Many construction companies operate on razor thin margins and most are definitely not strangers to cash flow issues. Compound those with a crisis and things can get rocky fast. However, dealing with financial hardships and challenging stretches in business life have given contractors and other construction business owners the skills and steadfastness to withstand difficult times.
As the world faces uncertainty, construction is one of the industries that continue to march on. But, given the bigger context, it’s important for construction business owners to safeguard their cash flow and protect their revenue.
