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Unique Tips For Managing Cash Flow In Your Contracting Company

Contractor Bookkeeping

Cash flow is the lifeblood of any construction company and especially the ones with annual sales volume under $1,000,000. Some construction Company experts even say that a healthy cash flow is more important than your contracting company''s ability to complete projects! Is Cash Flow The Same As Profit?

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Three Unique Marginal Costs Grow Construction Profitability

Contractor Bookkeeping

Then develop a project plan to eliminate them, one at a time. #3 3 Excess Inventory - Empty your trucks and vans, clean out the dirt and grim and when you restock see how much you can leave out. This one thing can have a massive impact on cash flow and profits. Click Here For More. Visit [link] to learn more.

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Unique Bookkeeper Errors Reduce Contractor Profits

Contractor Bookkeeping

Excessive Accounts Were setup to track individual inventory items like lumber, nails, paint, pipe, roofing material, dirt, bark etcetera. The ripple effect, like throwing a stone in a pool of water impacts the area around it, caused massive cash-flow headaches. Click Here For More. Visit [link] to learn more.