Fighting back – Tough economy challenges contractors to control cash flow
Abstract: The construction business has hardly been spared from economic hardship, with most industry sectors projected to endure drops. During times like this, it’s easy to panic. But a better strategy for contractors is to fight back — figure out ways you can keep your company’s head above water while maybe, just maybe, gaining an edge on the competition. To do so, construction companies need to do one thing in particular: Control their cash flow. This article explains how.