Cash is King: Managing Cash Flow for Growth and Profit

Earn 1 AIA LU

The average days to collect cash in the AEC industry is between 60 to 120 days. In this training, we will examine the complete project lifecycle to understand how cashflow can be increased or decreased. Participants will gain valuable tips to improve cashflow by improving timesheet practices, reducing the billing cycle, and improving client relationships and collection practices.

Learning Objectives

• Summarize how cashflow is held up in a typical A&E firm
• Reduce the days from work to cash
• Develop new best practices that will have an impact on cashflow right away
• Improve timesheet and invoicing practices

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  June R. Jewell, CPA

  President

  AEC Business Solutions

  June R. Jewell, CPA

  

  June R. Jewell, CPA, is a leading business management expert, guiding architecture and engineering firm leaders to top industry profits by improving culture, processes and systems, and ensuring leaders, project managers, and employees are trained for high performance. She is the author of the best-selling book, Find the Lost Dollars: 6 Steps to Increase Profits in Architecture, Engineering and Environmental Firms. June is the CEO of AEC Business Solutions, providing business assessments, training programs, workshops, and process improvement services to stop projects from leaking profits and find lost dollars in nine areas of business. June’s new book, RAISE Your Value, available in Fall 2022, prescribes a five-step process to uncover hidden value, design a winning competitive advantage, and increase fees. You can learn more about June and her team at www.aecbusiness.com.

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  Aaron Seward

  Editor in Chief

  The Architect's Newspaper

  Aaron Seward

  

  Aaron Seward is Editor-in-Chief of The Architect’s Newspaper. Seward is an award-winning editor whose career has centered on interpreting architecture for the profession and the general public. He was editor of Texas Architect magazine for six years and prior to that held several positions at AN, including executive editor. In addition to those publications, Seward’s writing on architecture, culture, and the built environment has appeared in Architect, Curbed, Domus, Metropolis, and other publications. He has a BA in Literature, Writing and the Arts from The New School for Social Research.