Average net profit for 2015

Scrolling through PSMJ’s website I found an article about A/E Profit Margins and how these margins have been on the rise for the three consecutive years. 2014 saw average profits of 14.3%, the highest they have been in six years.  While this is good news, I don’t get too excited about a 14.3% net profit and prefer to […]

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Reviewing Insurance Coverage

When was the last time you reviewed your insurance coverage’s? We all know it is a pain in the butt to meet with different providers when looking at either health insurance or liability insurance. However, failure to do so on an annual basis can cost you either hundreds or thousands of dollars in higher premiums. […]

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Billing Reimbursable Items

When billing reimbursable expenses there is a chance that a client, from time to time, might dispute one of your reimbursable expenses and hold up paying the invoice until the dispute is resolved. A client of ours once had an invoice where the design fees represented about $60,000 on the invoice and the reimbursable expanses […]

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Key’s to a Successful 2015

2015 is here and so are New Year’s resolutions. There are the typical lose weight, save money and volunteer more, but what about for your business? Have you set any initiatives for your business for the new year? I was scrolling through the Zweig Group’s blog and came across “Keys to success in 2015”. Setting goals for […]

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Project Data – Your Institutional Memory

As your firm goes through time you work on more and more projects with a wide diversity of requirements, features and challenges. Before you know it you have a history of projects with all kinds of useful information that can be used as a firm resource. This experience is used to win new work, to […]

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A Day in Winnipeg

From the desk of Doug Rawson, PE – founder of Base Builders. I recently spoke at the 2014 Festival of Architecture in Winnipeg, Canada. This annual conference is put on by the Royal Architectural Institute of Canada. My session was all about business and practice management ideas. Principals for managing a business cross all borders […]

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