PSMJ's Circle of Excellence: 2016 Best Practices Benchmark Summary
The top-performing firms in the architecture and engineering industry are not only achieving greater than 35% profit, but they are also collecting on their invoices in under 50 days and they have the lowest overhead rates in the industry!
How? Many are consistently benchmarking for performance, which is essential to understanding how your firm compares to peers within the industry. The top-performing firms have raised the bar as a result of top-notch business practices, and now you can compare your firm to the best in architecture and engineering!
PSMJ's Circle of Excellence: 2016 Best Practices Benchmark Summary is a compilation of the results for those firms that represent the top 20% of the participants in PSMJ's annual A/E Financial Performance Benchmark Survey Report, also referred to as the Circle of Excellence. This exclusive group includes firms of all sizes, practice areas, and geographic locations – they represent a cross section of the A/E industry today – and they are achieving outstanding success!
“Best practices benchmarking takes it to the next level by comparing your firm to the top-performing firms in that industry,” says Kate Allen, P.E., Director of PSMJ’s A/E/C Industry Surveys. “Your passion may be your practice, but in today’s economy top‐notch business practices are critical for sustainability.” This 22-page report includes data comparisons from the 10th to 90th percentiles for each of the 13 metrics used to determine the Circle of Excellence members, who have demonstrated outstanding achievements in profitability, overhead, cash flow, productivity, business development, staff growth, and turnover.
PSMJ's 2016 CIRCLE OF EXCELLENCE
PSMJ is thrilled to announce this year's members of the 2016 Circle of Excellence. Congratulations to 64 exceptional firms that have risen to the top this year!
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Publisher: PSMJ Resources, Inc.
Date Published: 2016
Number of Pages: 21 pages
Availability: In Stock