Every Friday, we select a few articles from the week that we think are worth your time as a construction financial manager (CFM). We look for compelling articles not only about financial topics, but about business, technology, and life, that challenges you to think about your role as a CFM in different ways. We’d love to hear from you about how we’re doing, and to have you join our community by subscribing to receive this weekly post by email. Follow #CFMReview.
Do You Work In One of the Top 10 Cities for Contractors?
Thumbtack Journal, who writes about everything from the buggiest cities in America to filing your taxes, compiled a list of the 10 best cities for contractors. Thumbtack notes that contractors have more negative views of local government than most other professionals, given the high number of legal codes they must follow to get work done.
But let’s stay positive! Thumbtack polled 3,578 different contractors from around the country to see which cities were most beloved by their local contractors.
Encouraging Financial Accountability from the Top
From Deltek Axium
Aligning goals among different teams is a challenge. The project manager has one job to do, the laborer another, and the finance executive or credit manager another. In theory, each person’s goals should support one another, and support the company’s goals. But in practice, one department’s progress might create obstacles for somebody else.
Deltek Axium, makers of accounting and project management software for architects and engineers (A&E), want you to know “How to Create a Culture of Project Financial Accountability” in your business. They’re hosting a webinar to help you make the numbers a priority throughout your business.
The Silence of Your Lien Rights: A Lien Horror Story
Read the third installment of Levelset‘s Mechanics Lien Horror Story series, presented by resident lien expert Madeline Fortino. This week’s story solves the a mystery set off by a message from a county recorder:
“This mechanics lien cannot be recorded in this county because the property in question is tribal.”
Read the full story here, and get excited about the fourth and final post, coming out next week, just in time for HallowLien!