Top Financial Management Mistakes of Small Architecture Firms

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.