Levelset
MARCH 21, 2022
To cover these expenses, restoration contractors need to manage their cash flow to ensure they have enough money in the bank — especially when the insurance company is dragging their feet. Poor cash flow management is the number one reason why construction businesses fail. Plan out your cash flow.
Autodesk Construction Cloud
AUGUST 11, 2021
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. Connecting Cost & Time.
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Construction Enquirer
JULY 19, 2023
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
Levelset
FEBRUARY 3, 2023
Managing cash flow in the construction industry is difficult in any economy, but during a recession, specialty contractors face even more financial challenges than usual. At Levelset, we understand the construction industry and the importance of cash flow security for specialty contractors.
Levelset
JULY 28, 2022
While labor shortages may seem like a people problem, they’re a cash flow issue too. For companies to offer competitive salaries and maintain payroll, they must have enough cash flow to pay overhead costs and employees. Hiring the right people is critical to running a business successfully.
Autodesk Construction Cloud
FEBRUARY 1, 2024
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.
Levelset
JULY 25, 2022
Construction companies need to know the differences between the three types of capital and why each one is useful for managing and growing a business. Because payment for construction jobs may be weeks or months after work is already completed, companies must manage their finances carefully to maintain cash reserves for taking on new jobs.
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