Business Of Architecture Podcast

Top Financial Management Mistakes of Small Architecture Firms

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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.