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438: Key Financial Metrics for an Architecture Firm with Hugh Glazer

Business of Architecture Podcast

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How to Track Cash Flow Break Even

I think it's important one of the things that comes out of capacity planning exercise and your target profit is you're going to have a target multiplier so when you say I want a 250,000 dollar profit you want to compare that to what your base payroll is. You can start seeing how you're tracking you know on a month to month basis but also there should be sort of a post-mortem where you in the project team reviews how the numbers worked out. And yeah I hope that because they got a higher skill level they will get it done quicker hopefully more accurate against the less junior person but you have to be measuring that too. The most experienced people aren't always best deployed doing something

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