The Tip Jar
Julie Ginn is Marketing Director at Axium, a software development company specializing in accounting, project management and business development software solutions for the architectural and engineering (A/E) industry.
Tap into the Hidden Profitability Potential of Your Staff
July 31st, 2013 by Julie Ginn
Through good or bad economic times, one of the equations that contribute to business success for professional services firms remains the same: optimizing utilization = increased profitability. While the math may be simple, the realization of this potential can be a lot more challenging.
This Friday, Axium and PSMJ are hosting a free 30-minute webinar titled, “5 Great Ideas to Better Manage Your Firm’s Utilization.” In this fun, interactive presentation, you will learn how utilization and the direct labor multiplier correlate with profit, why it’s important to focus on both at the same time and how small changes can have a huge impact on revenue.
Webinar host Kate Allen, Director of AEC Industry Surveys at PSMJ, will be sharing stories from other firms’ successes and ideas you can use to make sure your employees are fully utilized. For those of you who don’t know Kate, she manages PSMJ’s Circle of Excellence program and has unique insight into what utilization should be according to industry benchmarking.
The webinar’s free and it’s only 30 minutes. Hope you can join us!