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A Cash Flow Guide for Architects

Levelset

However, like any other business, you need to maintain positive cash flow or you may find yourself unable to pay your workers and other expenses. Let’s take a look at the basics of cash flow and how architects can budget their expenses and forecast their income to stay in good financial standing. Cash flow basics.

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Unique Tips For Managing Cash Flow In Your Contracting Company

Contractor Bookkeeping

Cash flow is the lifeblood of any construction company and especially the ones with annual sales volume under $1,000,000. Some construction Company experts even say that a healthy cash flow is more important than your contracting company''s ability to complete projects! What Makes Up Your Construction Company Cash Flow?

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Service Agreements Can Improve Contractors Cash Flow And Profits

Contractor Bookkeeping

In the meantime, service agreement customers are a source of cash flow and are predetermined to call you instead of your competition when repairs are necessary. Keep The Service Agreement Cash Separate. One of the best parts is you have an immediate increase in cash flow.

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PSMJ Resources, Inc. Announces 2013’s Circle of Excellence Firms

PSMJ Resources

the premier management consulting firm for the architecture, engineering, and construction industries, is thrilled to announce this year’s members of the 2013 Circle of Excellence. Argus Consulting, Inc. BAM Architecture Studio NK Architects Baylis Architects OBEC Consulting Engineers, Inc. Hyde Engineering + Consulting, Inc.

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Advice for Home Builders Navigating a Market in Flux

Pro Builder

The analysis is a representative sample of responses from companies involved with Builder Partnerships’ rebate program, Home Builder University training programs, and clients of Shinn Consulting. As a housing consultancy, we prefer that the cost of sales represents 70% or less of sales revenue. Manage overhead. and Canada.

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KPIs for Architects: 3 Performance Indicators to Watch

Levelset

Architectural business consultant Lucas Gray of Charette Venture Group recommends three KPIs to help firms measure their profitability: break-even point, utilization rate, and billable ratio. . Where direct labor is the percentage of salaries that are spent on billable work (rather than overhead time). Lucas Gray. Utilization rate.

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PSMJ Resources, Inc. Announces 2014 Circle of Excellence

PSMJ Resources

the premier management consulting firm for the architecture, engineering, and construction industries, announces members of the 2014 Circle of Excellence. Phillips + Bacon Consulting Engineers DGR Engineering Praxis3 Enterprise Engineering, Inc. Robinson Consultants Inc. GEC Architecture Rodgers Consulting Inc.