If My Construction Business Is Making A Profit, Where Is The Cash?
Contractor Bookkeeping
APRIL 23, 2021
Some construction business owners find themselves in the difficult position of running a business that appears to be profitable but still having no money in the bank. It's a critical situation to address. After all, a lack of adequate cash flow is one of the leading causes of small construction business failure. Here are three reasons why profitable construction businesses have little money in the bank and what company owners can do to handle these tricky situations.
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