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Electrician Talk Forum
Timescales and finishing jobs
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<blockquote data-quote="SPECIAL LOCATION" data-source="post: 475349" data-attributes="member: 250"><p>Work coming up means nothing.... </p><p></p><p>Any fool can go out and promise customers the earth without pricing a job correctly..</p><p></p><p>I could have a massive order book of promised work...</p><p></p><p>But can't actually do the work because, of time, resources, credit/cash to get the materials in the first place etc.. </p><p></p><p>Cashflow is the big killer of thousands of companies with full order-books...</p><p></p><p>But little or no cash-in-the-bank, so find themselves struggling if one or two contracts have delays in the payment coming through. </p><p></p><p>And when the banks start pulling the plug on loans / overdrafts etc..</p><p></p><p>More often than not its the top dogs in the board-room bleeding it dry with big bonuses flash motors and all the other perks... </p><p></p><p>Very few companies ever publish or claim to have a small order-book and little or no cash-in-the-bank...</p><p></p><p>especially if they are actively trying to win new customers and contracts..</p><p></p><p>It is only when it all goes pear shaped that a bit of digging reveals the true state of the accounts...</p><p></p><p> :C</p></blockquote><p></p>
[QUOTE="SPECIAL LOCATION, post: 475349, member: 250"] Work coming up means nothing.... Any fool can go out and promise customers the earth without pricing a job correctly.. I could have a massive order book of promised work... But can't actually do the work because, of time, resources, credit/cash to get the materials in the first place etc.. Cashflow is the big killer of thousands of companies with full order-books... But little or no cash-in-the-bank, so find themselves struggling if one or two contracts have delays in the payment coming through. And when the banks start pulling the plug on loans / overdrafts etc.. More often than not its the top dogs in the board-room bleeding it dry with big bonuses flash motors and all the other perks... Very few companies ever publish or claim to have a small order-book and little or no cash-in-the-bank... especially if they are actively trying to win new customers and contracts.. It is only when it all goes pear shaped that a bit of digging reveals the true state of the accounts... :C [/QUOTE]
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