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.

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