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Let's begin this month by reviewing some basic financial concepts and benchmarks.
For the past few months we've been focusing on planning - but sooner or later you're going to have to build something in order to earn that income you're planning for.
Budgeting for your marketing, sales, and project starts
Take some pain out of the yearly exercise of creating your jobs budget
Although they represent different eras in Maryland's growth, Ellicott City and Columbia drive Howard County's economic and real estate development.
Here's an effective way to organize and categorize expenses and job-cost data and compare the results with your forecasts.
Knowing how many jobs you need to complete and collect for on a monthly and quarterly basis is critical to meeting the financial goals you set for the period. But how do you know on a week-by-week — or even day-by-day — basis whether your jobs are moving you toward the goal line?
Take a look at your “break-even volume,” which is the bare-minimum volume of work that you need to complete (and get paid for) in order to keep your doors open.
Home to many financial companies, Wilmington has been hit particularly hard by the recession. But local architects aren't completely without hope.
Managing by the numbers
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