Page 6 - Construction Industry-Cashflow Tips
P. 6
SPREAD OUT
COST
The price of equipment, tools and
materials is often steep. The best way to
pay for these is through spreading out
your costs.
Negotiate with vendors and suppliers on
payment processes, like settling on
monthly installments, rather than one
large payment in the beginning. By
minimizing your monthly costs, it is much
easier to balance your budget and most
importantly, leaves more cash flow that
can be put towards other resources.
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