Setting a Construction Sales Strategy & Networking to Generate Business Education Workshop, Thursday, October 24th, 1:00pm ASA Western PA is bringing back Tom Woodcock with Seal the Deal talks about the unique sales training and networking for the construction industry. Go to our website www.asawpa.org for registration information. Sponsorship available by contacting Executive Director Angela Wentz at asawpa@zoominternet.net Learn Tips for Reducing Employee Theft and Fraud with FASA Video-On-Demand The risk of employee theft and fraud in your company may be greater than you think — and it could prove costly. Learn anti-fraud strategies, how to assess your company’s risk, and prevention and detection techniques with the FASA video-on-demand “Reducing Employee Theft and Fraud” (Item #8042). Presenter Lamar Harner, CPA, CFE, HarnerEvans, PLC, Phoenix, Ariz., provides tips on how to protect your company and reduce the chance of becoming a victim of theft and fraud. He also explains how to develop a plan for a well-coordinated and timely investigation in case fraud is detected. Play this 75-minute on-demand video on your computer, or use it for group training by projecting it onto a screen or wall in your conference room! “Reducing Employee Theft and Fraud” is $65 for ASA members and $95 for nonmembers and is available through the FASA Contractors’ Knowledge Depot at www.contractorsknowledgedepot.com or by calling 1-888374-3133. Collection Strategies: Vital to Your Business What would happen if your customer failed to pay your company for work it performed or services it provided? Does your company have a collection strategy in place? “How do we protect ourselves in terms of collection strategies?” asks Scott Blakeley, who, with Brad Blakeley, presented the FASA video-on-demand, “Collection Strategies for Specialty Trade Contractors” (Item #8007). “We need to keep an eye on a customer’s insolvency or a customer’s filing bankruptcy.” In the video, the presenters, both of Blakeley & Blakeley LLP, Irvine, Calif., divulge valuable secrets behind successful collection strategies to make collection efforts easier and more effective, including demands for payment, stopping materials in transit, suspension of work, and more. A credit application, for example, can be used as a starting point to qualify customers. “In addition to qualifying customers, this can be a very effective way to protect ourselves in the event that the customer defaults,” says Scott Blakeley. He provides a checklist of what information should be included in the credit application, such as the applicant’s full firm name, trade names and other business names used to obtain credit. “The purpose for that, of course, is that in the event that we have a default and we are forced to move to collect on that account, we need to identify the full name of the debtor in terms of our collection efforts,” he says. Other information a subcontractor may want to learn about the customer may include: the number of years the applicant has been in operation; whether the applicant rents or owns its place of business; credit references; names of suppliers; credit card statements; bank references; current financial statements; and whether the applicant’s accounts receivable, inventory and/or equipment are encumbered by a lien or security interest. In addition to discussing bankruptcy and insolvency risk and contract terms and conditions, the presenters also take a look at credit enhancements, such as state laws, including lien and bond statutes, and federal laws, including the Miller Act, as well as payment enhancements. These include joint checks and credit card payments. Play this two-hour on-demand video on a computer, and use it for group training by projecting it onto a screen or wall in a conference room! Your purchase includes a hyperlink to view this streaming video whenever, and as many times, as you’d like! “Collection Strategies for Specialty Trade Contractors” is $65 for members and $95 for nonmembers and is available in the FASA Contractors’ Knowledge Depot at www.contractorsknowledgedepot.com. Learn the Real Risks of ‘Pay-If-Paid’ Clauses With Nov. 13 Webinar What does the “if” in pay-if-paid really mean and how big of an “if” is it? What are the real risks of signing contracts that contain “pay-if-paid” clauses? Get the answers to your questions about “pay-if-paid” and “pay-when-paid” with ASA’s Nov. 13 webinar, “The Big IF in Pay-if-Paid Clauses” (Item #WEB057). Don Gregory, Esq., Kegler, Brown, Hill & Ritter, Columbus, Ohio, will present this live, 90minute webinar at 12:00 p.m. Eastern Time The registration fee is $20 for program only and $30 for program and a boxed lunch from Panera Bread. The webinar will be projected onto a screen and listen to it on a speakerphone. After the program, registrants will receive a link to watch and listen to the recording of the webinar, and an ASA Certificate of Completion that can be downloaded and printed for each person who watched the webinar. Register for the webinar under “Register for an Event” on the ASA Web site at www.asawpa.org or call (724) 538-9220