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How to Avoid Bankruptcy in Construction Control Your Cash Flow - On-Demand CPE

$105.00
Member price: $85.00

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Cash flow is one of the most important issues facing contractors today. With the market continuing to stay strong, companies are faced with starting new projects, hiring staff, and investing in assets to support the business; yet, more companies go bankrupt due to cash flow issues than profitability issues. Many actions can and should be taken to improve cash management practices. This session explores a range of simple to complex tools and techniques to help contractors manage and control cash flow and touches on new legislation regarding prompt payment.

Learning Objectives

After this session, you will be able to:
• Recognize the importance of cash management practices
• Increase profits with billings and collections
• Apply tools and techniques that optimize cash flow
• Maximize cash flow with process standardization
• Create transparency and accountability with measurement

Prerequisites

This program is a Basic Level online self-study course that was developed for professionals with 0-3 years of experience in construction finance. No prerequisites or advanced preparation is required.

CPE Credits

1 CPE credits

CPE/CCIFP Information

Earn 1 CCIFP Professional Development credits which can be applied to either the General or Construction Requirement. This on-demand course is based on a popular session from CFMA’s 2023 Annual Conference. Please note that you cannot receive CPE or CCIFP

Course Length

The estimated time to complete the course is approximately 50 minutes, depending on the pace of the learner.

Who Should Attend:

  • Business Owners
  • CFOs, Construction Financial Professionals
  • Contractors, Controllers
  • CPAs
  • Professional Advisors
  • Risk Managers
  • Subcontractors

Topics:

Finance
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