Episode 125 | Construction Business Finance & Accounting with Jason Kruger
Description
Too many construction businesses see financials as paperwork for banks, bonds, or taxes - not as tools to actually run the business. Then they’re surprised when margins fluctuate and cash gets tight.
In this Mobilization Mindset episode, Scott Peper sits down with Jason Kruger, Partner at Citrin Cooperman and longtime construction finance expert, to break down the financial infrastructure contractors need to run their business - not just report on it.
You’ll hear:
- Cash first - build and update a simple 13-week cash flow
- WIP is your guide - accurate job-level WIP drives decisions and cash timing
- Stabilize your P&L - match revenue and costs to the right periods
- Protect margin - track to the percentage point
- Be strategic with quick-pay offers - discounts/debt add up fast - make a payoff plan
- Close monthly, consistently - set the date and stick to it
- Hire for construction finance - industry expertise matters
- Look forward - use solid historicals to forecast taxes and set targets
- Use tech wisely - let ERP/AI handle busywork so you can analyze
Mindset shift: Don’t build reports for lenders - build them for next week’s decisions. When cash flow and WIP guide your actions, you avoid surprises, capture margin, and your business can experience steady growth.
Watch the full episode now!
#ConstructionFinance #CashFlow #WIPReport #ContractorMargins #MobilizationMindset
United States
