I’m a recovering loser….I used to lose everything. Now I only lose some things. For those of you out there that don’t lose things, this post is not for you….unless you want to marvel at how us “losers” live. If you want to learn how I became a productivity hacker...
Check out our latest video on cash management in your construction business. We discuss the key points regarding accounts receivable and the easiest way to make sure it is collectible and current. Get our Top 10 Cash Management Tips here
Accounts receivable is a major part of business. And it’s not a topic that should just be limited to your accounting department; you need to have an understanding of what it is and how it affects the cash management cycle. So, what exactly is accounts receivable?...
Check out our recent video on Year-End and Tax Planning for Your Construction Business. Download our free checklist here.
Check out our recent video on Cash Management in Your Construction Business: The Cash Cycle We’ve had enough experience in the construction industry to know that one thing’s for sure: It’s not hard to find yourself in a cash crisis. Because no matter what time of the...
Cash flow is the lifeblood of the construction industry. But every project is different from start to finish, and contractors face many variables and cash flow challenges. With that said, there are several strategies to improve and increase cash flow throughout the...
Check out our recent video on Why We Do Job Scheduling and the importance to help you see your construction financial health. If you have any questions, please send us a message.
Scorecard ratios are one of our favorite things to talk about. Nerdy? Maybe. Important? Definitely! You might be wondering, why should we even bother with scorecards and ratios? It’s extra work for the company and can sometimes be confusing. The reason we like them...
Rather watch our video on the key points to establishing a successful relationship with your banker? Click here. Today we’re going to talk a little bit about one of the most important relationships any business owner has — the relationship with his or her banker. As a...
There are many variables involved in cash flow for a construction contractor. (In the previous blog post of this series, we analyzed some specific cash flow problems and how to address them in your business. You can read those two blogs here and here.) Now we want to...
In our previous blog post in this series, we briefly discussed the cash flow problems that construction contractors may face. (If you haven’t read that one, please click here.) Now, let's dive deeper and analyze each of these problems. Identifying which one of these...
Construction contractors can experience a variety of problems with cash flow, especially during the spring and early summer months. We are going to share a brief overview of the most common problems commercial contractors face in their business. Problem 1: Growth...
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