Are you a subscriber but don’t have an online account?

Register for full online access.

 
 
 
 

More stories about Compensation

  • Remodeling's Deadliest Sins

    Nine common business mistakes and how to avoid them.

  • Project photography-who pays, owns and can use it-is a contentious issue.

    Project photography-who pays for it, who ultimately owns it, and who can use it-is a contentious issue. Few lighting designers can afford the fees, and hence are dependent on the architecture firms for photos, which often means a project is not well represented from the lighting perspective. The...

  • Business

    No more free estimates; credit cards vs. debit cards

  • Improve Your Cash Flow

    Many contractors complain bitterly about their lack of cash flow. That's no surprise, given that employees, subs, and vendors all expect to be paid — whether or not the customer has paid the company.

  • Protect Your Lien Rights

    Consider this scenario: During the course of a project, the homeowner pays the contractor, but the contractor doesn't pay his subs or material suppliers. One of the subs or suppliers then files a construction lien on the property. The homeowner, of course, goes crazy. He has already paid, he says...

  • Business

    Prepare your company for the end of the year; get paid faster with credit cards

  • Pricing Handyman Work

    It may surprise you to find out that you're not in business to exercise your skill as a craftsman, to get a sense of pride from a job well-done, or to enjoy a sense of freedom by being your own boss. As good as those benefits are, they're by-products, not the purpose itself.

  • In the News

    Insurer wins Katrina case; Rhode Island toughens registration rules; Wisconsin limits impact fees; building costs rise; more

  • Keep Your License Current

    The California Supreme Court recently made a decision that I personally disagree with. Does the court care what I think? I'm sure it doesn't. Do you care? Well, you should — even if you're in another state — because if you don't keep your license current, you could face the same problem as the...

  • Personal Guaranty of Business Debt

    Most credit applications contain a personal guaranty. In this one, it's clearly spelled out in item No. 4, but in some cases it's buried in a longer document and written in language that makes it hard for the applicant to understand just what he's agreeing to.