On a typical electrical construction project, a project management team's success is measured on gross profit. Cash flow concerns are left to the controller, CFO, or sometimes even the owner. What's ...
Late payments and slow cash flow have plagued the construction industry for so long that most of us think of it as the norm. And it’s only getting worse - according to one recent report, 82% of ...
In construction, revenue doesn’t always mean liquidity. Projects may look profitable on paper, but when payments lag, costs spike, or delays hit, cash can dry up fast. Without steady cash flow, even ...
Grassi Advisors & Accountants has been providing accounting and consulting services to the construction industry for more than 40 years. The Commercial Observer Partner Insights team spoke with Grassi ...
Relying on project-based payments means that income could be unpredictable, with cash coming in at different times depending on project progress. Delays in payments or unexpected costs can easily ...
A company that consistently operates at a loss and suffers from negative cash flow is doomed to fail. The solution is to generate positive cash flow every month which will allow employees to be paid ...
Eyeballing construction activity in and around Knoxville, particularly in homebuilding, can give the false impression that construction contractors are using dump trucks to haul the money they’re ...
Recently the Sunday Edition of the Washington Post had the following headline, "Region's Builders Rein in Visions- With Real Estate Downturn Projects Scaled Back, Scrapped." Lenders are tightening ...
Washington’s proposed income tax (AKA “millionaires’ income tax,” Senate Bill 6346) is being promoted as a measure aimed at the ultra-wealthy. But for many small and mid-sized construction contractors ...