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5 Ways Construction Businesses Can Cut Costs & Improve Cash Flow in 2022

Construction Business Owner

Join us for a free webinar to learn how you can boost your bottom line by cutting costs, managing your expenses and improving your cash flow. But with inflation at a 40-year high, supply chain issues and a staffing shortage, it has never cost more to run a business than it does today. Do Not Sell My Personal Information.

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Webinar of the Week: 5 Ways Construction Businesses Can Cut Costs & Improve Cash Flow in 2022

Construction Business Owner

Join us for a free webinar to learn how you can boost your bottom line by cutting costs, managing your expenses and improving your cash flow. But with inflation at a 40-year high, supply chain issues and a staffing shortage, it has never cost more to run a business than it does today. Do Not Sell My Personal Information.

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Cash Flow Forecasting Solution

Carol Hagen

We all know that cash flow is the life blood of our business (whether you’re a contractor or a CPA firm). Can we create what-if scenarios that help us to understand the impact of changes in expenses, sales or receivables collection? Do you know how long your cash will last?

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Tips for Creating a Healthy Cash Flow

Best Practices Construction Law

Who couldn't use more cash during the holiday season? No matter the season, however, construction companies rely heavily on cash flow to fund their operations. Cash flow depends on so many variables, but there are a few that you can control. Tie bonuses or other incentives to effective cash flow management.

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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! What Makes Up Your Construction Company Cash Flow?

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Construction Company Cash Flows Are Easy To Understand

Contractor Bookkeeping

Construction Cash Flow Example. Starting Cash + Cash In - Cash Out] = Cash Flow. "If For anyone reading this who is not familiar with how cash flow works for a mid-size construction job, consider the following general example. Example Job 1001. Bid Price = $60,000. Learn more.

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What is Retainage in Construction?

Lets Build

Almost every construction professional faces the same problem – cash flow. Large upfront costs and long waiting periods between payments are a normal occurrence; retainage adds to this cash flow problem for contractors and project managers. However, even though retainage is commonplace, it’s not always used fairly.

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