Managing Cash Flow on Construction Projects

More documents

Recommendations

Info

Financial Statements - Continued– If not, you may be spending money that isn’tyours to get or buy:• more work (which you won’t be able to cash flow)• more equipment (if financed you may not be able to payfor it)• buy property and improve it (more debt and use of cash)• buy a restaurant
Interruptions to <strong>Cash</strong> <strong>Flow</strong>• A job that slows down or is temporarily stopped. One job can start the domino effect!• Compliance issues; Prevailing Wage paperwork, proper releases from subs and suppliers• Stop Notices• Lack of workforce in the field to perform the work and provide information back to the office.• Lack of office personnel to process paperwork.• You may have enough bodies in the office to do the paperwork but are they qualified?• Employees that do not have the skill set to perform the work and are not moved to anotherdepartment or let go.• Owner or business partner develops an alcohol, drug or gambling problem.• Divorce – lack of concentration• Death and lack of continuity plan.• Material not available - drywall• Equipment being manufactured offshore• Earthquake
Page 1 and 2: Managing C
Page 3 and 4: DISCUSSION OUTLINE• Accounting pe
Page 5 and 6: KEY CASH RELATED RATIOS• Most imp
Page 7 and 8: CASH FUELS GROWTH• Cash</
Page 9 and 10: IMPROVING CASH FLOWHow do President
Page 11 and 12: IMPROVING CASH FLOWSHow do estimato
Page 13: IMPROVING CASH FLOWSuperintendents
Page 16 and 17: STATEMENT OF CASH FLOWSCASH FLOWS F
Page 18 and 19: Cash is King
Page 21 and 22: Liquidity or Short-Term Solvency ra
Page 23 and 24: The Dynamics• How much money will
Page 25 and 26: Know Your Customer• Do they pay s
Page 27 and 28: The Schedule• The schedule drives
Page 29 and 30: Change Orders - Are you kidding you
Page 31: Financial Statements• CPA that sp

Managing Cash Flow on Construction Projects

You also want an ePaper? Increase the reach of your titles

Delete template?

Save as template?