Cash Flow Tip 14 - Aggressive Billings and Pre-Wiring the Process

A basic Schedule-of-Values (SOV) with flat billings and normal collection processes with yield about a 30% return on capital over the first 12 months of a project when looking at it from a cash basis.

D. Brown Management Profile Picture
Share

This is in the average-high range for contractors depending on type.  

Cash Flow: Tip 14 Aggressive Billings - Pre-Wiring for Success

Our focus is helping contractors achieve performance in the upper-end of their peers including cash flow. Look at the differences aggressive management of every aspect of billings can make:

We are revamping our publicly available cash flow workshop that includes these 18 tactics 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....

Production Tracking - Troubleshooting Problems
Implementing production tracking without a program to ensure effective troubleshooting of the problems will be minimally effective. Look at this in two major stages.
Retirement Onboarding - Communicating Family Succession Plans
How do you effectively communicate family succession plans? With transparency in your communications, properly preparing someone for leadership, and identifying potential skill gaps and behavior problems.
Lean Principle - Stop if Necessary
All construction projects will run into some degree of problems. It is how the project team chooses to manage these problems that ultimately determines the outcome of the project.