Construction Cash Crunch Report 2018
Examining the state of cash flow in the construction industry
Did you know cash flow is a constant problem for many companies in the construction industry? Only 8 percent of construction businesses can say their customers always pay on time. Strapped for cash and struggling to make payroll or see significant growth, there is a major opportunity for experienced accountants to proactively address some of the most frustrating challenges construction companies face.
Between January and April 2018, TSheets and zlien conducted a survey of 195 construction company owners and managers to establish how often they experience cash flow problems and what impact this has on their businesses.