September Awesome News to Share
September Happenings…and Happy Soon Labor Day!
A Webinar on Liens and Lesson Learned by Jeff Bright & Katy Landis of Saxon & Stump, LLC, Maryland Hispanic Chamber of Commerce’s key events in September & October, and ways to celebrate Hispanic Heritage Month upcoming in September, and more from M&T Bank.
Company News
Announcement!
AHCC and MDHCC officially signed a Memorandum of Understanding to solidify support of each other’s members and organizations on August 3rd at The Center Club of Baltimore. We are excited about this opportunity. AHCC Members will receive MDHCC membership for FREE. YAY!!
Don’t forget to sign up for the MDHCC Business Conference that takes place on September 23 at College Park Marriott Hotel & Conference Center. To register go to www.mdhbc.org or contract Maria Pillar Rodriguez via mdhispbc@gmail.com & cell: 240-246-0129. Karen will be speaking on suety bonding at the conference.
And, please sign up for their Scholarship Golf Event on Monday, October 10, 2022 at Woodland Golf Course in Windsor Mill, MD. Registration is at 8:00 am.
AHCC supports Party For A Cure, a Maryland non-profit that helps families and their members who suffer from neuro-muscular diseases. Party For A Cure is having their annual gala on September 10th at the Center Club of Baltimore. To purchase tickets,
Since 2008, PFAC has raised $1.4 million. Denise Koch, Emmy Award winner and anchor for WJZ TV, is the emcee again this year. This event is heavily supported by the construction industry. PFAC just completed a 630 sq. ft, addition to the Eggers’ family home in Cecil County. Thanks to the many contractors who donated time and materials. PFAC contributed over $60,000 for the construction costs. PFAC has a volunteer-based board. Please come and support the cause and bid on our auction items! We have discounted room rates at The Lord Baltimore Hotel. Live music by NERVE, gourmet food, open bar, and top level networking – come join us!
7 Ways to Increase Your Valuation by Highlighting Goodwill
Martin Zwilling | Inc. | 3 Min Read
Many entrepreneurs and business owners forget to highlight goodwill factors in quantifying their valuation– don’t be one of them.
When it’s time to sell your company or get new investors, valuation is the key parameter to success or disappointment.
The first step is to quantify the value of assets and current financial performance, but many entrepreneurs want to go further by adding additional value for “intangibles,” commonly called goodwill. The challenge is how to highlight these to your advantage.
In my experience as an angel investor to startups, goodwill disagreements are perhaps the most common reason that you will fail to close interested investors as an entrepreneur. The same goes for business deals that fail during acquisitions or when it is time for you to retire.
Here is my list of key goodwill elements that investors consider, and how you can optimize them in your favor:
Meet M&T Bank
Chuck Martin – cpmartin@mtb.com
Detra Miller – dmackey@mtb.com
Gideon Gaines – gagaines@mtb.com
Robret Duru – rduru@mtb.com
Rosa Scharf – rscharf1@mtb.com
Save the Date – September 7
Our Upcoming Webinar
Join Jeff and Katy for our upcoming webinar on September 7th @ 11:30 via Zoom.
It’s FREE.
Mechanics’ lien and bond claims are two significant methods for contractors and subcontractors to pursue payment on a project. Join attorneys from Saxton & Stump LLC for a discussion of:
- Deadlines and requirements for filing lien & bond claims in the Mid-Atlantic region
- Practical advice for handling slow pay on projects, and
- Tips on troubleshooting.
Presenters:
Jeffrey C. Bright, Esq. is a shareholder in the construction law group at Saxton & Stump LLC. He advises clients on construction contracts and risk allocation; project delivery; and project disputes, claims, and litigation. He has litigated, negotiated, and arbitrated claims for public project delays, disruption, lost productivity, liquidated damages, change orders, differing site conditions, bond claims, construction defect claims, and breach of contract. Jeff has also prepared front end contract documents for public and private projects and frequently advises contractors, construction managers, subcontractors, owners, and design professionals on negotiations and redlining of construction contracts. He is an active member of several construction trade industry groups and is a frequent speaker and author on construction law topics. He is licensed in Pennsylvania, Maryland, and California.
Katy S. Landis, Esq., is a member Saxton & Stump’s construction law group as well as the commercial litigation group. Katy routinely drafts, reviews, and revises construction contracts for owners, contractors, and subcontractors. She also assists clients with project disputes, such as payment issues and alleged defective/non-conforming work. As part of her commercial litigation practice, Katy represents corporate entities in matters ranging from premises liability to industrial accidents causing personal injury or death. She is licensed in Pennsylvania and Maryland.
for this one-of-a-kind opportunity to learn how to protect your cash flow.
September is Hispanic Heritage Month. Learn meaningful ways you can celebrate with the entire family with this article from the Boys and Girls Club of America: 6 Ways to Celebrate Hispanic & Latino Heritage Month.
Our Team
We Love What We Do
Our team is always a phone call or email away.
www.ahcc-midatlantic.org
Ana Pina – Ana@ahcc-midatlantic.org
Office: 410-876-9610 or Cell: 443-789-3063