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MANAGING CASH FLOW FOR A
BUILDING COMPANY
Financial challenges in business are constant and those of us in the building industry face a multitude of hurdles. Most recently we’ve seen the fallout from the Royal Commission into misconduct in the Banking industry, with the affects being amplified by COVID-19. With banks cracking down on lending, it has been harder to borrow money and this has resulted in fewer property buyers and house price falls. Given that downturns can increase financial pressure for some businesses, Dahlsens has reached out to finance expert Harry Pontikis to provide some snapshot advice to help builders weather the storm. If you feel you could do with some quick financial thoughtstarters to stir you into further action, read on.
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