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Understand Cash Flow Statement and Find Your Way Through Construction Finances
Are you wondering how much cash flows in and out of your construction business? The cash flow statement is your essential financial tool...
Jun 14, 20234 min read
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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
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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
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7 Common Cash Flow Problems and How to Manage Them
If you're in the construction industry, understanding how to solve cash flow problems is essential for maintaining a healthy business...
Aug 23, 20204 min read
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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
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Construction Accounting Basis - What are Accounts Payable?
As a contractor, your focus must extend beyond the job site to securing your financial foundation. While managing crews and projects is essential, mastering Accounts Payable (AP)  is the unsung hero of cash flow and profitability. For a construction firm, AP is not a simple liability; it's the core system for tracking Cost of Goods Sold  and managing legal compliance. Failing to properly manage this area from correctly allocating costs to handling complex lien waivers and ret
May 31, 20203 min read
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