Education is an asset that continues throughout your life. It doesn’t end after high school or college. Even in the workplace, your ability to learn is highly valuable.

In construction, the mechanic’s lien is an important legal instrument protecting laborers and suppliers. Without it, contractors and subcontractors lose legal protection, resulting in significant losses. From the labyrinth of statutory requirements to the pitfalls of strict deadlines, we’ll explore why Texas stands out as one of the most challenging states in the nation for lien filings.

NACM’s March Credit Managers’ Index (CMI) improved to its highest reading since 2023 with a jump of 2.5 points. Why it matters: Now sitting at 54.9, the Survey indicates some relief for the business economy. “The CMI seems to be picking up some steam, with a second month of improvement and a breakout of the tight band in which it had been for eight months,” said NACM Economist Amy Crews Cutts, Ph.D., CBE.

At NACM, we pride ourselves on the professional advancement of our members. By providing them with opportunities to learn, grow and succeed, our members can not only improve but add value to the B2B credit profession—which is why NACM established its’ six-level Professional Certification Program, allowing credit professionals to widen their credit knowledge and skills, significantly improving their performance at the workplace.

Earning designations are not limited to those who are new to the industry. Whether advancing your career, expanding your knowledge on basic information or learning new skills, NACM’s Professional Certification Program helps credit professionals with career growth.

Expanding your business internationally can enhance reach, access new markets and boost profits. However, it also presents challenges like language barriers and unfamiliar legal systems. Despite these risks, the benefits make international business expansion appealing for growth-seeking organizations.

A lien waiver is a legal document that relinquishes a party’s right to claim a lien on a property or asset. It is commonly used in construction projects, where subcontractors or suppliers may have a right to place a lien on the property to secure payment for their services or materials. By signing a lien waiver, these parties agree to waive their right to file a lien against the property in exchange for payment or other consideration.

Audits are designed to ensure all financial reports are knowledge-based, factual and follow regulatory guidelines. The auditing process is important as it presents credibility to a set of financial statements—giving both shareholders and the company confidence in the fairness of all accounts. It can also help to improve a company’s internal controls and systems as a resource to better processes and find efficiencies in them.