We are hitting the road….

We are out and about hitting the road to get your news and views on what’s going on in the construction industry.  The perfect place to start is with the Master Builders Association (MBA) NSW Trade Shows around Sydney.

Our first stop was last Wednesday at the MBA Trade Show in Roseville, held at the Roseville Golf club.  We got to meet a few of our our members face to face which was great and of course a few others found out about how they can protect their business’ and cash flow by getting their payments secured in advance using CheckVault.   To celebrate our first Trade Show appearance we upped the ante by giving away a lucky door prize of an iPad mini.

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I was talking to a friend…

I was talking to a friend the other night who mentioned that his previous boss, a residential builder, had stopped a job because he hadn’t been paid a few of his last invoices on one job.  He still managed to pay out his subbies and employees but had to write off close to $350,000 out of his own back pocket because of a client who asked for work to be done, agreed for the work to be done, had a contract for the work to be done, had the work done, then ……. couldn’t pay.

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