Cost Management Masterclass for SMEs in Architecture and Interior Design
Event Information
About this event
Cost Management Masterclass for SMEs in Architecture and Interior Design - Online Workshop with Q&A
ABOUT THE EVENT:
We are hosting a free online 60 min workshop with Q&A on 19 May 2021, 10.00-11.00 am BST.
We will share our tried and tested ideas on how to manage costs and monitor project profitability for architecture and interior design businesses.
Places are limited to 15 participants to make the most of the interactive part of the session and to allow personalised responses to questions.
SESSION CONTENT:
We will answer the following questions:
- What is an ideal and a benchmark for project gross margin, and how to monitor it for each project?
- Which financial and operational data and reports help with making decisions and how?
- What are the profit drivers of an architecture and interior design business and which data helps with monitoring them?
Each participant will be offered a business control assessment to identify areas where they are more or less able to increase control over their business now and in the future.
“Adina untangled my numbers. She was able to break down and interrogate all my costs and income. This resulted in an accurate cash forecast and pipeline and meant we could find efficiencies which has saved me money. Her input has been invaluable. I have transparency and financial control now." Louise Turley, FT Architects
Organiser Profitable Insights Ltd
Organiser of Cost Management Masterclass for SMEs in Architecture and Interior Design
Helping SMEs improve their finance for profitability through financial and operational data analysis.
Profitable Insights help SMEs improve their finance for profitability
through financial and operational data analysis.
We offer re-constructing income statements using profit drivers and KPIs to monitor the growth and strategy of the business. Our services include data analysis and patterning for sales, customer churn, employee turnover and employee utilisation rate.
We configure easy-to-use spreadsheets that show the status quo, with problems areas and actual achievements. This allows directors to make informed decisions, safeguarding their businesses against revenue leakage. It will also help to protect their brand and grow exponentially.
