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How To Handle Construction Client Debt So You Get Paid On Time

Contractor Bookkeeping

Ideally, you want to reduce the chance of bad debts and pressure on your construction company's cash flow. When negotiating contracts with clients, try to set payment terms that help your cash flow, such as deposits or progress payments.

Debt 99
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A Cash Flow Guide for Architects

Levelset

Running an architectural firm is a bit different than other companies in the construction industry. However, like any other business, you need to maintain positive cash flow or you may find yourself unable to pay your workers and other expenses. Cash flow basics. Cash flow projections.

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How To Manage Your Construction Firm's Cash Flow During Crisis

Contractor Bookkeeping

Dealing with unexpected cash-flow difficulties, even if you're working hard to avoid shortfalls, is hugely distracting. If you're starting a construction business, it could simply be taking longer than expected to turn a profit in these trying times. Pay attention to your Key Performance Indicators.

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Kier whittles net debt down to £230m

Construction Enquirer

Kier has whittled down its average month-end net debt to £230m after a better than expected cash performance at its construction division. He added that Kier had generated better positive operating cash flow for the year and would now report a net cash position of around £60m at the year-end, higher than the £2.9m

Debt 47
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Types of Capital for Construction Businesses

Levelset

Construction companies need capital to get off the ground, stay in business, and keep growing. The term capital is used across industries to represent all of a company’s financial assets, including cash, inventory, equipment, and more. Construction companies need a solid understanding of capital to run a successful business. .

Debt 97
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The Number One Thing You Need To Know About Your Construction Business

Contractor Bookkeeping

When you own a small construction business, it's vital you understand how money flows into and out of it. At a deeper level, knowing how money moves through your business can help you make strategic decisions about growth, invoicing, and debt management. That's why you need to understand cash flow.

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Claritas Group went down owing £7m to supply chain

Construction Enquirer

The Kent based contractor confirmed earlier this month that it was heading for liquidation following cash flow and inflationary pressures. A statement of affairs seen by the Enquirer ahead of the company being wound-up details debt levels across the business. Details show trade creditors owed £2.7m