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Why Cash Flow Analysis Is the Backbone of a Healthy Business
As a construction business owner, you’ve likely faced questions like, “Why does it feel like I’m always running out of cash despite...
Jan 214 min read
13


4 Common Financial Issues That Can Impact Bonding for Construction
Securing construction bonding  is a crucial step for contractors, especially in public works projects. But several financial issues can...
Sep 21, 20245 min read
97


8 Proven Strategies to Minimize Late Payments in Construction Projects
Ensuring timely payments in construction projects can be challenging. Late payments can hurt cash flow, slow down project progress, and...
Aug 12, 20244 min read
121

Accounts Receivable Turnover Ratio vs. DSO: Key Differences Explained
In the world of bookkeeping and accounting, understanding various financial metrics is crucial for maintaining the financial health of a...
Aug 5, 20244 min read
490

How High DSO Impacts Your Entire Construction Business
Running a construction business is no small feat. From managing projects and teams to navigating supply chains and client relationships,...
Apr 15, 20244 min read
100

4 Critical Construction Cash Flow Mistakes and How to Fix
In the busy construction sector, ensuring a steady cash flow is crucial for the project's vitality. Cash flow management can be...
Feb 28, 20243 min read
94

Essential Strategies for Construction Business Owner during Tax Season
Tax season can be a challenging time for construction business owners, but with the right strategies and careful planning, it can become...
Jan 4, 20244 min read
122

Understand Cash Flow Statement and Find Your Way Through Construction Finances
Are you curious about where your money goes in your construction business? Look no further than the cash flow statement. In this engaging...
Jun 14, 20234 min read
274

Cash Flow Woes? How the Accounts Receivable Aging Report Helps Contractors Get Paid on Time
Any business must managing and operating cash flow , but construction contractors must do so even more. With the often-lagging payment...
May 22, 20235 min read
52

20 Proven Strategies to Improve Cash Flow in the Construction Industry
One of the most common reasons contractors and subcontractors become insolvent is they run out of cash. In the construction industry, you...
Feb 18, 20224 min read
147

7 Common Cash Flow Problems and How to Manage Them
If you're in the construction industry, the importance of efficiently managing cash flow is likely a familiar topic. After all,...
Aug 23, 20204 min read
117

What is Cash Flow and Why is Cash Flow Important?
Managing cash flow has never been an easy job. For construction businesses, it’s even worse. It’s crucial that mid-size and small construct
Aug 18, 20205 min read
144
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