While the allure of taking on new work, increasing revenue, and experiencing overall growth is certainly appealing, improperly managing cash flow is one of the most common reasons that construction companies fail. This article will explore why this happens, and offer some considerations and best practices to guard against the cash flow constraints of rapid growth.
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The Cash Flow Constraints of Rapid Growth
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About the Author
David S. Warshauer, CPA, CCIFP, is a financial and tax consultant who specializes in all aspects of financial advising including tax planning, mergers and acquisitions, business continuity planning and financial reporting.
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