by Simplar | May 5, 2022 | Financial Management and Risk, Financial Management and Risk, Organizational Change Management, Organizational Change Management, Weekly Construction Message
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...
by Simplar | Nov 17, 2022 | Built Environment, Business of Construction, Cash Flow (Getting Paid), Financial Management and Risk, Financial Management and Risk, Financial Management and Risk, Weekly Construction Message
Cash is King Thomas C Schleifer, Ph.D. For the duration of this disrupted market and potential for recession, move cash flow management to the top of your CFO’s priority list and leave it there. Contractors rarely have enough cash on the balance sheet to see them...
by Simplar | Jun 23, 2021 | Business Development, Business, Strategic and Project Planning, Leadership, Leadership, Weekly Construction Message
This blog is the culmination of our series on the CFO’s role in the management of construction companies. I have been attempting to lay out the “Best in Class” management practices that apply to the CFO. The feedback from the accounting profession...
by Simplar | Jan 14, 2021 | Growth
Cash is Slippery For the past few months we have been dealing with the risk factors hidden in growth markets and the risk mitigation techniques that construction management might employ. Now it is time to cut to the chase and identify the mother of all risk –...
by Simplar | Jan 19, 2023 | Built Environment, Facility Management, Financial Management and Risk, Financial Management and Risk, Financial Management and Risk, Financial Management and Risk, Weekly Construction Message
How Much is Enough? Thomas C Schleifer, Ph.D. In this first series of messages for 2023 we’re looking at how to professionally manage a construction firm’s capital position to ensure enough liquidity to see the firm through an inflation/recession economy that can...
