Late payments and slow cash flow have plagued the construction industry for so long that most of us think of it as the norm. And it’s only getting worse - according to one recent report, 82% of ...
In construction, revenue doesn’t always mean liquidity. Projects may look profitable on paper, but when payments lag, costs spike, or delays hit, cash can dry up fast. Without steady cash flow, even ...
It’s no secret that owning, operating, and building a construction business can be more difficult to achieve compared to other industries. While accurate tracking of cash flow, inventory, and gross ...
On a typical electrical construction project, a project management team's success is measured on gross profit. Cash flow concerns are left to the controller, CFO, or sometimes even the owner. What's ...
A company that consistently operates at a loss and suffers from negative cash flow is doomed to fail. The solution is to generate positive cash flow every month which will allow employees to be paid ...
A small business has cash flowing in and out of its business for various reasons. A small-business construction company reports these cash inflows and outflows during an accounting period on its cash ...
Grassi Advisors & Accountants has been providing accounting and consulting services to the construction industry for more than 40 years. The Commercial Observer Partner Insights team spoke with Grassi ...
Will Kenton is an expert on the economy and investing laws and regulations. He previously held senior editorial roles at Investopedia and Kapitall Wire and holds a MA in Economics from The New School ...