Cash Flow Management and Getting Paid
Provider: Informa
Discipline: Ethics & Business Practices
Credits: 3.00
Your ability to manage cash flow directly influences your project success. Being aware of these elements, combined with taking action, can lead to project success. Master the major tasks of analyzing financial statements, tracking cash conversion periods, deciding when and if to borrow, keeping your working capital at adequate levels and protecting your bonding capacity. After the project is finished, it is time to ask for payment, a time to look at retention and final billing preparation and knowing what your options are.
1. Outline the ins and outs of cash flow and learn to project cash flow by department or job
2. Discuss tracking total cash flow by analyzing backlog, estimating monthly project income and anticipating cash disbursements
3. Examine different processes to help you becomes successful
4. Discover how to negotiate using bid documents
For more information please visit www.worldofconcrete.com or contact Informa at 972-536-6416.
Future Dates and Locations
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