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Financial Management Secrets for Construction! Construction Champions Podcast 2-29 Kathy Svetina

Construction Champions Podcast

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Mastering Financial Forecasting in Construction

The chapter emphasizes the importance of forecasting in construction, drawing parallels with sports champions who anticipate challenges. It stresses the critical role of work in progress reports in revealing financial insights and managing cash flow, tax implications, and profitability. The discussion underscores the need for accurate financial reporting, hiring a controller CFO, and understanding financial flow to avoid pitfalls and enhance financial stability in the construction industry.

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