Cash Flow: The Hidden Cost of Growing Your Construction Business

For many construction businesses the biggest obstacle they face isn’t finding enough qualified workers or even bidding for jobs, it’s actually cash flow — specifically, not having enough of it to pay for liabilities like bills and payroll. According to a recent study conducted by TSheets and zlien, 1 in 5 construction companies faces a cash flow problem. The surprising cause of cash flow problems After 10 years in business, Brooke and Kevin Smith*, the husband-and-wife owners of an Illinois-based construction business, are no strangers to cash flow problems. The Smiths say they often have to rely on their personal savings to live and shell-out their business cash to pay employees and vendors

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