How Using the Payment Application Tool Communicates Clearly with Construction Customers

Solution Building

Jun 20 2023 | 00:06:40

00:00 / 00:06:40

Episode 39 • June 20, 2023 • 00:06:40

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Show Notes

Learning about business tools isn’t necessarily fun, but it is necessary for business success. I found that out the hard way! Last week we went through the process of getting started with a blank Payment Application and getting it filled out so that it is ready for the customer’s first payment. Now let’s look at preparing the Payment Application for recurring progress payments so that our customers know exactly what they are paying for with each invoice we hand them.

Episode Transcript

Learning About Business Tools Isn’t Necessarily Fun, but it is Necessary for Business Success I know that the topic of the Payment Application over the past couple of weeks hasn’t been one of the most exciting topics. Learning about any tool, how it works, and how to use it isn’t one of those things that scores high on our “fun meter”. This is true for most men. Just think about Christmas time and how most of us guys just want to dive in and put that new toy together without bothering with the instructions. We don’t need any stinking instructions! This, “get ‘er done” attitude gets amped up even more for those of us in construction. Afterall…building things is what we do. However, you know as well as I do that, more times than not, this doesn’t turn out so well. That’s why years ago as I struggled trying to put my business together, I decided I needed to read the instructions. The problem was…I couldn’t find the tools or the instructions. So that’s why I decided to make my own Business BUILDing Tools, complete with instructions.

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Show Notes

Episode Transcript

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