Tag: Cash Flow
-
Construction Factoring: How Invoice Factoring Works in Construction
Factoring construction invoices can help infuse cash into a business, but through construction factoring, a subcontractor misses out on some profit.
-
Construction Companies Have a Cash Flow Problem, and Everyone (Even Employees) Is Paying the Price
If you’re the owner of a construction company, cash flow problems likely aren’t anything new to you. According to a recent survey conducted by TSheets and zlien, 1 in 5 construction companies says cash flow is a constant problem. As a result, these companies sometimes have a tough time making payroll, investing in future growth,…
-
Five Financial Questions Construction Contractors Need to Answer Before Building
If you start a project without dealing with these issues, you may find yourself having trouble getting paid. Though the paperwork and tasks involved may seem as though they’re taking you away from working on the project, those same tasks help protect your bottom line if a customer is hesitant to pay. By having all…
-
How Much Cash Does a Subcontractor Need to Start a New Job?
Here’s what’s really going on in the scenario above: the real reason why the subcontractor in the example above needs so much cash to keep that project going, the lights on, and his people paid is because of how long it takes for his customer to pay their bills! Or in other words, the faster…
-
Cash Flow in the Construction Industry — Take a Cash Flow Survey
In order for us to better understand — or really, to help you understand — the cash flow challenges faced by you and your peers in the industry, we’ve teamed up with our friends at TSheets to share their short survey with you. [TSheets is a mobile time-tracking app by Quickbooks, and zlien is proud…