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449: Is It Really a Collections Issue? with Yotam Kedem & Lior Schnabel of Precise International

Business of Architecture Podcast

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Cash Flow Is All You Need to Know

Billing, invoicing and billing is the last piece of the puzzle to a good business. If you're not paying your bills on time or at all, it's going to affect cash flow. Collection is rarely the problem in 90% of cases; billings are what really matters. You need to build every month according to our progress because if there are any changes within that phase I should be asked for additional services. And yes, some public projects can't be billed quarterly as they don't have enough work.

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