Cash flow in construction is… well, probably the most important aspect of a construction company. It is also one of the most challenging things to handle in the day-to-day operations of a business. In this article, we will explore the challenges construction companies face, as well as provide 4 ways to increase cash flow quickly in your construction business. Let's jump in! The Challenge of Cash Flow in Construction In the unique industry of construction, cash flow is one of the biggest hurdles companies face when building a business. Here are 3 of the main challenges construction companies face regarding cash flow: 1. Payment is often based on completion milestones. Construction projects...

read more