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Balancing Work and Study: How an Online MBA in Construction Management Helps Working Professionals

Construction Marketing

Managing a full-time job while pursuing further education is challenging, especially in demanding fields like construction. An online MBA in Construction Management offers a flexible, career-focused solution that allows professionals to develop leadership and business skills without sacrificing their jobs.

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How To Handle Construction Client Debt So You Get Paid On Time

Contractor Bookkeeping

Ideally, you want to reduce the chance of bad debts and pressure on your construction company's cash flow. It can be easy to neglect to manage your debtors when you're busy growing your business, but intelligent credit control is important.

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How To Finance a Business: Short-Term vs. Long-Term

Construction Marketing

Short-term loans can be used to cover immediate operational expenses or take advantage of a business opportunity without committing to long-term debt. The extended repayment period also allows your business to spread the costs over several years, improving cash flow and reducing the financial strain of large purchases.

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How To Manage Your Construction Firm's Cash Flow During Crisis

Contractor Bookkeeping

Dealing with unexpected cash-flow difficulties, even if you're working hard to avoid shortfalls, is hugely distracting. You also need to know about any substantial invoices that are in dispute, particularly overdue debts and clients exceeding their credit limits. Pay attention to your Key Performance Indicators.

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Unique Tips For Managing Cash Flow In Your Contracting Company

Contractor Bookkeeping

Cash flow is the lifeblood of any construction company and especially the ones with annual sales volume under $1,000,000. Some construction Company experts even say that a healthy cash flow is more important than your contracting company''s ability to complete projects! What Makes Up Your Construction Company Cash Flow?

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The Number One Thing You Need To Know About Your Construction Business

Contractor Bookkeeping

At a deeper level, knowing how money moves through your business can help you make strategic decisions about growth, invoicing, and debt management. The consequences of not understanding money can be drastic—poor financial management is one of the main reasons businesses fail. That's why you need to understand cash flow.

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Types of Capital for Construction Businesses

Levelset

The term capital is used across industries to represent all of a company’s financial assets, including cash, inventory, equipment, and more. Several different types of capital — working capital , debt capital , and equity capital — are common in the construction industry. Debt capital. 3 types of capital for construction.

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