
Who will lead your firm next?
By Ezequiel Tovar | Ownership transition is all about trust, so develop leaders early and communicate clearly to ensure lasting success.
383 results found for “finance”
By Ezequiel Tovar | Ownership transition is all about trust, so develop leaders early and communicate clearly to ensure lasting success.
This comprehensive resource provides detailed insight into the financial practices, challenges, and performance metrics of firms across the AEC industry, offering financial leaders an invaluable tool for assessing operations and planning for the future.
By Lindsay Young | Continuous investment ensures that when the market eventually slows down, your firm remains resilient and well-positioned.
By Mark Zweig | Stop procrastinating on this issue and start searching in earnest for some outside directors to help you be more successful.
By Stefanie Richter | High-performing AEC teams thrive on chemistry, clarity, and control – enabled by integrated systems that eliminate costly friction.
By Jennifer Nelson | With informed planning and strategic flexibility, AEC firms can continue to thrive and deliver, even in turbulent times.
By Ashleigh Powell | Building sustainability into an AEC firm requires passion, patience, collaboration, and a focus on business value and long-term impact.
By Sara Parkman | AEC firms remain largely committed to flexible options that benefit both firms and their employees.
By Tom Godin | Evaluating team dynamics is crucial for transforming organizational strategy into measurable results.
By Ezequiel Tovar | The decisions you make today will have monumental impacts on your next generation of owners tomorrow.
By Mark Zweig | Having little understanding of banking could result in missed opportunities for growth or thorny problems that could put your firm out of business.
By Ezequiel Tovar | Engaging with employees at all levels fosters respect, uncovers issues, and strengthens company culture.
By Mark Zweig | Successful mergers and acquisitions require an entrepreneurial mindset focused on growth, branding, and value creation.
By Mark Zweig | This person is at the core of what makes your business successful, however not all financial managers are competent.
By Brad Thurman | Empathy, clear communication, and attentive listening are crucial in building trust and improving client relationships in the AEC industry.
By Mark Zweig | AEC firms that restrict their marketing leader’s role greatly impact their success and that of the company.
By Mailena Urso | Zweig Group’s Marketing Excellence Awards showcase top creative campaigns that elevate AEC industry branding.
Domestic Transactions: 9/2/2024Civil engineering firm, Northern Engineering & Consulting (Bemidji, MN), providing land surveying, right-of-way design, GIS, site development, water, and sewer design services, joined industry leader, IMEG Corp. (Rock Island, IL) (ENR #52). Read More. 9/3/2024CLEAResult (Austin,...
By Mark Zweig | Firm owners should consider adding key employees to ownership for motivation, transition planning, and financial strength – before it’s too late.
The AEC industry’s comprehensive, data-based resource on financial performance, departments, challenges, methodology, and practices now available in Zweig Group’s online shop
By Mark Zweig | Exploring common questions – and their answers – from firm leaders about the buying and selling process.
By Mark Zweig | These four components all work in concert to make buying the business more affordable and easier to fund.
By Mark Zweig | Anything that requires human intelligence to deal with different complex human behavioral issues isn’t going to be replaced by AI any time soon, if ever.
By Mark Zweig | Leverage construction loans for AEC business real estate ownership, enhancing assets and financial health.
By Mark Zweig | There are things firm owners can do to awaken the latent entrepreneurial spirit lying dormant in some (if not all) of their people.
By Leisbel Lam | We need to be holistic, bold, and nimble in order to transform our organizations to better align with a service culture and gain a competitive advantage.
By Morgan Stinson | Reading books across a wide spectrum of topics can help you develop the skills needed to calmly and confidently tackle the challenges you face as a firm leader.
By Kyle Lawson | Modern chief financial officers have evolved from controllers to multi-faceted strategic catalysts.
Zweig Group announces applications have opened for the 2024 ElevateHER® cohort and has announced the 2024 ElevateHER® Symposium will take place March 6, 2024 in Irving, Texas.
Jerrod Hogan, CEO of OWN, Inc., discusses how his unique journey to leadership, influenced by his upbringing and a life-altering event, led him to transform his firm into an employee-owned company. This change fostered growth, client satisfaction, and...
By Ezequiel Tovar | You must consider the financials before you can fully understand what it takes for a succession plan to be feasible.
By Mark Zweig | Becoming an owner in the firm you work for means you are making a total commitment – don’t make it carelessly.
Zweig Group is the leading AEC Industry, advisory service provider. We blend industry and sector knowledge with experience across the M&A lifecycle to help you capture value for shareholders. Reach our Mergers & Acquisitions Advisory team here. ...
By Ezequiel Tovar | The four pillars of ownership transition strengthen your firm and provide a foundation for success.
By Liisa Andreassen | President of Michael Graves Architecture, an innovative architecture and design company that provide services around the world for clients in multiple industries.
By Adrian De la Garza | Insights and considerations that can help you decide if you’re ready to buy another firm.
By Will Swearingen | How does your firm’s financial performance stack up against the rest of the AEC industry?
Zweig Group is proud to announce that Adrian De la Garza, CM&AA has been promoted to advisor with the company’s Mergers & Acquisitions Advisory Group.
Venture Capital Meets Design: Exploring Opportunities with Shadow Ventures and Nick Durham "You want to be a part of building something that's really important to lots of people." - Nick Durham Get ready to...
By Mike Woeber | What really changed with the federal research and development credit for 2022 tax purposes.
Zweig Group is the leading AEC Industry, advisory service provider. We blend industry and sector knowledge with experience across the M&A lifecycle to help you capture value for shareholders. Reach our Mergers & Acquisitions Advisory team here. Domestic...
Zweig Group announces promotion of Justin Ramirez to director of mergers and acquisitions for the firm.
Zweig Group is the leading AEC Industry, advisory service provider. We blend industry and sector knowledge with experience across the M&A lifecycle to help you capture value for shareholders. Reach our Mergers & Acquisitions Advisory team here. Domestic...
Zweig Group is proud to share that Will Anderson and Adrian De la Garza have recently passed the exams to become Certified Merger & Acquisition Advisors (CM&AA) through the Alliance of Merger & Acquisition Advisors.
Zweig Group is excited to announce the addition of Keith Sequeira in the role of Director of Data Analytics, and Ying Liu in the role of Strategy Advisor, to the team. Keith is a collaborative...
By Malory Atkinson | Challenge your marketing team to think beyond proposals and begin to work to strategically impact the entire client experience.
By Mark Zweig | If you want your business to be a multi-generational enterprise, you need to recognize when it’s time to step aside and pass the reins to your successor.
By Mark Zweig | Try to keep calm, be positive, and don’t listen to pundits’ predictions about the economy.
By Mark Zweig | A few of the reasons a great, successful firm can falter and experience a fall from grace.
By Todd Perry | Lessons learned after taking a big risk to launch a new firm in an up-and-coming sector.
By Will Anderson | A few reasons this is one of the safest and most rewarding industries to be in.
By Sol Sim | It is in the interest of both the project owner and contractor to critically review risks and allocate them to the party most capable of controlling them.
Zweig Group has released the 2022 Financial Performance Report of AEC Firms. This report is a comprehensive, data-based industry resource on the financial performance, financial departments, challenges, methodology, and financial practices of AEC industry firms....
By Ted Grace | This is a cost-effective alternative for AEC leaders seeking to manage enterprise risk.
Zweig Group is the leading AEC Industry advisory service provider. We blend industry and sector knowledge with experience across the M&A lifecycle to help you capture value for shareholders. Reach our Mergers & Acquisitions Advisory team here. -...
By John Bray | There are a few things you should consider as you expect to receive an offer for your company from a prospective buyer.
By Mark Zweig | If you feel the need to diversify your business, here are some tactics to win clients in a new market when you don’t have prior experience.
By Dathan Gaskill | Our industry hasn’t done a great job of managing risk comprehensively or systematically. There’s a better way.
By Mark Zweig | There are some things you can do to “tune up” your organization structure, even if you don’t completely overhaul it.
By Kevin Johns | These five financial considerations are just a few of the measures that successful AEC firms put in place to build long-term organizational health.
Fayetteville, Arkansas (November 1, 2021) - Zweig Group’s ElevateHER™ program has opened applications for the class of 2022, a group that will work on initiatives to combat recruitment and retention issues while ensuring equal opportunities...
By Mark Zweig | The AEC industry is facing unprecedented demand for what we do. If there was ever a time to say that slow-paying clients are not acceptable, it is now.
By Liisa Andreassen | Owner of 3-Tier Alaska (Fairbanks, AK), a firm that specializes in land surveying and civil engineering in the interior of Alaska.
Engineering News-Record Top 500 firm, Adurra Group, (Tampa, FL) a consulting and engineering services to public and private entities throughout the United States has acquired and merged with Infrastructure Engineering Corporation (Poway, CA). IEC is...
By Mark Zweig | Saying you want to buy another firm in this business is one thing – actually doing it is another.
Zweig Group, a global leader in products and services to the AEC industry, announces the addition of Tom Godin to the Strategic Planning team. Prior to joining Zweig Group, Tom enjoyed a 19-year career as...
By Mark Zweig | An experienced and competent financial manager could make a huge difference in your company’s and your personal financial well-being.
By Rob Hughes | Enterprise risk management provides a formal process for firms to examine their critical risks in context, and implement cost-effective risk management and risk-financing solutions.
By Mark Zweig | Many people in this business will say they agree with this idea, yet the people doing the hiring rarely do it.
By Anne Melia | Healthy employees are more productive, have fewer sick days, fewer accidents, and are happier in their professional and personal lives.
Zweig Group, a full-service AEC management advisory firm, recently completed a search for a director of finance for THW Design, an 80-person architecture and planning firm headquartered in Atlanta, Georgia. Zweig Group was able to...
When it comes to M&A, stay flexible and remember that it takes drive, determination, and the ability to connect people and ideas to achieve remarkable results.
By Jamie Claire Kiser | Generational differences can be a powerful source of innovation and adaptability.
President and CEO Ulteig (Fargo, ND), an employee-owned engineering consulting firm with locations in North Dakota, South Dakota, Minnesota, Colorado, Montana, and Iowa.
By Jamie Claire Kiser | Despite the challenging environment, there are tremendous opportunities to be had.
By Will Swearingen | When considering a deferred compensation strategy for your ownership transition, keep these pros and cons in mind.
By Phil Keil | Recommendations for how your firm can adjust budgets and make smart investments of your money, your time, and your energy.
Montrose Environmental Group (Irvine, CA) has acquired CTEH (Little Rock, AR), a scientific consulting firm that specializes in emergency preparedness, response and recovery. Montrose partnered with funds managed by Oaktree Capital Management to finance the...
“[These tactics] can help you keep control of your business while creating a culture that leads to continued growth and success.”
Recent data shows that over 80 percent of AEC firm owners are now over the age of 50. In response to aging workforce and market demands, Zweig Group announces a cross-functional focus on mergers and...
“There are many ways to ‘cook the books’ so they show certain results. Here are some typical problems that we see showing up in the financial statements of A/E firms.”
ESOPs are becoming an increasingly common tool for succession planning among AEC firms.
Careful review of certifications with your legal counsel and insurance advisor will enable you to better address the needs of your clients and lenders.
“If you have lofty ambitions for the growth of your firm, but aren’t exactly sure of what you need to do to accomplish it, here is my best advice.”
FAYETTEVILLE, AR (January 20, 2020) – Zweig Group today announced their 2020 ElevateHer™ cohort, a special task force comprised of individuals with a commitment to promote diversity as a means to combat recruiting and retention...
“Top management is largely responsible for HR’s ineffectiveness on many levels in the typical A/E firm.”
By Will Swearingen | As owners enter the final years of their careers and ponder ownership transition, they have to make some concessions.
PRIME AE Group (Baltimore, MD) entered into a strategic partnership with long-term investment holding firm NewHold Enterprises (New York, NY). The partnership will serve to provide investment in PRIME AE’s long-term growth and success in...
It’s important to understand your business model and the various outside factors that can affect the execution of an ESOP transaction.
FAYETTEVILLE, AR (November 11, 2019) – Zweig Group’s commitment to promote diversity as a means to combat recruitment and retention challenges in the architectural, engineering, and construction (AEC) industry is realized with 2020 launch of...
A successful sustainability plan should formalize your approach for continuous improvement and help you build on what you are already doing in three key areas.
“How do you stack up in these seven areas? Is money being wasted? If so, take action now!”
When executives do too much, they might be avoiding a problem, and they can damage the firm in the process.
Surrounding oneself with the appropriate professionals, and planning accordingly, will position your company for a successful transition to ESOP ownership.
Lamar Johnson Collaborative (Chicago, IL), a design and architecture subsidiary of Clayco (Chicago, IL), announced that it will combine with Clayco-owned architecture firm BatesForum (St. Louis, MO), creating one firm of more than 240 professionals....
Survey data from Zweig Group’s 2019 Financial Performance Survey of AEC Firms indicates strong financial performance industry-wide.
Recent data indicates strong financial performance industry-wide Zweig Group’s annual Financial Performance Survey of AEC Firms, released on April 4, 2019, identified a strong positive trend in multiple key financial indicators, including profit, revenue, staff...
For S-corps and C-corps, ESOPs offer different, but significant, tax benefits to both the selling shareholder and the surviving company.
Having the ability to offer candidates participation in the ESOP may provide your company a benefit your competition cannot offer.
When you look at principals of firms in this business who are really happy and successful – who have growing, profitable companies – you’ll see certain common traits that emerge. Here are a few of...
Employee stock ownership plans are rewarding for your staff, allow for continuity, and can enhance a firm’s culture and legacy. Editor’s note: Wintrust Commercial Banking is a sponsor of the 2018 Hot Firm + A/E...
Here is your FREE ZLearning Video: How YOU can become a better Financial Manager: Accounting from A to Z Click HERE to download your outline for this course. Please save the email that you receive...
Let’s face it. While there certainly has been an increase over the years in the number of architects, engineers, and other design professionals who have had formal business education, the solid majority of firm owners...
By Jamie Claire Kiser | A meandering mission statement won’t inspire your team. If you want your employees to rally around your brand, give them something they can believe in.
The first steps in taking control of your firm’s financial success should center around the billing cycle, timesheets and, most importantly, the backlog. December 28, 2015, was the beginning of my new path as the...
An acquired firm can double your size, elevate your design reputation, and give you a foothold in a new market – if the cultures fit. Editor’s note: Design Organization was acquired by Shive-Hattery in 2012....
When it comes to our projects, we need to know as much as we can to ensure we stay on track for our firm and our clients. There’s a fine line between what we know...
By understanding the various risks associated with P3s and taking appropriate steps to manage them, A/E firms can put themselves in advantageous positions. As our nation turns to the urgent need to repair, replace, and...
Successful business planning isn’t about having a crystal ball. It’s about a culture that discusses goals, actions, and results on an open and regular basis. The end of one year and the beginning of a...
One of the problems pretty much everyone in the A/E business has is finding enough people who can not only do their technical or design work but also can do the “business” aspects of our...
Getting the information you need on how to run your business in a timely manner is an absolute requirement for survival and success in the A/E business today. As business owners this has to be...
This post first appeared as an article in The Zweig Letter, Issue 1223 Besides the fact that an external sale will typically provide the greatest financial return for A/E owners who want to transition out...
Besides the fact that an external sale will typically provide the greatest financial return for A/E owners who want to transition out of their firms, a solid majority of principals still prefer internal ownership transition....
In a hot M&A market, the opportunity to sell is there, but staying put could also be a good path to take. The activity with mergers and acquisitions is quite high. There seem to be...
Besides the fact that an external sale will typically provide the greatest financial return for A/E owners who want to transition out of their firms, a solid majority of principals still prefer internal ownership transition....
One of my theories about why A/E firms do so poorly with at-risk construction projects is we are just not equipped for the people we deal with in that “other” world. There are some bad...
They go hand in hand, and both need regular maintenance if they are to be positive. Take a look at your firm and make adjustments if necessary. A company with a great culture can, and...
You can leverage M&A to accelerate strategic shifts and implement your growth strategy, but there are plenty of risks along with the reward. While M&A is not a strategy in and of itself, it is...
Albuquerque, N.M. – Tenants of a new, build-to-suit building – Souder, Miller & Associates (SMA), one of Albuquerque’s largest engineering, environmental, and surveying firms; along with New Life City Church, a growing Albuquerque church –...
We are a bunch of conformists. It’s a big problem in the AEC business. Everyone is sitting around waiting to do what the other guy is doing. And this is precisely the WRONG course of...
The 2017 Financial Performance Benchmarking Tool is an excel based tool developed to help firm leaders make real-time decisions that impact firm performance and profitability. The 2017 Financial Performance Benchmarking Tool will help you: Compare...
CEO of Wantman Group, Inc. (#5 Hot Firm and #19 Best Firm Multidiscipline for 2016), a 310-person engineering consulting firm based in West Palm Beach, Florida. By Liisa Andreassen Correspondent “The easiest work is repeat...
Science, technology, engineering, and math are great, and adding art to the mix can elevate all of them. It’s an age-old debate: Right brain or left? Science or art? Or today’s version: STEM or the...
President and CEO of ISG (Hot Firm #58 for 2016) a 200-person architecture, engineering, and environmental planning firm based in Mankato, Minnesota. By Liisa Andreassen Correspondent With the recent acquisition of Green Bay-based Raasch Associates,...
Campaign finance laws, bid rigging, price fixing, and bribery. We hear about this with contractors, but how about design professionals? Several times each year, there is an article about some contractor being debarred or convicted...
An internal market for the company’s stock, and a company culture of ‘just get it done’ are two key drivers of the firm’s success. By Dale D. Conger CobbFendley (Hot Firm #21 for 2016) was...
In our brand new podcast format, we interview Mark Zweig, CEO of Zweig Group about an article he recently wrote in The Zweig Letter about collecting your Firms money. ( "Collect your money," Issue 1162,...
A trio of profound shifts in the A/E/P industry has made it much more difficult for firm owners to retire. As I enter my mid-50s (never thought it would happen) I have become privy to...
Complex redevelopment of a blighted area prompts team to be creative across the board – design, personnel, technology, and funding. While having a glass of wine with colleagues from New York, we reflected on the...
The subject never gets old and you can't talk about it enough. Collecting money. Architects and engineers are horrible at it! There are several reasons for this problem, including: Poor self-image. If you don't think...
Familiarity, loyalty, promotion, marketing investment, staff satisfaction, and corporate reputation – to achieve these things you must be consistent. Disney is the world’s most powerful brand. The Brand Finance Global 500 report also ranked Lego...
ACI Boland Architects of Kansas City was betrayed by an office manager who, over a decade, funneled millions into secret bank accounts. By Richard Massey Managing Editor A long-time office manager at one of Kansas...
Zweig Group’s 2016 Financial Performance Survey of Architecture, Engineering, and Environmental Consulting Firms, gives firm leaders a clear view into industry trends and financial metrics that can help firms effectively manage their resources. The best...
By Mark Zweig | Many folks working in firms in the A/E/P and environmental consulting industry don't understand commonly-used financial terminology. How can you blame them? If no one ever explained it to them you...
Zweig Group’s 2016 Policies, Procedures and Benefits Survey of Architecture, Engineering, Planning and Environmental Consulting Firms was just released on July 22, 2016. This legacy publication was updated in 2016 with the addition of data...
When positioning your firm for a potential sale, you should be prepared to talk about all facets of the organization, not just the C-suite. As an M&A consultant, I come into contact with sellers of...
‘Job Descriptions & Organizational Charts’ Offers Two AEC Resources for Price of One Fayetteville, AR – March 23, 2016 — Zweig Group’s newest managerial resource, Job Descriptions and Organizational Charts for A/E/P & Environmental Consulting...
Zweig Group Releases 2016 Valuation Survey for the A/E/P Industry FAYETTEVILLE, AR (February 1, 2016) – Zweig Group, a management consulting and publishing firm that produces comprehensive surveys for the A/E/P and environmental consulting industries,...
Annual Publication Includes Case Studies of A/E/P, Environmental Firms FAYETTEVILLE, AR – January 14, 2016 — Do you know how much your architectural, engineering, planning or environmental consulting firm is worth? If you're the leader...
Do you know how much your architectural, engineering, planning or environmental consulting firm is worth? If you're the leader of an A/E/P or environmental consulting firm, you can't risk not knowing the value of your...
Though most everyone on your team is important, there are 4 major positions that no successful firm can do without. Managing your business effectively means the business grows, makes a profit, and has good employees...
Keynote Title: Driving more ROI from your Existing IT Investments Speaker: Noah Eckhouse, VP Portfolio Development Description: Plenty of software vendors are anxious to sell CIOs and CFOs "the next great thing”; however, only a...
Jamie Claire Kiser has been hired by Zweig Group as the new director of merger & acquisition services, a rapidly growing area of Zweig Group’s business. She is experienced in financial analysis, evaluating transactions, and...
Mark Zweig offers five suggestions on how to stay out of trouble and in the black. One of the greatest challenges is keeping your business profitable. It’s easiest when you’re growing. Revenue is going up...
Being treated as a second class employee, independent of rank, is very demoralizing, Mark Zweig writes. The other day I stopped to talk with ZweigWhite’s CPA, who was meeting with our in-house accountant – a...
While the loss of a beloved BlackBerry device is a traumatic experience for Mark Zweig, change is inevitable. The last week brought a lot of change into my world. That included moving to a new...
This article first appeared in The Zweig Letter (ISSN 1068-1310) Issue # 998 Originally published 3/11/2013 Three lessons the design industry can learn from a successful auto dealership. I feel fortunate to be a consultant...
This article first appeared in The Zweig Letter (ISSN 1068-1310) Issue # 990 Originally published 1/14/2013 (Doing the same thing but expecting a different result.) I just got asked why I came back to ZweigWhite...
Press Release: October 04, 2011 FAYETTEVILLE, Ark. (October 4, 2011) – Tired of jumbled, jargon-laden “mission statements” that are filled with platitudes and megawords? A firm’s motto should embody what it is about and encapsulate...
By Ed Friedrichs Chairman, ZweigWhite As architects and engineers, we’re in a long-cycle business. That means we work on long duration assignments, often with extended start/stop cycles— waiting for a public hearing, an EIR to...
Press Release: September 14, 2011 FAYETTEVILLE, Ark. (September 14, 2011) — Architecture, engineering, planning, and environmental consulting firms that have successfully navigated through the recession have done so by walking a budget tight rope. An...
Press Release: July 26, 2011 FAYETTEVILLE, Ark. (July 26, 2011) – For many leaders in architecture, engineering, planning and environmental firms, a finance chief’s job goes beyond managing finances. When editors of The Zweig Letter...
Press Release: May 2, 2011 FAYETTEVILLE, Ark. (May 2, 2011) – Industry leader Daniel A. Cuoco will become the editor of Structural Engineer (formerly Structural Engineering & Design), effective June 1, 2011. The magazine is...
Press Release: April 21, 2011 FAYETTEVILLE, Ark. (April 21, 2011) – Population growth and an overhaul of existing infrastructure are making the civil engineering profession popular, said American Society of Civil Engineers President-elect Andy Hermann,...
Press Release: April 14, 2011 FAYETTEVILLE, Ark. (April 14, 2011) – Many design industry services are becoming highly commoditized, with builders and architects often treating certain types of engineering services as merchandise, practitioners proclaim in...
By Hobson Hogan Just as the proverbial third wheel, the statement of cash flows gets summarily skipped over by management. In earnings calls, CFOs spend time talking about sustainable earnings and strong balance sheets. Where...
Press Release: April 5, 2011 Lack of Ownership Transition Plan Puts Design Firms in Peril FAYETTEVILLE, Ark. (April 5, 2011) – A crisis could descend upon many design firms because aging baby-boomer owners have not...
Press Release: April 1, 2011 FAYETTEVILLE, Ark. (April 1, 2011) – An expected resurgence in private spending in 2011 means that diversified architecture, engineering, planning and environmental consulting firms will be better poised to benefit...
Press Release: March 28, 2011 FAYETTEVILLE, Ark. (March 28, 2011) – ZweigWhite’s first course in its new Project Management eLearning Inititative—“Managing Project Communications”—recently achieved approval by the American Institute of Architects (AIA), allowing course takers...
Press Release: March 16, 2011 FAYETTEVILLE, Ark. (March 16, 2011) — The design-bid-build delivery method may still rule the construction industry, but it is quickly loosing favor. In the March 14 issue of The Zweig...
Press Release: March 15, 2011 FAYETTEVILLE, Ark. (March 15, 2011) — Seasoned marketing professional Debbie Frederiksen has joined ZweigWhite as Director of Marketing Consulting Services, boosting the firm’s stable of expanding consulting services to architecture,...
By Tracey D. Jeffers Cash and accrual methods each have their pluses and minuses. Editor’s note: This is the second of a two-part series. In her first article (The Zweig Letter, Feb. 21, issue 899)...
By Hobson Hogan EBITDA can be measured in different ways, and confusion over it sometimes leads us to wonder if we are speaking the same language. I often hear people make statements like “I heard...
1. Buy-Side Representation ZWEIGWHITE has been focused on business management services, research and information for architecture, engineering and environmental consulting firms since 1988. As such, we are uniquely qualified to find the right business(es) to...
Press Release: March 8, 2011 FAYETTEVILLE, Ark. (March 8, 2011) — Architecture enhances people’s lives, and the emerging recognition of this effect is earning the profession newfound respect, says Clark Manus, the new president of...
Press Release: March 7, 2011 FAYETTEVILLE, Ark. (March 7, 2011) — ZweigWhite has partnered with American Council of Engineering Companies (ACEC) to produce and publish a co-branded version of the 2011 Financial Performance Survey of...
Press Release: March 2, 2011 FAYETTEVILLE, ARK. (March 2, 2011) — Legal claims over sustainability promises vs. performance of certified green buildings are beginning to mount—and so are warnings to A/E/P and environmental consulting firms,...
Press Release: February 22, 2011 FAYETTEVILLE, AR (February 23, 2011) – ZweigWhite’s new eLearning courses offer easy, convenient project management (PM) training ideally suited for today’s time-pressed, on-the-go professionals in the architecture, engineering, planning and...
Press Release: February 22, 2011 FAYETTEVILLE, AR (February 22, 2011) — Architects, engineers, project owners and others wishing to work collaboratively under a delivery method known as Integrated Project Delivery (IPD) may have a found...
By Tracey D. Jeffers One component to a successful banking relationship is having a good understanding of your financial statements. Your ability to readily and intelligently answer questions posed by a banking professional gives loan...
Press Release: February 16, 2011 FAYETTEVILLE, AR (February 16, 2011) — Management consulting, publishing and training firm ZweigWhite is pleased to announce the acquisition of Stagnito Media’s Engineering Group—its architectural and engineering resources—through a new...
Press Release: February 16, 2011 Economists are pointing to a halting recovery in the nonresidential construction sector, holding back on their earlier predictions of a recovery this year. The Zweig Letter, ZweigWhite’s weekly management journal,...
Press Release: February 8, 2011 Increasing regulation and a new focus on efficiency are turning the water market into one of the hottest commodities for engineering firms, The Zweig Letter discovers. A reinvigorated focus on...
Press Release: February 5, 2011 How firms value their enterprises has far-reaching implications that impact both the firms and their shareholders on a financial, organizational and cultural level and is, according to ZweigWhite Valuation Consultant...
Press Release: February 2 , 2011 FAYETTEVILLE, AR — Firms in the architecture, engineering, planning and environmental consulting sphere are joining the national chorus of opposition to a provision that would significantly boost tax-reporting requirements,...
Press Release: February 1 , 2011 FAYETTEVILLE, AR — Anyone who is—or wants to be—a leader in the architecture, engineering, planning and environmental-consulting fields will benefit from an MBA-style crash course offered by ZweigWhite experts...
Press Release: January 27, 2011 ZweigWhite is now accepting entries for The Zweig Letter 2011 Hot Firm List, the industry’s search for the fastest-growing architecture, engineering, planning, environmental and multidisciplinary consulting firms in the U.S....
Press Release: January 20, 2011 The 2011 The Zweig Letter Marketing Excellence Awards will recognize the most innovative and effective marketing strategies in the architecture, engineering, planning, construction and environmental consulting industry. The competition will...
Press Release: January 10, 2011 As design firms were forced to shed workers and cut costs during the recession, technology often came to rescue, a report in the Jan. 10 issue of The Zweig Letter...
Press Release: January 3, 2011 Experts are saying that constantly tracking client needs and wants and delivering relevant products is the secret for success in 2011 and beyond. Mike Phillips, a client feedback expert for...
Press Release: December 30, 2010 The down economy presents many real estate options for the small business owner; but the tight A/E/P and banking climate might prove too difficult for many businesses to grasp the...
Press Release: December 22, 2010 New Management How-To Book Helps Every Business Manager. Management From A to Zweig, Revised Edition, is the one book to own if you are serious about your firm’s success. Want...
One of the primary challenges following a merger or acquisition in the architecture and engineering industry is the integration of financial systems. It’s an extremely complex process, says Bernard Freiheit, director of financial development and...
Press Release: November 17, 2010 M&A activity is expected to accelerate in 2011 as many struggling firms look for an exit strategy and firms that are doing well look for bargains and distressed sales. “2011...
I hear the question all the time: “How can we make good project managers out of our people?” The answer— like it or not— is, “You may not be able to make good project managers...
It’s commonly said that a design or environmental firm is only as good as its staff. That’s why I always felt recruiting was so critical and one of the MOST important functions of any firm...
If you aren’t worried about your banking relationship right now, you are deluding yourself. Besides the fact that we have already had firms in our business— large firms— put out of business by their banks,...
While I have probably written about business planning in the pages of The Zweig Letter a dozen or more times over the years, it seems necessary to do so again. As you read this, A/E/P...
While accounting is widely accepted as the “language of business,” the knowledge of it in a typical architect, engineer, planner, or environmental scientist does not even reach a rudimentary level. You have to know the...
Regardless of how you feel about the results, the national, state, and local elections are now over. Yea! We can move on with our lives and get back to business. Lord knows many A/E/P and...
More and more design and environmental firms are adding outsiders to their Boards of Directors. There are many reasons for doing so but that’s not the point of this article. Instead, what I want to...
I had a lengthy e-mail exchange the other day with someone who was the top financial person in what would have to be considered a good-sized (over 200-person) A/E and environmental firm in response to...
One of the many things I have learned over the years about architects and engineers is that they are can-do, independent people. As such, they like to do everything that they can do themselves. Yet,...
After 28 years of working with architects and engineers who are either sole or part owners in their firms, I can honestly say that these folks are deficient in their knowledge of rudimentary finance and...
I am getting really tired of principals (and, in some cases, finance and accounting people) telling me that there’s no way they can do better than a 96-day, 105-day, or 119-day average collection period (ACP)...
Like it or not, most firms in this business of any size have to borrow money. Whether the firm needs the money to provide operating capital while waiting to collect accounts receivable, to finance business...
Although I have been generally getting calmer with age, I’ve found myself getting mad lately— mad at design professionals who will NOT do what they should do to build a reputation for themselves and the...
As the market softens a bit and collections are starting to stretch out, more firms are moving a little deeper into their lines of credit. That always raises the stress level for everyone in the...
I recently had the pleasure of serving as faculty advisor for three teams of students in a statewide business plan competition called The Arkansas Governor’s Cup. There were 42 very well-coached teams that submitted plans...
I was sitting in a meeting of top managers in a fairly large A/E firm the other day when the topic of candidates for their vacant HR director’s position came up. The woman who had...
It’s Sunday morning on Mother’s Day 2006. We have a lot to be thankful for in the Zweig household as my wife just bore our first, a baby girl, “Olive Josephine,” 15 days ago. As...
Every year, after we announce the winners of The Zweig Letter Hot Firm List, we get contacted by other firms wondering why they are not on the list. It’s always one of two reasons: Either...
For each of the past five years since we created The Zweig Letter Hot Firm List, there have always been readers out there who write in to ask why we are so obsessed with growth...
Let’s face it. The economy of the last couple of years has led to diminished expectations and in some cases, declining values, not just in our 401(k) plans and stock portfolios, but also in terms...
Antoine Nicholas Smith had just started feeling a little better. He’d survived some tough times recently and come out smelling like a rose. After 9/11, his firm, Jones and Stern, tanked. They were losing money,...
Jose Piranha listened to his two partners, Stephanie Straighthair and Jason Loseria, discuss how to dole out the firm’s profits in the coming year. They were sitting at their favorite table at Hugo’s, the little...
It’s the kind of question that plagues principals: Why, if their firm has spent more than $300,000 on an all-new web-based software program that is designed to integrate every single front office function, are they...
Every month or two, I end up in an office where the owners or managers of the firm are telling me that their most critical need is to have formal job descriptions for each of...
July 13th marked the thirteenth anniversary of the founding of ZweigWhite. We’ve done O.K. We’ve gone from the balloon-wallpapered playroom in my asbestos-shingled house in downtown Natick to a $200 a month office above a...
With 2001 now underway, I want to share some lessons I have learned in the last few years with our readers. These are each important issues related to your success as individuals and as firms....
With all of the employment-related pressures that firms face today, it’s getting harder and harder to figure out what you really need to pay somebody to do a given job. There are so many ways...
The amount of BS that exists out there on management and marketing for firms in our business is beyond belief. Just check out the program from the most recent American Institute of Architects (AIA) (Washington,...
Although most of our readers are unaware, 65% of our revenues here at Zweig White & Associates come from providing consulting services. We’re much more like our readers (and clients) than many folks think. That’s...
There’s a lot out there on management: books, articles, videotapes, newsletters, seminars, and more. Ditto for marketing. And negotiating. And project management. And leadership. There’s even a lot of stuff aimed exclusively at our audience—...
Let’s all hope it never happens. But as anyone with a few gray hairs can tell you, another recession can, and probably will, occur. So what are you going to do about it? Here are...
Say “strategy” to an architect, engineer, planner, or scientist and you are bound to get a negative reaction. These folks have been through all of the strategic planning meetings conducted by the management consultant of...
He’s a really nice person, a “people person.” He’s someone who deeply cares about other people. He’s a really good listener. He’s someone the employees will confide in. Does this sound like the ideal human...
I would say that most readers of The Zweig Letter work in firms that export themselves beyond their immediate local area. Although not everyone gets on a plane every week, some travel is required to...
I like the fact that The Zweig Letter has an editorial point of view. So many newsletters for this industry and others are just compilations of other, previously published articles. Or, they are so white...
At our new “Managing a Growing Firm” seminar series, which kicked off last week in Boston, a hard-driving CEO from a local area firm took exception to one of our recommendations on how to improve...
No doubt about it, all of us who are managers in an A/E/P or environmental firm have to face some tough situations from time to time. They aren’t usually “fun” decisions, or situations that give...
One of the principals of a firm I have been acquainted with for a couple of years called the other day to tell me he had just left a board of directors’ meeting where they...
There are a few firms out there that really have their act together when it comes to the finance and accounting function. But by and large, A/E/P and environmental consulting firms struggle with what should...
We’ve all either experienced it in our own firm or heard about one of our competitors going through it— what I’m referring to is a complete turnaround. Consider the case of one of our clients....
For most A/E/P and environmental consulting firms, working with a bank is a necessary part of being in business. Very few companies can get by without some sort of credit line to finance receivables or...
I hear from a lot of disgruntled people working in support roles in A/E and environmental consulting firms— (“support” meaning anyone whose primary job function does not create revenue for the firm). I know how...
Earlier this month, I was in Scottsdale for the Professional Services Management Association (PSMA) national convention— a worthwhile event that I encourage everyone to attend next year in New Orleans. I saw many old friends,...