Small Business Case Study: Do It All Contracting
Background
Building Trust Through Quality Renovations
Established in 1997, Do It All Contracting Ltd. is a top-rated general contractor serving Edmonton, St. Albert, Sherwood Park, and Spruce Grove. With over 25 years of experience, the company has assisted thousands of residential clients with their home renovations.
Challenge
Managing Cash Flow Amidst Multiple Ongoing Projects
Operating between 12 to 17 concurrent projects, Do It All Contracting faced cash flow challenges due to extended payment terms of 30 to 90 days. This delay in payments necessitated a reliable financial solution to maintain smooth operations and meet project deadlines.
Solution
Securing Flexible Financing for Operational Continuity
To address the cash flow issue, Do It All Contracting sought financing options. The process was streamlined, allowing them to secure a longer-term financial solution that alleviated immediate financial pressures. This flexibility enabled the company to continue managing multiple projects efficiently without compromising on quality or timelines.
Result
Enhanced Project Management and Client Satisfaction
With the financing in place, Do It All Contracting successfully managed its extensive project portfolio. The ability to maintain consistent cash flow ensured timely procurement of materials and labor, leading to the completion of projects on schedule.
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