Construction Genius

As a construction company, your expertise lies in building. But what most contractors fail to realize is that it is also a business that requires good management of the flow of money. Cash is what drives all businesses. It is vital to the survival and success of every company. But more often than not, contractors put cash flow issues on the backburner and focus on issues that they find easier or more urgent. In this week's Construction Genius episode, I talk with Patrick Hogan, CEO and co-founder of Handle.com, about the importance of good cash flow management and what you, as a construction executive, can do to improve cash flow in your business. Tune in and learn how to master your micro-economy by managing your cash. What's Discussed in This Episode: Why construction companies are struggling with cash flow [01:50] Contractors go out of business not because of lack of work, but because of too much work [03:21] The cash flow checklist [05:16] Delegating cash flow matters to in-house personnel or third