Although the construction industry can be quite profitable, it does have a major drawback: in areas where the winter season prevents construction projects from getting started, teams of workers and even entire construction firms have to be extremely careful when
Your business will be healthier if you manage your cash flow toward the profit line. How? Let’s look at some tips: When cash flow stays positive, your business can survive turbulent times. Use your history and sound financial data to
Even without knowing its exact definition, you can just tell from the way the word sounds that undercapitalization is not good for your business. Undercapitalization occurs when a business holds insufficient funding — or capital — to support its operations.