Business
Tips to Measure and Maximize Cash Flow in Construction Businesses
Positive cash flow is the best, and most challenging, measure of success—and it’s essential to a company’s ability to grow. Following are accounting tools and concepts that help contractors understand and increase their cash flow.
By William Simon
February 13, 2017
Topics
Business
by William Simon
William Simon is a member of Marcum LLP’s national Construction Industry Practice group. Marcum provides audit, consulting and taxation services to construction clients ranging from start-ups to multi-billion-dollar enterprises. The group's professionals, among the country’s foremost experts in construction accounting, are frequent industry authors and speakers and also serve as technical reviewers for the AICPA’s construction audit and taxation guides. The group publishes the quarterly Marcum Commercial Construction Index and the annual Marcum JOLT Survey Analysis, a discussion of employment trends in the construction industry. For more information, visit www.marcumllp.com.
Related stories
Business
DOL Pauses Enforcement of Biden’s 2024 Independent Contractor Rule
By ABC
ABC applauds the pause on the 2024 independent contractor final rule, which has posed confusion and time-consumption for construction companies and their workers.
Business
Nonresidential Construction Added Jobs in April Despite Headwinds
By ABC
Despite a slow in nonresidential construction spending, the sector added jobs in April.
Business
Nonresidential Construction Spending Plunges in March
By ABC
Nonresidential construction spending fell across virtually all subsectors in March, except for data-center projects.