Financial Management for Design Professionals: The Path to Profitability

You don't need to be a financial wizard to ensure the future success of your design firm! An accessible guide to financial management, Financial Management for Design Professionals is for mid-career design professionals looking to advance their careers but who have little or no financial management experience. Using a simple, step-by-step format, this book shows design professionals how to: - Develop an annual budget and profit plan- Calculate the overhead rate for a firm- Calculate the break-even rate and hourly billing ... Read More

You don't need to be a financial wizard to ensure the future success of your design firm! An accessible guide to financial management, Financial Management for Design Professionals is for mid-career design professionals looking to advance their careers but who have little or no financial management experience. Using a simple, step-by-step format, this book shows design professionals how to: - Develop an annual budget and profit plan- Calculate the overhead rate for a firm- Calculate the break-even rate and hourly billing rate for each employee - Establish project fees- Use readily available financial information in successful negotiation- Design and interpret financial reports- Plus: clear explanations of the fundamentals of financial management! Read Less