With long project times, sizable material orders, and upfront labor costs, the construction industry often faces a variety of financial challenges. Below are some of the top financial challenges and mistakes we see construction companies facing. 1 – Doing Work Without Documentation One common financial mistake construction companies make is doing additional or changed work […]
Why CFOs Should Embrace Diversity, Equity, and Inclusion In my conversations with many C-suite executives, I have observed that diversity, equity, and inclusion initiatives are often approached by organizations and the leaders within them as a “feel-good” initiative – the right thing to do. Diversity is so much more than that. The tenets of diversity[…..]
Sometimes the thought of looking at your startup’s cash flow can be frightening. It’s easy to think that if we ignore it, it won’t become a problem – often until it’s too big of a problem that we can no longer ignore! Many times, it’s not nearly as scary as you think it is going[…..]
Whether you’re just starting a business, or have been operating for a while, building a budget is one of the best ways to set yourself up for long-term financial success. Budgets allow you to plan for the future, identify opportunities to streamline or grow your business and ensure that you can invest in your business[…..]