For Immediate Release

Profitability Expert June R. Jewell, CPA, Raises Awareness of How Corporate Culture Is Stealing Profits from Business Firms

Vienna, VirginiaApril 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.

More From the Find the Lost Dollars Blog...

Ten Business Practices That Won’t Return to Normal

Ten Business Practices That Won’t Return to Normal

I often hear people say that they are hoping we get back to normal. It feels like there is no normal anymore. Everything we used to take for granted has changed. Simple things like sitting at a restaurant and being served the food of your choice are now exciting, and...

10 Questions to Remove Uncertainty From Your Business

10 Questions to Remove Uncertainty From Your Business

The thing we all have in common right now is that it is difficult to predict the future. In my Monday AEC Crisis Roundtable meetings, the number one concern of A&E leaders right now is uncertainty. Without certainty it is challenging to develop strategy or plan...

10 Key Problems A&E Leaders are Working on This Week

10 Key Problems A&E Leaders are Working on This Week

Since this COVID-19 crisis started in March, I have been meeting with about 50 A&E leaders every Monday to discuss the new challenges they are facing in their businesses. I am thrilled at the level of participation, sharing and collaboration taking place in this...