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Finance for Architects

11th October 2018 @ 6:30 pm - 8:30 pm

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One event on 18th October 2018 at 6:30 pm

During periods of uncertain demand or rapid growth, maintaining a healthy cash flow and turning a profit can be particularly challenging. Managing finances is a crucial component of running a successful architectural practice, yet it is a much misunderstood and over looked area of business.

Participants of this practical and interactive workshop will get a better understanding of their financial accounts and tips on how to instil the disciplines and measures to increase practice profitability.

Workshop Part 1: Knowing Your Numbers

  • Demystifying your business accounts: the profit & loss account, the balance sheet, the difference between profit and cash.
  • Making investment decisions: understanding return on investment and how to create financial scenarios.

Workshop Part 2: Managing Your Numbers

  • Operational finance: best practice examples on how to manage financial performance
  • Building a commercial mindset: leadership behaviours and tips to increase profits and improve cash flow.

Details

Date:
11th October 2018
Time:
6:30 pm - 8:30 pm
Website:
https://www.museumofarchitecture.org/financeforarchitects-605957.html

Venue

Build Studios
203 Westminster Bridge Road,
London, SE1 7FR United Kingdom
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Phone
0203 897 1999
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