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Top 3 Tips for Improving Cash Flow as a Construction Contractor

ProcurementExpress.com

Construction companies face more cash flow challenges than just about any other industry. This allows you to maximize cash flow without having to pay for additional software (well, unless you’re mailing out paper invoices and waiting for checks to come in). Speed Up Receivables. Use Financing to Provide a Cushion.

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Top 3 Tips for Improving Cash Flow as a Construction Contractor

ProcurementExpress.com

Construction companies face more cash flow challenges than just about any other industry. This allows you to maximize cash flow without having to pay for additional software (well, unless you’re mailing out paper invoices and waiting for checks to come in). Speed Up Receivables. Use Financing to Provide a Cushion.

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How to Start an Electrical Business: 9 Tips for Growth

Levelset

Industry research shows that the US electrical industry has more than 1 million employees working for 200,000 businesses — and annual revenue exceeding $200 billion. Establishing a business legally is a straightforward process, and creating a plan for growth is exciting. Keep the cash flowing like current on a hot line.

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How to Start a Painting Business: 9 Keys to Growth & Success

Levelset

Industry research reveals that the US painting industry includes over 255,000 businesses with total annual revenues exceeding $35 billion. Establishing a business legally is a straightforward process, and creating a plan for growth is exciting. Keep the cash flowing as smoothly as your paint.

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How to Start a Plumbing Business: 9 Tips for Growth

Levelset

If you’re looking to start a plumbing business, it’s the perfect time to get with the flow. Industry research shows that the US plumbing industry includes over 130,00 businesses (and more than 500,000 employees) with total annual revenues exceeding $130 billion. Keep the cash flowing through your financial pipes.

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How to Start a Roofing Business: 9 Tips to Grow & Thrive

Levelset

Industry research notes that the US roofing industry consists of more than 80,000 businesses employing 250,000 people — and annual industry revenues exceed $50 billion. Establishing a business legally is a straightforward process, and creating a plan for growth is exciting. Keep the cash flowing like water down a valley.

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Construction Business Owner Blogs

Construction Business Owner

Industry News. Industry Statistics. Bank lines of credit are lifelines for many contractors, yet convincing a bank to provide or renegotiate a line of credit is not easy. Building your case beforehand can certainly help and makes you look better in the eyes of the bank. Banks are attracted to profitable business.

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