Your Architecture Firm is Leaking Money

How to identify losses and plug the holes
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Webinar On-Demand
Sponsored by BQE Software
Presented by Steve Burns, FAIA  

Learning Objectives:

  1. Explain the importance and informativeness of a perfectly organized Chart of Accounts.
  2. Identify each of your firm’s profit centers and the KPIs that measure their performance .
  3. Determine which technology plays an integral role in every healthy firm.
  4. Assess how simple it can be to turn your firm into a profitable, elegant enterprise.

Credits:

AIA
1 AIA LU/Elective
IACET
0.1 IACET CEU*
AIBD
1 AIBD P-CE
AAA
AAA 1 Structured Learning Hour
AANB
This course can be self-reported to the AANB, as per their CE Guidelines
AAPEI
AAPEI 1 Structured Learning Hour
MAA
MAA 1 Structured Learning Hour
NLAA
This course can be self-reported to the NLAA.
NSAA
This course can be self-reported to the NSAA
NWTAA
NWTAA 1 Structured Learning Hour
OAA
OAA 1 Learning Hour
SAA
SAA 1 Hour of Core Learning
 
This course can be self-reported to the AIBC, as per their CE Guidelines.
This course is approved as a Structured Course
This course can be self-reported to the AANB, as per their CE Guidelines
Approved for structured learning
Approved for Core Learning
This course can be self-reported to the NLAA
Course may qualify for Learning Hours with NWTAA
Course eligible for OAA Learning Hours
This course is approved as a core course
This course can be self-reported for Learning Units to the Architectural Institute of British Columbia

Most firms look at profitability as a bottom-line metric. They use this as a gauge to determine if the firm is financially healthy. However, every firm is composed of countless independent elements: employees, clients, projects, phases, consultants, and a myriad of expenses.

What does a firm do when they aren’t achieving the profit margins they desire or experiencing losses? Knowing the answer to this question is the purpose of this webinar.

In this webinar, we will explore:

  • The best practices for monitoring the various profit-centers of your firm.
  • The means and methods that will not only alert you to problems but discuss how to resolve them.

Most A&E firms don’t apply the same rigor, discipline, and consistency that they use when executing their projects. We will show how easy it is for your firm to be well-organized, efficient, and profitable by applying best practices and utilizing modern, effortless, affordable computing technologies.

Leaking Money

Photo by Karolina Grabowska from Pexels


SteveB

Steven Burns, FAIA is a member of the College of Fellows of the American Institute of Architects and Chief Creative Officer of BQE Software.   After receiving his Master of Architecture degree from the Harvard Graduate School of Design, Steven spent 7 years at Skidmore, Owings and Merrill - working in Chicago, London, and Berlin before founding his own firm, BBA Architects in 1993. 

In 2009 with over 600 firms using the ArchiOffice platform, Steven sold his second company to BQE Software and is now focused on the product development of BQE CORE—a fully integrated, cloud-based firm management platform that includes time billing, invoicing, accounting, and project management for firms of all sizes.   Steven is a global speaker and thought leader on topics related to firm management and emerging technologies. 

 

BQE Software BQE CORE is the award-winning firm management software, created by architects for architects, that project-based firms trust to run their operations for better project outcomes, and more profitable futures. Their fully integrated suite of intuitive tools with 24/7/365 support provides back-office automation to power front-office insights, making firm management more agile, informed, and data-driven. Learn more at www.bqe.com.

 

Originally published in April 2022

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