Profit by Design: A Financial Bootcamp for AE Leaders
Continuing Education
Use the following learning objectives to focus your study while reading this month’s Continuing Education article.
Learning Objectives - After reading this article, you will be able to:
- Define key financial concepts and summarize the significance of income statements, balance sheets and cash flow statements.
- Identify the importance of strategic budgeting and forecasting in financial planning.
- Manage project costs effectively through regular monitoring, efficient resource allocation and technology.
- Create strategies to enhance your firm’s cash flow through billing and collections best practices while maintaining cash reserves.
- Leverage technology for automated financial processes to improve client relationships while ensuring timely payments and financial stability.
This engaging, bootcamp-style webinar is designed to enhance the financial acumen of AE executives and professionals, offering foundational knowledge and practical strategies to empower your financial management skills. During the session, you will learn how to interpret crucial financial statements, harness technology for efficient financial management, and master the art of budgeting and forecasting. Additionally, you will gain insights into project cost management and optimizing profitability, while also discovering strategies for improving cash flow management through client relationships and automation. As an attendee, you will have access to interactive polls and valuable downloadable resources to accelerate your financial mastery with your team far beyond the 60 minutes we will spend together.
Don't miss this invaluable opportunity to equip yourself with the knowledge and tools needed to drive your AE firm towards sustainable growth and success!
Photo courtesy of BQE Software
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Steven Burns, FAIA, is a global thought leader and speaker on topics related to firm management and emerging technologies. He is the founder of The Well-Designed Firm, a nascent business consultancy helping A&E firms that wish to make their business as elegant as the architecture they create. Steven received his Master of Architecture degree from the Harvard Graduate School of Design, spent 7 years at SOM, and founded his own architecture firm, BBA Architects which he sold in 2007. He created ArchiOffice, the popular office and project management software, which he sold to BQE Software in 2010, which later evolved into BQE CORE. |