Improving Cash Flow - Tip #14 of 18: Aggressive Billings and Pre-Wiring the Process. A basic Schedule-of-Values (SOV) with flat billings and normal collection processes with yield about a 30% return on capital over the first 12 months of a project when looking at it from a cash basis. This is in the average-high range for contractors depending on type. > CLA 2018 Benchmarks: https://dbmgt.co/2yh7mq5 > CFMA Benchmarks: https://dbmgt.co/2pDJpoU Our focus is helping contractors achieve performance in the upper-end of their peers (https://dbmgt.co/2vW9v9i) including cash flow. Look at the differences aggressive management of every aspect of billings can make: > Plan the SOV. https://dbmgt.co/2yQwdBk > Manage changes. https://dbmgt.co/2D3uZqQ > Punchlist the project as you go ensuring maximum monthly billing values. https://dbmgt.co/2ORDnA5 > Know the cash flow process (https://dbmgt.co/2S1OBjr) and leverage your relationships (https://dbmgt.co/2OArxKK) to ensure billing values are approved before they are formally submitted. > Know what is contractually required (https://dbmgt.co/2PGRZyw) and ensure that they are all met when submitting the billing. Learn more about improving your cash flow: https://dbmgt.co/contact
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