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Top Financial Management Mistakes of Small Architecture Firms

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Manage episode 396811479 series 28363
Content provided by Enoch Sears & Rion Willard, Enoch Sears, and Rion Willard. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Enoch Sears & Rion Willard, Enoch Sears, and Rion Willard or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

Do you make these top financial management mistakes in your architecture practice?

Today we speak with Hugh Glazer, CPA, a business and financial management consultant for the AEC industry.

In this episode, you'll discover:

  • The number 1 secret to scaling a profitable architecture practice (4:01)
  • The top business mistakes small architecture firms make (5:05)
  • The difference between cash basis and accrual accounting, and why this matters to your bottom line (7:30)
  • The rolling 13-week spreadsheet for tracking cashflow (10:15)
  • The most important metrics to track for firm profitability (15:00)
  • How to recognize and stop scope creep (18:50)

Find out more about the top financial management mistakes in the Business of Architecture.

  continue reading

620 episodes

Artwork
iconShare
 
Manage episode 396811479 series 28363
Content provided by Enoch Sears & Rion Willard, Enoch Sears, and Rion Willard. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Enoch Sears & Rion Willard, Enoch Sears, and Rion Willard or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

Do you make these top financial management mistakes in your architecture practice?

Today we speak with Hugh Glazer, CPA, a business and financial management consultant for the AEC industry.

In this episode, you'll discover:

  • The number 1 secret to scaling a profitable architecture practice (4:01)
  • The top business mistakes small architecture firms make (5:05)
  • The difference between cash basis and accrual accounting, and why this matters to your bottom line (7:30)
  • The rolling 13-week spreadsheet for tracking cashflow (10:15)
  • The most important metrics to track for firm profitability (15:00)
  • How to recognize and stop scope creep (18:50)

Find out more about the top financial management mistakes in the Business of Architecture.

  continue reading

620 episodes

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