How to Create a Flexible Financial Model for Your Small Architecture Firm
LIVE – SEPT. 28, 2022 at 1pm EST
Earn 1 AIA LU or 1 LA PDH
This live webinar is free to advance registrants. The recorded webinar will be available for future purchase.
How does your firm plan for revenue and expenses? Do you keep track of your expenditures relative to the fees you are bringing in? If you are “winging it” without a ProForma, you may be placing your firm at risk for cash shortfalls...or worse. Developing a simple, accurate ProForma worksheet gives firm leaders a tool that can help you adjust your budget based on expected and actual revenue. In this workshop, CVG’s CEO, Todd Reding, will show you how to build a custom ProForma worksheet that gives firm leaders greater control of your overall financial picture.
LEARNING OBJECTIVES
Learning Objective 1
Understand the basic components of a financial ProForma worksheet, and its value as a management tool.
Learning Objective 2
Learn how to break down incoming revenue and outgoing expenses correctly by category, including the (often incorrectly-used term) “Cost of Goods Sold.”
Learning Objective 3
See how past revenue and expense tracking informs future revenue and expense predictions. View industry standards for percentages of expenses dedicated to basic categories.
Learning Objective 4
Learn basic budgeting techniques that will help you make fast expense adjustments to keep your firm in the black. Additionally, see typical expense allocations for small architecture firms to help you make smarter purchasing decisions.
CVG PRESENTER
Todd L. Reding, CEO and Partner
AIA Continuing Education Provider
Practice of Architecture
Provider No. 404109620
Approved Course No. 5
This course is 1 LU|Elective
AIA CES PROVIDER STATEMENT
CVG is a registered provider of AIA-approved continuing education under Provider Number 404109620. All registered AIA CES Providers must comply with the AIA Standards for Continuing Education Programs. Any questions or concerns about this provider or this learning program may be sent to AIA CES (cessupport@aia.org or (800) AIA 3837, Option 3).
This learning program is registered with AIA CES for continuing professional education. As such, it does not include content that may be deemed or construed to be an approval or endorsement by the AIA of any material of construction or any method or manner of handling, using, distributing, or dealing in any material or product.
AIA continuing education credit has been reviewed and approved by AIA CES. Learners must complete the entire learning program to receive continuing education credit. AIA continuing education Learning Units earned upon completion of this course will be reported to AIA CES for AIA members. Certificates of Completion for both AIA members and non-AIA members are available upon request.
CANCELLATION POLICY
If this is a paid webinar, and you are unable to attend, you must send a notice of cancellation to sarah@charrettevg.com at least three business days prior to the event date in order to receive a full refund. Late cancellations will be charged in full.
ATTENDANCE POLICY
In order to receive CEU credit for the specified Learning Units (LUs), attendees must:
Attend at least 50 minutes per 1 hour webinar
Complete the post-session evaluation providing their AIA member number
Certificates of completion will be provided to attendees upon request.
ASLA LA Continuing Education Provider
Approved Course No. CVG005
This course is 1 LA PDH
ASLA CES PROVIDER STATEMENT
CVG is a registered provider of ASLA-approved continuing education. All registered ASLA CES Providers must comply with the ASLA Standards for Continuing Education Programs.
This learning program is registered with ASLA CES for continuing professional education. As such, it does not include content that may be deemed or construed to be an approval or endorsement by the ASLA of any material of construction or any method or manner of handling, using, distributing, or dealing in any material or product.
ASLA continuing education credit has been reviewed and approved by ASLA. Learners must complete the entire learning program to receive continuing education credit. ASLA continuing education Professional Development Hours earned upon completion of this course will be reported to ASLA. Certificates of Completion are available upon request.
CANCELLATION POLICY
If this is a paid webinar, and you are unable to attend, you must send a notice of cancellation to sarah@charrettevg.com at least three business days prior to the event date in order to receive a full refund. Late cancellations will be charged in full.
ATTENDANCE POLICY
In order to receive CES credit for the specified PDHs, attendees must:
Attend at least 50 minutes per 1 hour webinar
Complete the post-session evaluation providing their ASLA member number
Certificates of completion will be provided to attendees upon request.