“Cash flow is the lifeblood of every business.” There’s a lot of truth in that simple statement. However, some contractors don’t realize the importance of cash flow management until it’s all too late.

Collect payment on completion of the work. Accept credit and debit cards. Offer a discount for early payment. Require down payments on larger jobs. Negotiate payment terms with your suppliers.

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 ...

Under the One Big Beautiful Bill Act, decisions made before Dec. 31 can have long-term impacts on cash flow, project pricing ...

Eyeballing construction activity in and around Knoxville, particularly in homebuilding, can give the false impression that construction contractors are using dump trucks to haul the money they’re ...

A sensitivity analysis can help you put a plan in place for both positive and negative revenue movement in 2017. It’s hard to believe but it’s time to discuss and plan for another New Year. More ...

An association representing general contractors and other construction businesses in Minnesota is spearheading a legislative effort designed to make it easier for small businesses to participate in ...

Contractors will see improved cash flow following the finance ministry’s new rule that allows them to withdraw retention money against a bank guarantee upon project completion. project Choden of ...

TEMECULA, Calif., Aug. 24, 2023 /PRNewswire/ -- ProPricer, the premier cost proposal solution for government contractors and federal agencies, proudly introduces Cash Flow Pro, an innovative solutions ...