Use the Right Payment Schedule
By Michael StoneIf you want positive cash flow in your construction business, make sure you're using the right payment schedule on your contracts.
Watch Your Overhead
By Michael StoneIt's important to set goals for your business. It's also important to track, on a month by month basis, how close your actual finances are to those goals.
Cash Flow Needs
By Michael StoneIt’s important to know how much cash your business needs, and when, so you can plan ahead and have that cash available.
Employees and Cash Flow
By Michael StoneThree things can quickly cause cash flow problems in construction. The first is not charging enough for your work or service. The second is using a payment schedule that uses your funds, not theirs, to build jobs. The third is too many employees.