Fieldwire
AUGUST 14, 2023
Construction is one of the hardest industries to manage cash flow in, with contractors often facing large up-front costs and frequent, long delays between expenses and payment. Retainage can cause a cash flow burden for contractors, especially subs at the bottom of the payment chain.
Construction Law
MAY 2, 2024
News Our regular news round up includes a survey saying collaboration is on the rise; Network Rail promises a partnering approach in its new framework; and a warning that carbon reduction policy risks legal challenge. Legal terms explained Isabella Salame of Herbert Smith Freehills LLP explains what is meant by non-delegable duties.
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ProcurementExpress.com
JULY 15, 2019
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.
Pro Builder
NOVEMBER 18, 2022
Each community and asset in your portfolio requires diligence, legal paperwork, and closing documents. You also need to prepare key information about the assets that will be presented to bidders, who will then use that data to evaluate your business and populate their own cash flow and valuation models. Diligence and Closing.
ProcurementExpress.com
JULY 15, 2019
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.
Construction Business Owner
FEBRUARY 16, 2012
When you approach your chosen lender(s), be open about your financial situation, including any typically slow work and cash-flow periods. Many contractors negotiate payment due dates with their vendors to get themselves out of short-term cash binds. Other alternatives – Banks aren’t the only source of funding out there.
Construction Business Owner
DECEMBER 1, 2011
Tip #1: Negotiate Fuel Costs. Before you go down the negotiating path, be sure you know your overall consumption by gallons. Home Contact Us About Us Subscribe Advertise Legal Disclaimer Site Map -->. They shared these tips and tricks with me on fuel management. Hopefully you’ll find them as helpful as I did. February 2009.
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