1. EachPod

Top Financial Management Mistakes of Small Architecture Firms

Author
Enoch Sears & Rion Willard
Published
Tue 07 Jul 2015
Episode Link
https://businessofarchitecture.libsyn.com/top-financial-management-mistakes-of-small-architecture-firms

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.

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