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564: How to Know Your Architecture Firm's Financial Performance with Robert Yuen of Monograph
Manage episode 435044814 series 28363
In a dynamic podcast conversation, Rion speaks with Robert Yuen of Monograph. Listen as they explore essential strategies for architects to optimize their business performance. They delve into the intricacies of utilization and realization rates, emphasizing the impact of effective management on revenue generation. The discussion highlights common pitfalls in project scope management and offers insights into balancing billable hours with actual revenue. Focusing on financial health, they stress the critical importance of timely payment cycles in sustaining architectural practices amidst economic challenges.
- Discover crucial insights on maximizing revenue through strategic utilization rates.
- Learn effective techniques for managing project scope to prevent revenue leakage.
- Understand the nuances of billing practices and their direct impact on financial outcomes.
- Explore practical strategies for improving cash flow and financial stability.
To learn more about Robert visit his:
Website: https://robertyuen.com/
Twitter: https://twitter.com/Robert_Yuen
LinkedIn: https://www.linkedin.com/in/yuenrobert/
Instagram: https://www.instagram.com/robert.yuen/
► Transcription: https://otter.ai/u/SCemnTUJ527ZwbAWBPOy0zqjciQ?utm_source=copy_url
► Feedback? Email us at podcast@businessofarchitecture.com
► Access your free training at http://SmartPracticeMethod.com/
► If you want to speak directly to our advisors, book a call at https://www.businessofarchitecture.com/call
► Subscribe to our YouTube Channel for updates:
https://www.youtube.com/c/BusinessofArchitecture
*******
For more free tools and resources for running a profitable, impactful, and fulfilling practice, connect with me on:
Facebook: https://www.facebook.com/groups/businessofarchitecture
Instagram: https://www.instagram.com/businessofarch/
Website: https://www.businessofarchitecture.com/yt
Twitter: https://twitter.com/BusinessofArch
Podcast: http://www.businessofarchitecture.com/show
iTunes: https://podcasts.apple.com/us/podcast/business-architecture-podcast/id588987926
Android Podcast Feed: http://feeds.feedburner.com/BusinessofArchitecture-podcast
Google Podcasts: https://podcasts.google.com/feed/aHR0cHM6Ly9idXNpbmVzc29mYXJjaGl0ZWN0dXJlLmxpYnN5bi5jb20vcnNz
*******
Access the FREE Architecture Firm Profit Map video here: http://freearchitectgift.com
Carpe Diem!
632 episodes
Manage episode 435044814 series 28363
In a dynamic podcast conversation, Rion speaks with Robert Yuen of Monograph. Listen as they explore essential strategies for architects to optimize their business performance. They delve into the intricacies of utilization and realization rates, emphasizing the impact of effective management on revenue generation. The discussion highlights common pitfalls in project scope management and offers insights into balancing billable hours with actual revenue. Focusing on financial health, they stress the critical importance of timely payment cycles in sustaining architectural practices amidst economic challenges.
- Discover crucial insights on maximizing revenue through strategic utilization rates.
- Learn effective techniques for managing project scope to prevent revenue leakage.
- Understand the nuances of billing practices and their direct impact on financial outcomes.
- Explore practical strategies for improving cash flow and financial stability.
To learn more about Robert visit his:
Website: https://robertyuen.com/
Twitter: https://twitter.com/Robert_Yuen
LinkedIn: https://www.linkedin.com/in/yuenrobert/
Instagram: https://www.instagram.com/robert.yuen/
► Transcription: https://otter.ai/u/SCemnTUJ527ZwbAWBPOy0zqjciQ?utm_source=copy_url
► Feedback? Email us at podcast@businessofarchitecture.com
► Access your free training at http://SmartPracticeMethod.com/
► If you want to speak directly to our advisors, book a call at https://www.businessofarchitecture.com/call
► Subscribe to our YouTube Channel for updates:
https://www.youtube.com/c/BusinessofArchitecture
*******
For more free tools and resources for running a profitable, impactful, and fulfilling practice, connect with me on:
Facebook: https://www.facebook.com/groups/businessofarchitecture
Instagram: https://www.instagram.com/businessofarch/
Website: https://www.businessofarchitecture.com/yt
Twitter: https://twitter.com/BusinessofArch
Podcast: http://www.businessofarchitecture.com/show
iTunes: https://podcasts.apple.com/us/podcast/business-architecture-podcast/id588987926
Android Podcast Feed: http://feeds.feedburner.com/BusinessofArchitecture-podcast
Google Podcasts: https://podcasts.google.com/feed/aHR0cHM6Ly9idXNpbmVzc29mYXJjaGl0ZWN0dXJlLmxpYnN5bi5jb20vcnNz
*******
Access the FREE Architecture Firm Profit Map video here: http://freearchitectgift.com
Carpe Diem!
632 episodes
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