familybusinessinstitute.com to learn more.