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
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
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....

Leadership Team Communication
Open and frequent communication does not automatically build great projects or construction companies.
What is Lean
Labor productivity in the construction industry impacts all contractors and project owners and has become even more challenging with the craft labor shortage.
GRIT - Building an Internal Drive
Great leaders build an incredible degree of cohesion, skill and sheer determination in their teams. What is critically difficult is striking that balance between helping and helping too much.