Understanding Working Capital in Construction: How to Account for It in Your Bids
Understanding Working Capital in Construction: How to Account for It in Your Bids
Pro-Accel owner, Jerry Aliberti, co-hosted a webinar with Travis Mayor at Billd. In this video, we dive into the crucial concept of working capital and its impact on contractors looking to build and grow their businesses. We'll explore the different types of working capital that construction companies need to manage effectively, from financing day-to-day operations to investing in long-term growth.
We also break down how to properly account for this additional overhead when preparing your construction bids, ensuring that your financial estimates are accurate and that your business remains profitable. Whether you're a seasoned contractor or just starting out, understanding how to manage working capital can make all the difference in your success. Don't miss out on these valuable insights!
The link to the full video can be found clicking here.
To learn more about how Pro-Accel can help you determine the correct overhead costs for your bids, book a Free Consultation and email Jerry Aliberti at jerry@pro-accel.com or click on the blue button below and schedule a call directly.