Cash Flow Tip 18 - Making Cash Flow a Game

Imagine creating a culture where everyone ran into work with the same energy that fans and players run into a sporting event.

D. Brown Management Profile Picture
Share

There are several key things that must be watched on a contractor’s business scoreboard, including cash flow.

Cash Flow: Tip 18 Making Cash Flow a Game - Having Fun Getting Paid

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....

Teams and Readiness for Growth and/or Succession
Whether you are focused on growing profitably or preparing for an ownership transition, the strength of your team and organizational structure is a major factor.
Collections and Retention Trend Metric
Assuming that a contractor’s project team has done an effective job of aggressively billing the project, the biggest variable that remains for cash flow is the effectiveness of collections.
Positioning for the Best Talent
Contractors are in an all out war for talent. The winners will be those contractors that master recruiting, retaining and development at both the craft and leadership levels.