Notary
Verbiage Change
Well,
the verbiage hasn't changed but something else
in the code has... And a big thank you to Megan
of Bogart Construction Inc. in Irvine California
for bringing this to our attention!
It
used to be acceptable for the verbiage on a Certificate
of Notary to be "substantially similar" to the
language used in the code but it's not okay anymore...
Now
the wording on a Certificate of Notary is required
to follow verbatim the text in the code.
I
have several forms I need to change this on but
because I want to get the correct text out to everyone
as quick as possible I made a stand-alone Certificate
of Notary form that can be used with any document.
If
you've purchased any of my forms that have provision
for notary please
send an email to diane@thecontractorsgroup.com telling
me whether you need Word or pdf and if it's for
Windows or Mac and I'll send you the stand-alone
Certificate of Notary
document
at no charge.
Then
once
I get the individual forms updated I'll announce
their availability. :)
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Keeping
Track of Inventory
Lee
from USshipsupply.com contacted
us asking for suggestions on products to help with
inventory. We figured who better to ask than
our readers! :)
Here's
the question:
We
are a construction services company in rapid expansion.
We have materials and equipment
which must be provided for each project. We have
a warehouse where the more common items are purchased,
held and "pulled", and shipped according
to timing and needs. We also have materials and
equipment
which are returned following completion of a
given project. The management of this is becoming
more
and more difficult for lack of a coordinated
and disciplined system. We are looking for the
most
easy to implement system we can find that will
integrate with QuickBooks. Have you any suggestions
for
set-up and management? Thanking you for your
time and consideration.
So
how about it my wonderful readers? Tell
us what system you use and what you love and hate
about that system. I'll
send the info to Lee as well as publish it
in a future issue of this newsletter. :)
Thank
you very much! :)
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Factor
Your Receivables
It's
nice to be able to look at your receivables and add
up all that money that your customers owe you. But
what if your cash on hand is short and the money your
customers owe you isn't actually due yet?
Factor
your receivables! Factoring is a process of converting
your accounts
receivables
into cash in your bank account. It's quickly becoming
one of the most preferred ways of providing immediate
cash
to
your business. You
invoice your customer and then you 'sell' that invoice
to an investment company called a 'Factor'.
The
Factor immediately pays you cash and then collects
payment from your customer when the invoice(s) you
sold to the Factor comes due.
With
factoring you ALWAYS retain complete control and ownership
of your business and you get the cash you
need.
It
used to be that factoring was not available to construction
contractors but that's not the case any longer, at
least for commercial contractors (non-residential).
Commercial
contractors please click here to read more:
http://www.informedcontractors.com/construction-invoice-factoring.html
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Levy • von
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