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- November 28, 2023
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Cash Flow
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How to Improve Cash Flow as a Commercial Subcontractor0
- Cash Management, Legally Speaking
- October 24, 2023
By Karalynn Cromeens, The Cromeens Law Firm As my friend Tom Reber says in his book Winning the Contractor Fight, “Money is like oxygen to your business”. Meaning your business cannot survive without money. As a subcontractor in the commercial construction world with a “pay when paid” clause in every contract, you are not always
READ MOREWhy Effective Cash Flow Management is Crucial for Subcontractors0
- Cash Management
- April 27, 2021
By Tom Bailey, Principal, Councilor, Buchanan & Mitchell, P.C. – CPAs & Business Advisors A good way to think about cash flow is to see it as your business’ wallet. Cash flow reports are crucial tools for business owners and managers to help them understand where their business’ money is coming and going, and when.
READ MOREThe Role of Cash Flow in Your Decision-Making0
- Cash Management, Contracts, Documentation, Payment, Risk Management
- July 28, 2020
By Patrick Hogan, CEO, Handle.com Whether you are a small-time contractor or a large construction business owner, there is one thing that holds true: Cash is king. It is not an exaggeration to say that cash is the lifeblood of any business, and this is even more apparent for construction projects. Having a lot of
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CONTRACTOR COMMUNITY0
- Contractor Community
- May 7, 2018
May 2018 ASA General Counsel Kegler, Brown, Hill and Ritter Revises FASA’s Retainage Laws in the 50 States Before you bid or negotiate your next contract, be sure to know the laws regarding retainage where the project is located. The Foundation of ASA’s Retainage Laws in the 50 States 2018 summarizes retainage laws in the
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Long Live the King! Why Your Company Needs Cash-Flow Reporting0
- Cash Management
- July 7, 2017
by Steve Antill, Foundation Software Why do we say cash is king? It’s one of the most powerful assets in your company, because it sets the reality for your business every day of your project cycle—not just at year-end when your financials tie out. That’s why it’s always critical for subcontractors to go beyond high-level
READ MOREImproving Your Cash Flow: The Art of Billings & Collections0
- Cash Management
- July 7, 2017
by Stephane McShane, Maxim Consulting Group Contractors take on tremendous risk when they perform work. However, more contractors go out of business due to poor cash flow than for lack of profitability. Why? Is there as much emphasis on billing and collections as there is on daily construction operations? While management executives typically have a
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- May 7, 2018
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About FASA
To educate and equip subcontractors and suppliers with the knowledge and resources they need to thrive in the construction industry. Additionally, FASA raises awareness about issues critical to and about construction in the United States.
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