For Immediate Release
Profitability Expert June R. Jewell, CPA, Raises Awareness of How Corporate Culture Is Stealing Profits from Business Firms
Vienna, Virginia– April 26, 2013
A company’s corporate culture could be its own worst enemy, according to profitability expert June R. Jewell, CPA. The core values and beliefs of your workforce can adversely affect your bottom line. The key is being aware of costly culture traps that are holding your business back. If management is not aware of cultural beliefs of employees, they can turn a blind eye to contracts, budgets, and other project management best practices that affect profitability.
“The culture of your firm directly impacts your profitability. How you look at money, deal with your financial management, and manage your staff directly translates into policies, processes and behaviors that cause projects to go over budget. Without a healthy focus on profit, an owner may find it difficult to grow the business.” June R. Jewell, CPA, Author
In her new book, Find the Lost Dollars: 6 Steps to Increase Profits in Architecture, Engineering, and Environmental Firms, June exposes the ten cultural traps that are stealing profits in many businesses. She reveals where money is hiding in the corners of your firm, if management knows where to look. Her book reveals the basics of running a good business, from marketing to client relations, and from cash management to computer systems.
Over 28 years of business management consulting experience, June has seen firsthand how culture cuts into profitability. Some of the culture traps discussed in her new book include:
- Why it’s critical to balance quality with budget
- The importance of setting client expectations
- How taking a low bid project cuts your profitability
- How demanding clients adversely affect employee morale
- Why time and materials contracts may be costing you money
For more information about Find the Lost Dollars: 6 Steps to Increase Profits in Architecture, Engineering, and Environmental Firms please visit www.findthelostdollars.com.
ABOUT THE AUTHOR
June R Jewell, CPA, is a widely recognized authority on profitability for project based businesses, such as architectural, engineering, and environmental firms. She is the President and CEO of Acuity Business Solutions. June has helped hundreds of companies in the A/E/E industries achieve accelerated growth and sustained profitability. Using a breakthrough collaborative methodology, she helps businesses improve processes, create smart systems, and drive effective execution for improved business performance. For more information on her programs and consulting visit www.findthelostdollars.com
Media kits, review copies & interviews available on request.
Interview June R. Jewell, Author, Speaker, Profitability Expert http://www.findthelostdollars.com
Sign up for free profit building business tips at June’s blog: http://www.findthelostdollars.com
Cash is King Webinar
Managing Cash Flow in a Down Economy
Date: Wednesday, August 19th, 12:00pm ET
The average days to collect cash in the AEC industry is between 60 to 120 days. In this web training we will examine the complete project lifecycle to understand how cash flow can be increased when the economy is uncertain. Participants will gain valuable tips to improve cash flow by improving timesheet practices, reducing the billing cycle, and improving client relationships and collection practices.
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