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Tips For Working With Banks And Lenders In The Construction Industry

Contractor Bookkeeping

If your company is experiencing rapid growth, you might find yourself navigating a good news/bad news situation: while your sales figures climb, managing cash flow becomes increasingly complex, pushing you to seek additional financing to meet the rising demand.

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Improve Cash Flow Forecasting with Autodesk Construction Cloud

Autodesk Construction Cloud

For any business, having enough operational cash on hand is critical. Without being able to accurately forecast cash flow, making important decisions about the future of your firm or projects is a risky venture at best. Cash Flow Forecasting with Autodesk Construction Cloud. Project Level Cash Flow Analysis.

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Claritas Group heading for liquidation

Construction Enquirer

Kent based contractor Claritas Group is heading for liquidation after being sunk by cash-flow and inflationary pressures. CEO and founder Jon Wardle confirmed the news in a statement while thanking staff and suppliers for the impact of the failure. “To our supply chain who supported us to the end.

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Transforming Construction Payments: Autodesk's Strategic Move with Payapps Acquisition 

Autodesk Construction Cloud

Despite this, both general contractors and subcontractors struggle with the complexities of the payment process and face significant cash flow obstacles. Time and time again, I hear about contractors’ frustrations and struggles with late payments and cash flow and how it negatively impacts their businesses.

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Kier whittles net debt down to £230m

Construction Enquirer

In a year-end trading statement, Kier said it had also managed to keep the order book above £10bn, with 85% of next year’s forecast revenue already secured. 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

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J Tomlinson going into administration

Construction Enquirer

“JTL have a number of divisons across Facilities Management, Regeneration, Refurbishment, Engineering Services, and Care. “JTL have a number of divisons across Facilities Management, Regeneration, Refurbishment, Engineering Services, and Care. Nottingham based contractor J Tomlinson is heading for administration.

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Construction Business Owner Blogs

Construction Business Owner

MANAGEMENT |. General Management. People Management. Equipment Management. Industry News. Data Security in the Cloud » Collaborating on Cash flow. Bad or outdated information is probably one of the biggest reasons cash flow issues occur. STRATEGY |. ACCOUNTING |. SOFTWARE |.

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