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When done properly, a cashflow projection or forecast can not only help you secure bonds and banking, but it can also serve as a roadmap to building a great business. This week, we're offering some practical advice on this useful tool: who should do it, how often it should be done, and how it might look different for construction companies.

 Topics we cover in this episode include:

• Why you might need a cash flow forecast (even if you have a lot of money in the bank)
• How far out and how frequently you should do a forecast or projection
• Using long-term cash flow projection as a planning tool
• How to boost your bonding capacity with accurate cash flow projections
• Cash flow projection considerations unique to the construction industry

LINKS

Visit the episode page at https://contractorsuccessforum.com/forecast for more details and a transcript of the show.

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Find all episodes and related links at ContractorSuccessForum.com.

Join the conversation on our LinkedIn page: https://www.linkedin.com/company/CarpenterCPAs
   
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Wade Carpenter, CPA, CGMA | CarpenterCPAs.com
Stephen Brown, Bonding Expert | SuretyAnswers.com