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Alternative Options in Protecting Lien Rights: In-House vs. Outsourcing

You have two choices when it comes to serving lien and payment notices as an owner of a construction company. You can choose to complete the process in-house or manually, or you can outsource the work. They're very different options, though, so it's important to understand how they compare.
Outsourcing the notice process can be incredibly beneficial for your company. Regulations differ from state to state, and the notice process is very technical. While it's possible to complete these tasks in-house or manually, it can be difficult. These are the most important things to consider if you're thinking about taking care of your notice process manually. Each of these has its own set of advantages and disadvantages, and weighing your options is critical for your notices to be effective. Just one notice would be the difference between hundreds of thousands of dollars or nothing at all.

The Size of Your Company Matters

This is a very important factor when it comes to your notices and invoice process. There is a considerable amount of research that goes into serving regulatory notices. If you have a small to mid‐sized company, completing the task in-house could be quite difficult.
Most construction companies are small to medium-sized. If your company is a huge commercial outfit, it may be possible to complete all the work for your notices in-house. It takes a staff dedicated solely to notices, liens, and invoicing for the process to be completed efficiently
It would require a large amount of multi-tasking for a regular employee to take care of notices and their job as well. If this work falls on a full-time employee, consider the amount of time that will be taken away from their normal job description.

Knowledge of Notices and Liens

When you choose to complete the notice and lien process manually, it could be difficult to complete it properly. Even with a substantial amount of studying, finishing the process can be extremely difficult because of the technical details.
When you are a company owner, it's important to save money whenever you can. However, some things are better outsourced and should be considered a wise investment.
If you choose to outsource, you know you're receiving the services of a knowledgeable expert in the field of notices and liens. You are guaranteed that the proper paperwork is filed, and no hiccups will take place.

How Cost-Efficient is Outsourcing?

The cost of outsourcing your liens and notices is minimal when compared to what could happen if the process isn't completed properly. You could stand to lose the payment of an entire project and the ability for the lien to stand up in court if one mistake is made.
Although you do pay a certain amount upfront to outsource the completion of notices and liens, consider how your bottom line could be affected if it's not done properly. All it takes is one minor mistake on the paperwork or notice to be filed incorrectly to severely affect your bottom line.

Utilize Nationwide Notice to Protect Your Lien Rights

Outsourcing your notices and liens is one of those tasks. It's important to save money, but it's also important to make smart decisions regarding the security and credit of your company. Working with Nationwide Notice will give you extra peace of mind in your construction projects. We strive to work with your contractors and subcontractors, no matter the size of the construction company, to ensure payment by utilizing existing lien laws as leverage to make sure you get your receivables. The experienced staff at Nationwide Notice, Inc. is here to assist you in protecting your lien rights and aiding you with your receivables by tracking and submitting your state's required legal documents. Check out this page to see how we are different, or check out our homepage here.

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