March 1, 2018
Cash flow is the lifeblood of any business. And it’s especially vital for general contracting businesses that require financial flexibility for purchasing materials, meeting payroll and paying subcontractors. Also consider that GCs must have cash liquidity in order to receive financing from creditors.
If you find that your business is consistently tight on cash flow, consider these tips to help you improve the situation:
These are just a few ways to improve cash flow in your general contracting business. Our advisors can help you gain valuable insight into your business and identify other ways to ease the cash flow crunch. Contact our firm today for professional assistance.
Meet Summersgill CPA Founder, Shannon Summersgill, CPA! Learn how her career evolved into running her own firm, what she attributes her success to, her favorite travel destination, and much more!
Unfortunately, cyber scammers never take a vacation. In fact, the IRS has issued a warning of a surge in fraudulent emails that bait potential phishing victims with fake tax transcripts. Links within these emails lead recipients to documents containing the well-known malware, Emotet.
The holidays can be overwhelming. You only have so many hours in a day, your gift list is long, and your budget may be tight. A bit of up-front planning and prioritizing can help save you time and money. Here are a few ideas to help you minimize the hustle and bustle, stay on budget, and find more peace this holiday season.