Economic Schizophrenia Dr Thomas C Schleifer Surging inflation, global energy supply shortages, Russia’s invasion of the Ukraine, and Chinese pandemic-related disruptions to economic activity have brewed the perfect storm of economic instability. The...
No Guesses – No Surprises, Number Two Dr Thomas C Schleifer Last week we looked at how a construction CFO crafts a cash flow plan, project by project. A cash flow plan is also an essential part of a construction company’s mid-term (six months to a year)...
No Guesses – No Surprises Cash flow mismanagement is a primary cause of construction business failure. Many contractors started their business undercapitalized and had to apply the art of cash flow management by “kiting” checks, overdrawing working capital lines...
The Science of Cash Flow Management All competent builders should succeed. There is no reason for the contractor failure rate to be the second-highest among all American businesses right behind restaurants. However, because of the complex nature of cash flow in the...
