In construction, revenue doesn’t always mean liquidity. Projects may look profitable on paper, but when payments lag, costs spike, or delays hit, cash can dry up fast. Without steady cash flow, even ...
Grassi Advisors & Accountants has been providing accounting and consulting services to the construction industry for more than 40 years. The Commercial Observer Partner Insights team spoke with Grassi ...
Time flies, and here I am in the beginning of February, trying to think through how 2023 is going to look for contractors and the economy in general. Some say good. Some say bad. Some say they do not ...
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Cash flow is everything. Here’s how to do it right
From purchasing processes to payment policies, BOH consulted design industry experts on how to ensure a firm functions smoothly as money changes hands for product and services. T here comes a time in ...
Late payments and slow cash flow have plagued the construction industry for so long that most of us think of it as the norm. And it’s only getting worse - according to one recent report, 82% of ...
Chris Scharman is CEO of Avtech Capital, with 20+ years as a corporate attorney in finance, securities, and mergers & acquisitions. For many businesses, failure can be traced back to a single issue: ...
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