Your Architecture Firm is Leaking Money: How to Identify Losses and Plug the Holes
Architizer is thrilled to announce the next webinar in our live series about how to run a successful architecture business — and you’re invited! We’ll be joined by Steven Burns, FAIA, Chief Creative Officer at BQE Software, as he reveals the many ways in which architecture firms tend to let money “slip through the cracks”, and provide some valuable techniques for how to maximize the profitability of your practice.
Architects can receive 1 AIA Continuing Education Credit for this event, courtesy of BQE! Hit the button below to register for the talk, which will take place at 1pm EST on Wednesday, June 8th:
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 architecture and engineering 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.
Join Steven as he shares lessons learned over 35 years working with over 1,000 A&E firms!
Learning Objectives
In this webinar, you’ll learn how to:
- Explain the importance and informativeness of a perfectly organized Chart of Accounts
- Identify each of your firm’s profit centers and the KPIs that measure their performance
- Determine which technology plays an integral role in every healthy firm
- Assess how simple it can be to turn your firm into a profitable, elegant enterprise
About Steve
Steven Burns is a member of the College of Fellows of the AIA and Chief Creative Officer of BQE Software. After receiving his Master of Architecture degree from the Harvard Graduate School of Design, Steve spent 7 years at SOM – working in Chicago, London, and Berlin before founding his own firm, BBA Architects in 1993. In 2007, Steve sold BBA to pursue his passion for business management software — starting with his creation of ArchiOffice. Steve is now focused on the product development of BQE CORE ARCHITECT, 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.
About Paul
Paul Keskeys is Editor in Chief at Architizer. Paul graduated from UCL and the University of Edinburgh, gaining an MArch in Architectural Design with distinction. Paul has spoken about the art of architecture and storytelling at many national industry events, including AIANY, NeoCon, KBIS, the Future NOW Symposium, the Young Architect Conference and NYCxDesign. As well as hundreds of editorial publications on Architizer, Paul has also had features published in Architectural Digest, PIN—UP Magazine, Archinect, Aesthetica Magazine and PUBLIC Journal.