Most construction companies face cash flow woes
If cash flow is the lifeblood of the construction industry, then most are in desperate need of a transfusion. In a recent survey of construction firms, 84 percent reported that they had problems with cash flow. Almost 19 percent stated that they dealt with cash flow issues on a constant basis. Companies that experienced cash flow shortages at least once a month accounted for 17 percent of respondents.
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