Financial Management for Design Professionals: The Path to Profitability

Financial Management for Design Professionals: The Path to Profitability by Tardif, Michael. paperback edition. ISBN: 9781419583315.

You don’t need to be a financial wizard to ensure the future success of your design firm! An accessible guide to financial management, Building a Sustainable Design Firm 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!