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.
As a full-service accounting firm with offices in Covington, LA and Key Largo, FL, Summersgill CPA offers a full range of traditional accounting services. But that’s where “traditional” ends. Offering deep analysis and insight into the numbers, we work with business clients throughout the year—guiding them toward smart, sound business decisions.
Our most precious commodity is time—and our attention is a close second. That’s why everyone can use some help on how to tune out daily distractions. We compiled the following helpful tips from copyblogger.com to get you started on dialing down distractions:
The April 15 filing deadline is rapidly approaching, so we encourage you to send us your tax documentation as soon as possible to expedite the filing process. Here are four important reasons why you should file your return sooner rather than later: