Managing multiple projects, keeping track of materials and juggling payment schedules – if you run a building business, cashflow can be a tricky art to master. Which is why we’ve brought in the experts for this episode of the FMB’s Build Up podcast. Grab a brew and listen to Roger Brown from Bibby Financial Services talks to our builder hosts David and Aidan about all matters finance for small to medium sized building businesses just like yours.
In this episode, find out about:
- What exactly is cashflow and why it should matter
- What issues to look out for that could affect your cashflow
- Simple steps you can take to understand and keep your cashflow healthy
- How invoice finance might help you
- How using a quantity surveyor can save you money
- What our hosts do to get their clients to pay on time
- What practical steps you can take to chase late payments
- What can you do if you end up in difficulty
Free resources mentioned in the podcast:
Download your free FMB-approved quotation template: fmb.org.uk/quote
Dont forget you can share your story at buildup@fmb.org.uk.
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The Build Up Podcast
Build Up is the FMB podcast for builders tackling the real-world challenges of running and growing a building business in the UK.