Cash Flow Myth 2 - Finance Manages Cash Flow

The reality is that by the time the finance team gets involved in a cash flow problem there are very few levers they can pull.

D. Brown Management Profile Picture
Share

And many of these levers have negative business consequences including the slow payment of suppliers or borrowing money.  

Cash Flow: Myth 2 - Finance People Manage Cash Flow

Furthermore neither of these options may even be available options.  

Most of what goes into a contractor having good cash flow falls is the responsibility of those selecting the right opportunities to pursue and operations.

Contractors with great cash flow are typically very integrated between getting work, doing work and keeping score.  They understand that sustainable growth only comes through balanced execution.  

How effectively are the functional areas of your business integrated?  

Are you happy with your scoreboard including cash flow?

How would your banker and surety rate your company’s cash flow as compared to your competition? 

Would your project team identify cash flow as one of their key objectives? 

Do they know all the tips, techniques and tools for improving cash flow? 

We are revamping our publicly available cash flow workshop that includes 18 techniques that contractors can use to accelerate cash flow. Stay informed of updates on release.


Cash Flow Myth 2 - Finance Manages Cash Flow
Great cash flow is a key driver of valuation and successful successions. Running out of cash is is the #1 reason contractors fail. Improving cash flow improves your Return on Equity. Protect yourself and never let cash flow be the limitation to your profitable growth....

Cash Flow Myth 2 - Finance Manages Cash Flow
Great cash flow is a key driver of valuation and successful successions. Running out of cash is is the #1 reason contractors fail. Improving cash flow improves your Return on Equity. Protect yourself and never let cash flow be the limitation to your profitable growth....

Definitions for The Business of Building
Building a project requires knowledge and skill in using thousands of construction specific definitions, acronyms, and metrics. Building a business including the development of people has its own vocabulary that forms the foundation of communication.
Ownership Transition - Key Seller Risks
Whether you are buying or selling a construction business, it is important to understand the perspectives of the other party. Each will tend to discount the risks of the other, impacting the ability to create the best deal.
Incentive Compensation for Contractors - Introduction
Every successful and profitably growing contractor we work with has a comprehensive and integrated set of incentive programs in place at all levels of the organization. These programs reinforce the daily actions and behaviors that make them successful.