September 2024
Cash Flow and Grow - SquareDash September 2024 Newsletter
Hi everyone,
It’s Matt here, once again. As we head away from the intense summer months and into the fall season, I hope you’re doing well and ready for the time of year when it is critical to diligently chase checks to avoid a future cash flow deficit. Trust me, winter will arrive sooner than you expect!
This is the perfect time to reassess your operations strategies, batten down the hatches, and ensure you’re all set up for success come fall and winter. That includes making sure you have the claim funding you need and the billing services in place that will keep your operations running smoothly.
When you partner with SquareDash, we help you navigate these busy times with ease. Our goal is to support you in streamlining operations and maintaining a healthy cash flow, allowing you to focus on what you do best—providing top-notch service to your customers.
Let’s work together to make this a successful and profitable season, and make this September one to remember!
- Matt Frugé, Founder and CEO
Chasing Checks Season To-Do List
September is all about setting yourself up for financial success. With some focus on some key areas, you can minimize the time taken chasing down checks. Here are some critical action items to make a priority:
- Evaluate Vendor Relationships and Key Partnerships: This is the perfect time to review your existing vendor relationships and partnerships. Are they providing the value you need? Are there opportunities to re-negotiate terms or find more efficient partners?
- Take a Deep Dive on Financial Statements: Take a comprehensive look at your financial statements. Understanding your financial health is the first step in making informed decisions that will benefit your business in the long run. Look for trends, identify areas for improvement, and develop strategies to address any potential issues.
- Submit Updated Financials for SquareDash Credit Limit Review: Understanding your credit limits and knowing what is available for use is essential for maintaining liquidity. This proactive step can help you avoid cash flow crunches and keep your business running smoothly.
- Push to Collect Outstanding Balances: Now is the time to make a concerted effort to collect any outstanding invoices from property owners. If you’re struggling, try offering incentives for early payments or implementing late fees to encourage timely payments. Requesting payment advances on open jobs is a good idea, too.
If you’re interested in a deeper dive on how to set yourself up for success come fall and winter, schedule a meeting with Heath Gover, our Head of Business Development.
Heath has extensive experience giving personalized advice on implementing these strategies and can help your business out with some valuable insights.
Click here to Schedule a Consultation with a member of our team today.
Join Us at RoofCON 2024!
SquareDash is thrilled to announce our participation in RoofCON 2024, October 23-25 at the Orange County Convention Center in Orlando, FL. Visit us at Booth 1315 to discover how we can help your roofing and restoration business unlock immediate cash flow and streamline your billing processes.
Don’t miss this opportunity to learn how to solve one of the biggest challenges in the industry—schedule a time to meet with our expert team by calling us at 214-740-6148.
Let’s transform your cash flow together!
The Importance of Cash Flow Management in Chasing Checks Season
As we head into the cold months, cash flow is as critical as ever. Now is when many roofing contractors experience delays in payments, which can strain finances. Making sure that you have a robust cash flow strategy in place can make all the difference in maintaining business stability and growth during this time—and SquareDash can help.
Our platform helps you get ACV money upfront and the depreciation when the job is complete, reducing the wait time for insurance checks. This can provide a significant boost to your cash flow, allowing you to cruise through to winter worry-free! Ok, maybe not completely worry-free…
Love SquareDash? Come Work With Us!
We’re growing our team here at SquareDash, and are looking for motivated, talented individuals to join us.
Some of our open positions include National Account Executive, Inbound SDR, Billing and Collections Specialist, Business Development Representative, and National Account Manager.
If you’re passionate about helping contractors—or know someone who is—check out our careers page for more details and to submit your application!
Connect with Us
Sales 214-740-6148 | Support 817-730-5837
Our Newsletter
October 2024
Discover essential tips for navigating 'Chasing Checks Season' this October. Learn how to evaluate vendor relationships, dive into financial statements, and optimize your cash flow with our expert advice.
September 2024
September update from SquareDash Founder and CEO, Matt Frugé. As we head away from the intense summer months and into the fall season, I hope you’re doing well and ready for the time of year when it is critical to diligently chase checks to avoid a future cash flow deficit.
August 2024
Knock, knock! Who’s there? It’s August, your hottest and busiest month of the year for roofing companies everywhere. Here’s our August 2024 update, alongside some best practices for preparing for the off-season.
July 2024
July update from SquareDash Founder and CEO, Matt Frugé. Plus, discover all the ways your roofing business can make the most out of the summer selling season.
June 2024
Happy June, friends! Hopefully your season has officially hit high gear, and you’re full speed ahead helping homeowners and making money. Even if it’s starting to seem like there aren’t enough hours in the day to get it all done, it’s important to carve out some time to do the right things for your business.
2024
May 2024
Well, here in North Texas we’ve already had our first serious hail storm of the season and the roofers are off and running. If you’re starting to get busy, remember, there’s still important work to do to make sure you’re ready for the season:
2024
April 2024
Happy storm season, everyone! While you keep one eye on the weather radar, I hope you’re also preparing your business to make this your best season ever.
2024
March 2024
Was that thunder we heard? Friends, the arrival of spring means we’re all about to get really busy. All of us at SquareDash wish you a highly successful storm season. And remember, we’re here to support you with Billing Services and Claim funding to make this storm season the best one yet!
2024
February 2024
So, what’s colder right now for you—the weather outside, or the cash flow of your business?This time of year can be tough financially, but it’s also a great time to work on your business strategy, because spring will be here before you know it.
2024
January 2024
We hope you took some time to relax and recharge so that you’re ready to make ‘24 your best year yet.
2023
December 2023
Hopefully, you’re all planning some well-deserved time away from the roofing grind to relax with friends and family. (Or hang out in a deer stand. You do you!) Here at SquareDash, we’re racing to the 2023 finish line—here are just a few of the things we’ve got going on.
2023
November 2023
As we head into the holidays, we want to say a big thank you to our employees, clients, and partners for making this first, amazing year at SquareDash possible.
2023
October 2023
Welcome to our first issue of The Cash Flow and Grow Newsletter. It’s part newsletter, part commentary, and all designed to keep you up to speed on what’s happening at SquareDash and in the roofing and restoration industry overall.