Before the Next Project: Map the Gap Between Payroll and Collections

Construction companies must carefully manage the timing between when they pay their workforce and when customer payments arrive to avoid cash flow problems. Planning for payment delays, especially when customers are late, is critical to keeping projects financially healthy.

Which bills come first? When should the customer payments arrive? And what happens if one of them is two weeks late? The post Before the Next Project: Map the Gap Between Payroll and Collections first appeared on Construction Executive .

This story was originally published by Construction Executive.