Business of Architecture Podcast

Top Financial Management Mistakes of Small Architecture Firms

July 7, 2015

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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