90% of senior decision-makers say they have passed on a profitable construction project because of cash flow timing, including 43% who say they have done so multiple times. 100% say cash flow ...
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 ...
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 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 ...
In the construction industry, it’s easy to get caught up by seven-figure contracts and impressive profit margins. But while revenue and profitability are important, they can mask an underlying threat ...
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 ...
Cash plays a critical role in the successful operation of your business. Your company uses cash to meet its financial obligations and pay its bills. You use a cash flow statement to track the inflows ...
Le Quoc Binh, CEO of Ho Chi Minh City Infrastructure Investment JSC (HoSE: CII), likened the company to a marathon runner that cannot keep running nonstop and at times must stop for “water,” recover ...