Business Management
An Introduction to Succession Planning
Follow these steps to ensure your company thrives during ownership transitions.
Author
Frank Hogg
Frank Hogg is partner-in-charge of national accounting firm RubinBrown’s Contractors Services Group. Hogg serves clients in the construction, mortgage banking, home building and real estate industries. He is a member of several associations including the Construction Financial Management Association (CFMA). For more information, contact Hogg at [email protected] or 314-290-3413.
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Fleet
Improving Cash Flow Through Effective Fleet Management
The lesson learned through the peaks and valleys of business cycles is that strong cash flow can be the difference between success and failure for a construction company. During the leanest of times, poor cash flow can result in business failure more so than any other attribute of a business model. So in today's economy, it's more important than ever for contractors to closely monitor their operations and determine how they can improve their cash flow.