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  • Key Financial Metrics for AEC Firms

Key Financial Metrics for AEC Firms


In this presentation, Greg shows the Architecture, Engineering and Construction senior executives how to take the data they have and turn it into data they can manage by. He shows them how to use the Simple Numbers concepts to produce reports on time and in a format that even non-accountants can read and act on. Once you have the data you need, learn the best practices and strategies of how to get your firm profitable and make an impact from being an Senior Executive.
Best for:

Senior Executives, CEOs, Directors, Principals

Difficulty:
Duration:
2.5 Hours

Learning Objectives


  1. A foolproof formula to calculate how much the senior executives and staff should be paid
  2. How to calculate and maximise labour efficiency
  3. 5 forces to drive more cashflow
  4. Financial statement comparisons between three firms to discover common mistakes and best practices

Course Modules



This subject shows you how to avoid tax surprises, charge correctly for your services and run a profitable Architecture and Engineering business.
  • 01 | Common mistakes with hourly rates and tax surprises
  • 02 | 3 keys to unlock your business potential
It can often be tricky to set targets and KPIs for the staff and management team. This subject gives you a clear framework and an easy way to calculate these numbers.
  • 01 | Getting clarity on your true numbers and true targets
  • 02 | How to remove accounting and financial distortions
This Subject takes you through the key financial metrics that senior executives need to watch in Architecture, Engineering and Construction firms, as well as the simple numbers profit and loss model.
  • 01 | They key metrics you need to watch as a senior executive
  • 02 | Simple numbers profit and loss model
Financial statements can be hard to decipher. This subject takes you through your profit and loss report and simplifies it into simple numbers to track.
  • 01 | Simplify your profit and loss report
This case study takes you from start to finish for a services business that was barely breaking even to a 21% profit margin over four years. Also learn a simple formula to determine how much management should be paid and how much staff should be paid.
  • 01 | A services business transformation over five years
Direct labor efficiency ratio is the most important metric in your Architecture, Engineering or Construction firm. Learn how to calculate and improve this number.
  • 01 | How to calculate and improve your direct labor efficiency
Cash flow is the lifeblood of your business. Learn these five forces to dramatically improve your cash flow position.
  • 01 | How to prioritize the five forces of cash flow
  • 02 | Targets to set for labour efficiency and management efficiency
Software and technology companies have unique financials, learn how to read them and what metrics to track with Research and Development.
  • 01 | Metrics for software and technology companies

Skills and Careers




Cost Estimation

These are some great careers that this course will prepare you for:

Accounting and Finance, Finance, Senior Credit Controller/Accountant

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Meet the Author


Greg Crabtree


Greg Crabtree is a speaker, author, entrepreneur and financial expert. After spending five years in regional accounting and three years as Vice President of operations/controller for a local bank, Crabtree used his entrepreneurial skills to develop Crabtree, Rowe & Berger, PC, a CPA firm dedicated to helping entrepreneurs build the economic engine of their business.

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