Best business practices from over 30 years in the industry
Hocking Hills State Park Visitor Center - SPGB Architects
Cash Flow Time Line
This video explores the cash flow challenges that all AE firms deal with. It will give you some insights into your operation.
The quicker you produce your monthly invoices, the quicker you will get paid. Here are several steps you can implement to shorten the time it takes to issue your invoices.
AR - How to Reduce Your Collection Time
Getting your invoice into the hands of your client is easy. Getting them to pay the invoice promptly is a different story. Here are some things you can do to improve your collection time.
KPI - Calculating Your Overhead (OH) Factor For AE Firms
Your overhead factor is a key value if you want to know your true project costs. Take a look at this video to see how you will calculate your overhead factor. Then take a peek at our companion video on how to use it.
KPI - Using Your Overhead Factor
After learning how to calculate your overhead factor, we’ll now be talking about using your overhead factor and applying it to your projects. With the overhead factor, you’ll be able to calculate total project costs and what percentage of your project profit is.
KPI - Net Multiplier
Your Net Multiplier is an essential measurement of project success on the financial front.
KPI - Operating Profit Percentage
How should you measure your Operating Profit Percentage? Should you be using your total revenue or net revenue?
Painlessly Reduce Costs
Our overhead costs can creep up on us. They are basically robbing you of your profits. Follow the steps in this video to keep more of your hard-earned dollars in your pocket.
Client Project Fit - How to Identify Your Best Match
You can use your data to identify your best clients and projects based on performance and profits. Here is a quick and easy analysis you can do.
It is not easy to juggle all of your projects. Getting a handle on scheduling will help a lot. Check out this video for some simple tips on how to do it.
Embezzlement Part 1: What To Do To Help Prevent Embezzlement
Even the word embezzlement sounds terrible. In this three-part series, we will share the story of how it happened and how it might have been prevented.
Embezzlement Part 2: How It Happened
Here in part 2, we will tell you how it happened. Hopefully, this will give you insights that you can apply to your situation to prevent this from happening to you.