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Monthly vs Annual Financial: Why Construction Companies Need Both
One missed payment. One unexpected material cost spike. One delayed project can send a construction company into a financial crisis. In an industry where profit margins average just 5-10% and cash flow issues cause 82% of business failures, financial oversight is the difference between thriving and closing your doors. Here's the problem: Reviewing financials only once a year means flying blind for 11 months. But monthly reviews alone miss critical strategic trends. The solut
4 days ago5 min read


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 cash flow and ensuring long-term success. Cash flow is the lifeblood of your business. It represents the net cash flow, or the movement of cash coming in and going out during your business operations. Positive cash flow means more money is flowing in than out, while negative cash flow signals cash flow issues that can threaten your company's fi
Aug 23, 20204 min read
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