Vienna, VA (PRWEB) May 28, 2013
Many businesses arent aware that there is money hiding in a company, and that corporate culture may be negatively affecting the bottom line. June R. Jewell, profitability expert, exposes the ten cultural traps that are stealing profits from businesses in her recently published book, Find the Lost Dollars: 6 Steps to Increase Profits in Architecture, Engineering, and Environmental Firms.
A companys corporate culture could be its own worst enemy, says Jewell, and can keep a business from moving forward. Her book dives into the basics of running a good business, from marketing and client relations, to cash management and computer systems.
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, says Jewell.
With over 28 years of business management consulting experience, Jewell 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 a companys profitability
How demanding clients adversely affect employee morale
Why time and materials contracts may be costing you money
Find the Lost Dollars: 6 Steps to Increase Profits in Architecture, Engineering, and Environmental Firms is available on Amazon as hardback, paperback, and Kindle book. For more information, please visit http://www.findthelostdollars.com.
ABOUT THE AUTHOR
June R. Jewell is a widely recognized authority on profitability for project-based businesses, including 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, please visit http://www.findthelostdollars.com.