Avoiding Cashflow Crunch

Avoiding Cashflow Crunch

We recently hosted a webinar with Daniel Wilkinson, Partner & Client Director from Xact Accounting and Julian Krishnan Nair, Senior Partner Manager from Buildxact to address one of the toughest times of the year for managing cash flow—the Christmas and New Year period. With project delays, holidays, and end-of-year costs, the festive season often becomes a cash flow nightmare for many in the construction industry.

This free webinar was specifically designed for builders and tradies aiming to navigate the ‘Cash Flow Crunch’ over the holiday season. We explored practical strategies to help keep finances steady and ensure businesses start the New Year on a strong footing.

In this interactive session, we covered:

• How to prepare for the festive season and manage cash flow risks unique to this period.
• Tips for handling project slowdowns and covering holiday overheads.
• Key strategies for improving job costing, estimates, and budgeting accuracy.
• How to protect your cash flow from unexpected costs and project delays.
• Steps to move from survival mode to cash flow stability and long-term growth.
• Effective ways to maintain financial visibility and avoid the January cash flow pinch.

Participants are now equipped with tools to handle cash flow challenges this festive season and can start the New Year with confidence.

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