Construction Working Capital Management: What It Is and Why It Matters for Your Business
A $24M commercial GC owner walked into our second monthly Strategy Call with a question that catches most contractors off guard.
CONSTRUCTION FINANCE LIBRARY
Deep dives on profit, cash, backlog, and finance systems for single and family-owned construction companies.
A $24M commercial GC owner walked into our second monthly Strategy Call with a question that catches most contractors off guard.
We had a Monthly Strategy Call last fall with a $34M commercial GC. He was tracking backlog the way most owners do: one number, on a sticky note, updated whenever he remembered.
A civil contractor we work with had DSO sitting at 73 days when we started the engagement. He'd been running the business for 22 years and assumed that's just what construction loo...
Profit
A commercial GC client came to us at the end of his second quarter with what he thought was a working capital problem.
The owner of a $19M mechanical contractor brought us in last spring because his banker had asked him a question he couldn't answer.
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A Fractional CFO is the one seat in your construction business whose entire job is what happens next: cash, margins, bonding, and the decisions your bookkeeper, CPA, and controller...
More profitable contractors go out of business from cash flow problems than from bad work.
It's Thursday afternoon on a $4M commercial reno. The owner-side PM walks the job with the GC's superintendent and points to a wall.
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A $24M commercial GC owner walked into our second monthly Strategy Call with a question that catches most contractors off guard.
A civil contractor we work with had DSO sitting at 73 days when we started the engagement. He'd been running the business for 22 years and assumed that's just what construction loo...
A commercial GC client came to us at the end of his second quarter with what he thought was a working capital problem.
More profitable contractors go out of business from cash flow problems than from bad work.
The phone call goes like this. The owner of a $28M commercial GC has a job he wants to bid Thursday. Single project value, $8M.
It's Monday morning. The owner of a $24M civil contractor pulls up his bank balance on his phone. Looks healthy. Smiles. Heads into a 9am with his estimator.
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