Are you leading from the right place?
By Brandon Pinkerton | Your leadership impact is shaped by aligning your platform, message, and the audience you are intentionally trying to reach.
1239 results found for “interests”
By Brandon Pinkerton | Your leadership impact is shaped by aligning your platform, message, and the audience you are intentionally trying to reach.
By Andy Cushman | When firms show up authentically for causes they believe in, goodwill follows, and so do lasting business relationships.
By Will Swearingen | A new era of AEC growth is emerging, driven by value creation and strategic expansion.
By Brad Wilson | ESOP success in AEC firms depends on financial discipline, clear governance, and treating employee ownership as a lasting cultural investment.
By Liisa Andreassen | President and CEO of Cedarville Engineering Group (Pottstown, PA), a civil and environmental design-build firm that delivers value through innovation.
The 2025 AEC Innovator Award, presented in partnership with KP Reddy Co., is the first and only innovation assessment and award for AEC companies.
By Morgan Stinson | AEC firms that focus on fostering genuine client relationships build trust, loyalty, and long-term success.
By Janki DePalma | Extroverts can create meaningful connections by observing cues, balancing conversation, and actively listening.
By Mark Zweig | Success in AEC hinges on guiding clients toward actions that align with their best interests.
By Mark Zweig | The ElevateAEC Conference in Tampa energized attendees, fostered invaluable connections, and showcased industry potential and success.
By Alec Russell | M&A activity in the AEC industry surged in 2024, driven by private equity, regulatory investments, and strategic acquisitions.
By Chad Coldiron | Takeaways from Zweig Group’s 2024 ElevateAEC Conference & Awards Gala.
This report details some of the biggest trends and movements regarding M&A activity in the AEC industry as of the end of Q3 2024.
By Lalitha Benjaram | Committees are an efficient way for young professionals and newer employees to meet other team members and develop a strong connection to their organization.
By Ezequiel Tovar | These are vital instruments for AEC companies to ensure smooth transitions and business continuity.
By Mark Zweig | Here are some ways your CEO could be even more helpful to your company than they already are.
We're thrilled to bring back one of our most downloaded episodes on The Zweig Letter Podcast! In this popular episode, host Randy Wilburn sits down with Burke Pemberton, the Chief Financial Officer of Stok, a...
By Hanbury | One firm’s rebranding reflects its growth, commitment to thoughtful design, and emphasis on storytelling through a collaborative and evolving identity.
By Westwood | Lessons learned and outcomes from the initial exploration through the process, and advice for firms looking to pursue an acquisition.
By Liisa Andreassen | President of TreanorHL (Lawrence, KS), a full-service architectural firm with a purpose of creating places and experiences that make people’s lives better.
This report details some of the biggest trends and movements regarding M&A activity in the AEC industry as of the end of Q1 2024.
By Tyler Suomala | Losing out on a bid could present you with an opportunity to turn a “not this time” into fuel for your pipeline and processes.
By Shirley Che | Engaging with cultural holidays in the workplace requires genuine interest, education, and inclusive celebration.
By Matthew Douglas | We must adapt or we could miss out on an opportunity to transform the future of the AEC industry.
By Mark Zweig | Leverage construction loans for AEC business real estate ownership, enhancing assets and financial health.
New focuses align with evolving AEC needs, including AI, tech, and small business growth.
Zweig Group, announces its annual survey on firm value, the 2024 Valuation Survey of AEC Firms, is open for participation. This survey collects information on architecture, engineering, planning, environmental, construction, and related industry firms that have...
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 Shirley Che | A spotlight on progress and valuable resources for workplace diversity, equity, and inclusion initiatives.
By Travis White | The benefits that come with being a growth-focused firm far outweigh the risks.
By Andy Chavez | We’re seeing increasing M&A activity in AEC industry, rising private equity involvement, and growing demand for infrastructure-related sectors.
By Miles Gullingsrud | When leaders take the time to invest in the development ambition of staff, they can create a system that supports people’s personal and professional sustainability.
By Chad Coldiron | AEC firms must offer variety, identify employee interests, and create a positive work environment to retain top talent.
This report details some of the biggest trends and movements regarding M&A activity in the AEC industry as of the end of Q1, 2023.
By Mitch Fortner | To be effective over the long-term for an organization, our personal ambition must be grounded in mutual respect, collaborative teamwork, and integrity.
By Mark Zweig | Private equity firms that used to have no interest in AEC are now putting their money into companies in our industry.
By Liisa Andreassen | President of Grace Hebert Curtis Architects, an architecture and interior design firm that is still experiencing substantial growth in size and reputation after more than 50 years.
By Kollan Spradlin | A broader view of client objectives allows us to add value and, in some cases, recategorize isolated projects into stepping stones that line the path to the client’s ultimate goal.
By Lauren Rhodes Martin | Small, medium, or large, firms of every size should have a regular process in place for collection of their fees.
By Andy Chavez | Some of the best practices that the most experienced buyers in our industry employ to get deals across the finish line.
By Mark Zweig | Try to keep calm, be positive, and don’t listen to pundits’ predictions about the economy.
By John Bray | There is no perfect buyer or seller in the marketplace, but how do you attract the best possible partner?
By Liisa Andreassen | Founder, design principal, and CEO at Snow Kreilich Architects (Minneapolis, MN), a nationally recognized, award winning architectural studio.
By Phil Keil | Firms with purpose driven leadership have tangible benefits and more successful outcomes.
By Andy Chavez | Who are these private equity extraterrestrials, what do they want, and how long will they be here?
By Josh Blair | This intriguing and fulfilling career path leads to new experiences, new opportunities, and new ways to expand your skills every day.
By Roger Marquis | It’s in your project’s best interest for you to pay special attention to this person and find ways to get to know them better.
By Andy Chavez | What characteristics are highly desirable to buyers in the AEC industry right now?
By Mark Zweig | Our industry is one of the best places for anyone to build a career, and we owe it to our children to expose them to the work we do early.
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 Russell Moorehead | Tips to help you get more comfortable with meeting people, building relationships, and winning work.
By Jane Lawler Smith | When it comes to our clients, employees, and brand, are we competing like AEC professionals or acting like Family Feud contestants, simply guessing at answers?
Zweig Group, announces its annual survey on firm value, the 2022 Valuation Survey of AEC Firms, is open for participation. This survey collects information on architecture, engineering, planning, environmental, construction, and related industry firms that...
By Mark Zweig | You’ll never be able to eliminate uncertainty, but there are some things you can be sure of. Keeping these in mind will help you be ready for what lies ahead.
By Corey Fenwick & Andrew Chakmakjian | Networking is a key part of any business – no matter the industry – because it can lead to a new job, experience, or business for your firm.
By Mark Zweig | Being retired from the day-to-day business for nearly three years gives you more time to think.
By Shibani Bisson | Biases and self-image issues can dampen girls’ interest in STEM from a young age, but the AEC industry can take action to change this trend.
FAYETTEVILLE, Ark. (Wednesday, May 5, 2021) – The impact of 2020 evident in cash positions, equity value/book value, and increase in ownership transition activity. Zweig Group recently released the 2021 Valuation Report of AEC Firms,...
Develop a muscle memory around follow through and follow up to get ahead in the business development game.
By Mark Zweig | Firms that can quickly fill any opening with excellent people have a major advantage over their competition in any market.
Kit Miyamoto, global CEO of Miyamoto International, talks about his origin story, how he started Miyamoto International and Miyamoto Relief, and his desire to make buildings worldwide stronger, safer, and earthquake resistant.
By Sara Parkman | Improved representation improves our ability to problem-solve, to be strategic with our strengths, and to think critically and comprehensively about topics.
By Wendy Culver | ERGs to get your people involved to make changes from the heart of your organization, rather than being imposed from the top down.
By John Bray | Approachable steps you can take to prepare for a potential acquisition down the road, and why it’s never a bad idea to take them.
By Anne Melia | Healthy employees are more productive, have fewer sick days, fewer accidents, and are happier in their professional and personal lives.
By Mark Zweig | Firms in this business are quickly sorting themselves into two categories – those that are doing better than ever post-COVID-19, and those that are doing worse.
By Justin Ramirez | Nothing is as certain as death and taxes. But an owner’s retirement can be, too. If done correctly, an owner’s retirement and its benefits can be just as certain as death...
By Mark Zweig | None of these is a panacea. All of these things do, however, have the potential to bring you new clients, opportunities, and projects.
Asking questions is a critical skill if you want to understand and anticipate your clients’ needs.
By Christina Zweig Niehues | Their characteristics, differences from their male counterparts, and how to create an environment that fosters women leaders.
You have to keep the blade sharp through the long process of making key connections, educating oneself, and repeatedly rising to the challenge.
It’s important to understand your business model and the various outside factors that can affect the execution of an ESOP transaction.
"Doing these 20 things will only make you more effective and your company more successful. And none of them are difficult, so go to it!"
Untimely events, like the unexpected death of a firm leader, can and do happen. Is your firm ready?
There’s plenty of things, from the simple to the complex, that project managers can do to engage the important people in their database.
Sadly, fewer and fewer of us are interested in developing writing, speaking, or other communication skills as a significant professional goal.
“Square peg for a round hole? No thanks! My first preference is square pegs in square holes!”
President and founder of Calibre Engineering, a national civil engineering firm based in Highlands Ranch, Colorado.
“There’s a lot to know about your people. And we have to keep updating this information because your people are constantly changing.”
By Phil Keil | People need something to rally behind. Identifying a mission for your firm is more than just a box to check when creating a strategic plan.
Is your firm an investment value candidate? If you’re looking to sell, this is the level of value at which you have the most opportunity to maximize your exit.
By Kyle Ahern | Employees at AEC firms say they need ample opportunities to learn and train. My advice is to give them what they’re asking for.
“Why do people lose interest in their own businesses and, perhaps more importantly, what can you do to keep this from happening?”
President, Choice One Engineering Corp. (Best Firm Civil #2 for 2018), a 45-person firm based in Dayton, Ohio. By Richard Massey Managing Editor “Work-life balance is a phrase thrown around a lot, but we believe...
There are multiple considerations to be made when valuing a privately-held company and the assessment of the many moving parts. The valuation of privately-held firms, including those in the AEC industry, will usually involve discounting...
People have passed down their history and culture through the telling of stories for millennia. Why not do the same for your firm? I have the unique experience of working for KSA – except for...
Would you like to write for the AEC industry’s leading management newsletter? The Zweig Letter is looking for contributors throughout the org chart, from CEOs to project managers, from those in technical roles to those...
By Kyle Ahern | When I think about the people our society considers stars, I think of actors and athletes, not architects and engineers. That needs to change.
We just finished our 19th annual Hot Firm + A/E Industry Awards Conference. It was in Dallas this year, and based on what we heard from attendees, was one of our best ever! We had...
Tax consultancy looks at people, not just price and product, to develop new business while serving existing clients. Editor’s note: Corporate Tax Advisors, Inc. is a sponsor of the 2018 Hot Firm + A/E Industry...
Non-creatives have to understand and respect what marketers do, or we run the risk of demotivating those who are critical to our success. A recent study by InSource reported that “Creative professionals are being asked...
There are a few ways to transition out of your firm. The internal transition is popular because it has great value and keeps the firm going. At some point in every A/E firm owner’s business...
Randy Wilburn had a chance to sit down and talk with architect and journalist Murrye Bernard from Architect Magazine. Murrye had a lot to share on the podcast about the pros and cons of licensure....
Randy Wilburn had a chance to sit down and talk with architect and journalist Murrye Bernard from Architect Magazine. Murrye had a lot to share on the podcast about the pros and cons of licensure....
At some point most of us in the A/E business come to realize that “close” only counts in horseshoes and hand grenades. That certainly applies to winning projects that you go after! I’ve worked on...
Editor's Note: This article was written by Mergermarket, the leading provider of forward-looking M&A intelligence and data to M&A professionals and corporates around the world. by Deborah Balshem in Fort Lauderdale JLG Architects, an employee-owned...
Des Moines, Iowa (December 11, 2017) – The Greater Des Moines Partnership and the Des Moines Business Record awarded Shive-Hattery as the Best Workplace for Young Professionals. With over half of its employees under the...
Can project owners be the judge of disputes? Of course they can, especially if the contract clause allows for judicial review. We’ve heard children ask parents to explain their decisions, only to get this response:...
In this episode, Randy Wilburn had the chance to speak with Will Swearingen, director of R&D at Zweig Group, about AEC industry data and all of the surveys produced at Zweig Group. Will and his...
The non-disclosure agreement is an important piece of any M&A transaction, so make sure it gives you the protections you need during and after negotiations. In the dynamic world of M&A there are a few...
FAYETTEVILLE, Ark. (July 25, 2017) –Zweig Group’s 2017 Operating Expenses Survey provides a comprehensive view of the largest line items that impact an architecture, engineering, planning, or environmental firm’s overhead, including human resources, marketing, IT,...
If you’re looking to sell, it’s critical you attract the right buyers with a detailed yet concise overview of your firm. The M&A transaction “teaser” is the first document that a prospective buyer will review...
By Richard Massey Managing Editor It started with a Volkswagen, a traffic light, and a ticket in Beaverton, Oregon, back in spring 2013. Mundane enough. But enter Swedish-born Mats Jarlstrom, the Oregon State Board of...
In this episode of The Zweig Letter podcast, Randy Wilburn talks to Mark Zweig, founder and chairman of Zweig Group, about what he learned about mergers and acquisitions in 2016. (“What I have learned about...
Marketers, what does your job really entail, and what should you be doing to move your company forward? Whether you are in an exclusively marketing related job or have a different title but actively participate...
You know what you’re supposed to do, but since your marketing department is understaffed and disempowered, you can’t make it happen. I’m sure many of you have found yourselves in that familiar seminar or conference...
2016 was quite a year for the AEC industry and for Zweig Group as well. Merger and acquisition activity, and interest in the subject, has never been higher than it is right now. Our firm...
Alternative collection methods at this time of year, even if it’s something radical, might come in handy if you need to ‘stock the cash coffers.’ As the last quarter of 2016 draws to a close,...
If you think there’s too much recruiting, then you probably don’t realize there is no ‘season,’ but an unending grind. There is no preseason or final game for recruiting. A/E firms that don’t understand the...
1. The competition for skilled labor will increase. This will lead to more employee turnover, higher wages, and an uptick in inflation. The unemployment rate will remain near 5 percent nationally, but the number of...
Bond issues, Trump spending could spell good year for AEC By Richard Massey Managing Editor While a three-person panel hosted by Engineering News-Record did not offer an outright prediction that construction would boom next year,...
Sure – it’s hard to hire good people. There are lots of reasons for it. One of them is that we aren’t keying into the talent pool all around us. People in our network. People...
This year’s event, as in previous years, featured a full slate of breakout sessions with dynamic speakers. Here’s what they had to say about the 2016 conference. “As our industry heats up, good people are...
Defying convention and pushing her firm forward earned Sonia A. Martinez of BCC Engineering Inc. this year’s Jerry Allen Courage in Leadership Award. Sonia A. Martinez, the chief financial officer at BCC Engineering Inc., was...
If your firm is looking to marry, don’t get hung up on the ‘perfect match.’ Keep your eyes open and you might meet that special someone you didn’t expect. As consultants, we all find ourselves...
Recruiting top talent to small markets is an adventure, but with persistence, you can ride the horse all the way to the summit. As I was discussing the need for a lead architect with a...
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...
Anyone who knows me can tell you I’m about as “New Age” as the 1930 Model A Ford sitting in my garage awaiting its flathead V-8 transplant. That said, there really is something to the...
If you figure out the answer to that all-important question on the front end, you’ll have a great chance of closing on the right M&A deal. One of the key responsibilities of any business owner...
Zweig Group just released the 2016 Principals, Partners and Owners of Architectural, Engineering, Planning and Environmental Consulting Firms Survey. Over the past 30 years, this publication has picked the brains of some of the industry’s...
Did your interns live the dream? If so, great, but if not, it might be time to retool your program by taking these six simple steps. As a communications major with an interest in broadcast...
Your ability to sell work is probably the most crucial skill you can have IF you really want to maximize your opportunities in the AEC world we all live in. Here are a few pointers...
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...
The M&A process is like the dating game: there’s plenty of fish in the sea, but hauling in the big catch isn’t easy. Firms close deals every day without engaging an M&A consultant to help...
If your content is consistently valuable, potential clients might give up their personal information to have it, and chose your firm over others when it’s time to close the deal. Are you lost in marketing...
Letting go is hard to do, so when the time comes for a changing of the guard, it helps if the second tier is groomed, confident, and empowered. Much of our recent work has been...
If you’re one of those people who still thinks “word of mouth” is the way to go when it comes to marketing, my guess is you have a very small firm that will remain a...
If you are planning an event, pay attention to the details so that your firm can reap the full benefits of publicity, business development, and old-fashioned fun. Holding an event is not something just for...
Sometimes, firms get lost in utilization and project profitability, and end up solving the wrong problem. People respond to what you track and report. The accounting really does matter. For example, we've helped companies dismantle...
In a good economy, it’s easy to take on a lot of work and fill the pipeline, but some of that work can be bad for your firm. In a robust economy like the one...
Avoid these common M&A mistakes, which happen a lot when firms try to close a deal without the guidance of a seasoned pro. When we talk to sellers in this industry, we often find that...
Dear Christy, I have a son who is in engineering school. I'd really like to have him join our firm and eventually succeed me in running this business. How do you suggest I make that...
Inaugural ‘Work Travel & Reimbursement Spotlight Survey’ available at pre-publication pricing Digital Publication Shows Who Will, Won’t Prepay for Employees’ Personal Travel Zweig Group, the architectural, engineering, planning, and environmental construction industry’s go-to resource for...
Digital publication shows who will, and won’t prepay for employees’ personal travel. Zweig Group has released the first of its Spotlight Surveys series, Work Travel & Reimbursement. This full-color digital product offers an in-depth look...
Annual resolutions are short-term planning at best. Now that another new year is in full throttle mode, are you checking off your list of resolutions, or are you envisioning your firm’s future? Annual resolutions are...
FAYETTEVILLE, Ark. (March 3, 2016) – Zweig Group is proud to announce Triton Stormwater Solutions as the Silver Sponsor of the 2016 Hot Firm and A/E Industry Awards Conference held on September 22-23, 2016, at...
Leaders in the A/E/P and environmental consulting industry need to know their firm’s value. Many architecture, engineering, planning, and environmental consulting firm leaders don’t have a solid grasp on their firm’s value. But, if you’re...
Make your firm more valuable by making yourself irrelevant and surrounding yourself with leaders. Firms that command high market premiums are ones in which the owners are, in many ways, always seeking to become less...
Your employees will work harder if they’re enthusiastic about their role in your firm; here are some tips to make that happen. As firms finalize their strategic plans for 2016, we hear a consistent desire...
From the early responses to Zweig Group’s 2015 Marketing Survey, we can already see differences from last year, but there’s still time to have your data included. A lot has changed in marketing approaches, budgets,...
Did you know? Marketing trends are discussed by only 40% of A/E firms during marketing meetings. Marketing departments are becoming increasinly responsible for tracking all marketing/sales related data. From 1997 until last year, the percentage...
Taking the time to get these 8 items in order might make all the difference when seeking a buyer for your business. A lot of us don’t want to plan for it. We don’t even...
AC Martin Partners, Inc. (Los Angeles, CA), an 85-person architecture firm, is taking home fifth place in the Internal Marketing category of Zweig Group’s 2015 Marketing Excellence Awards for its New Employee Questionnaire. AC Martin...
The successful management of architectural and engineering projects in today's challenging environment is something of a science that has been evolving over the centuries. Project management has existed in some form for thousands of years,...
Sam Schwartz Engineering (New York, NY), a 100-person consulting firm, is taking home second place in the External Newsletter category in Zweig Group’s 2015 Marketing Excellence Awards for its “TransCentral” email service. “TransCentral” is a...
Maser Consulting P.A. (Red Bank, NJ), a 500-person multidiscipline engineering consulting firm, is the fourth place winner in the External Newsletter category of Zweig Group’s 2015 Marketing Excellence Awards for its new brochure package. Due...
Leadership, accounting, rewards, and more contribute to an organizational culture of positivity and high morale. Great projects happen, and successful firms become even more so, when morale is high inside the firm. It’s one thing...
This is part one of a two-part series on the acquisition process, written by Jamie Claire Kiser, Director of M&A Services, and Ryan Renard, Financial Analyst/Consultant. Part one focuses on the search phase of an...
Forbes released an article today titled Trying To Sell A Business? You Need To Look At It The Way A Buyer Would by Steve Parrish outlining the process potential sellers should follow to make themselves...
FAYETTEVILLE, Ark. (April 14, 2015) – Zweig Group’s recently released 2015 Merger & Acquisition Survey of A/E/P and Environmental Consulting Firmsfinds that the number of firms in the industry considering M&A activity is on the...
Zweig Group’s recently released 2015 Merger & Acquisition Survey of A/E/P and Environmental Consulting Firms finds that the number of firms in the industry considering M&A activity is on the rise. The survey found that...
Hot buttons, communication preferences, politics are just a few elements to know how – or how not – to address. It occurred to me the other day how crucial it is to really know your...
Four suggestions from Mark Zweig that will result in more work than you can handle. It’s interesting to me to see how many architects, engineers, planners and environmental consultants really don’t understand marketing. Many either...
Five things that differentiate entrepreneurs from the rest of the people in the world. I was watching a show on Netflix the other night with my eight-year-old daughter. It was all about humans with superhuman...
Distinguishing between marketing and sales offers a true perspective of investment. We have a problem in this industry. Many of us have a simple-minded perspective of “marketing.” For many firms, the marketing department is a...
Despite what the pundits say, Mark Zweig believes that magnetic leaders aren’t such a bad thing. "Charisma” – some people have it and some don’t. It has been defined as a special charm or appeal...
Results of long-running study show that those who wait for reward do better in the end, Mark Zweig writes. Back in the ’60s a Psych professor at Stanford, Walter Mischel, gave a famous test to...
Mark Zweig offers five things you can do to keep valued employees who just don’t see eye-to-eye. After working as an owner, consultant, and employee in A/E firms for more than 34 years, it’s interesting...
Mark Zweig reflects on the passing of a friend and employee, and offers six tips about forming a winning team. A week ago Sunday, one of my best friends, and also the lead carpenter for...
Five thoughts from Mark Zweig about titles and how they are often dished out without much consideration. Title proliferation in the A/E/P business is alive and well. While intentions may be good – to keep...
The valuation of privately held firms, including those in the A/E/P and environmental consulting industry, will usually involve discounting to arrive at a concluded value of the subject interest. Readers who have been through the...
Check out the similarities. It’s a chase. There’s anticipation of a meeting, a presentation of your value proposition, and a general nervous excitement that comes from both making sales calls and being in the dating...
By Tracey Jeffers Principal, Valuation Consulting ZweigWhite I have found that the A/E/P and environmental consulting industry has many unique qualities, but one I find intriguing when compared with other industries is the longevity of...
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: August 18, 2011 FAYETTEVILLE, AR (August 18, 2011) –Statistics from ZweigWhite’s 2011 Valuation Survey show a reduction in staff but a general holding of value for many sectors of the architecture, engineering, planning...
Press Release: July 13, 2011 FAYETTEVILLE, Ark. (July 13, 2011) – ZweigWhite is offering for the first time a confidential report that shows how any individual firm stacks up against industry norms. YourWay Survey stacks...
By Tracey Jeffers Principal, Valuation Consulting ZweigWhite I recently worked on a valuation engagement for a project management firm involving minority shareholder value in a litigation. Besides the relevant financial data, one of the first...
Press Release: July 5, 2011 FAYETTEVILLE, Ark. (July 5, 2011) –A large number of A/E/P and environmental firms have made the decision to leave “survival mode,” but how to increase sales and grow is a...
Press Release: June 15, 2011 FAYETTEVILLE, Ark. (June 15, 2011) – Beginning with its June issue, Structural Engineering & Design magazine is being repositioned as Structural Engineer magazine. Along with the full redesign, the name...
Press Release: May 11, 2011 FAYETTEVILLE, AR (May 11, 2011) — Design firms have been among the most affected by the recent recession, but new data shows that the carnage may soon be over. While...
By Ed Friedrichs In a fascinating recent book, Fred Reichheld asks The Ultimate Question (also the title of the book), “On a scale of 1 to 10, how likely are you to refer __________ (fill...
By Mark C. Zweig There is a lot of interest in buying and selling firms these days. We are even having six seminars/conferences on M&A this year. Our investment banking group at ZweigWhite has never...
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)...
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...
By Mark C. Zweig Sooner or later one comes to the realization that the answer doesn’t always lie in growing revenue. It may just not be possible with the time you have to fix the...
By Ed Friedrichs I admit, I’m of a generation that grew up and spent the early part of my career without a computer, to say nothing of the Internet, e-mail or Facebook. Every time I...
Are you interested in buying other companies? Do you know the value of your firm? The ZweigWhite Valuation Survey for architecture, engineering, planning and environmental consulting firms provides you with an internal formula to assist...
By Ed Friedrichs I’ve long wondered why architects, designers, engineers, and environmental planners haven’t figured out where the action is for their clients. Almost every client I have ever worked with was an active participant...
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...
This year, All4 Inc., an environmental engineering firm in Kimberton, Pennsylvania, had clients go bankrupt and others stop work already in progress. Multidiscipline firm Smith, Seckman & Reid, Inc., in Nashville, Tennessee, had layoffs but...
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...
You may think that I am crazy to write an article about recruiting when some estimates place unemployment among certain sectors of the design industry at more than three times the national average. But the...
Many firms in the A/E/P or environmental business today have some sort of designated market leaders. Usually, there’s a new business plan and part of it requires a “realignment” to a more market-driven structure. Then,...
Economic crisis or not, there’s a lot of it going on these days— firms in our “industry” buying other companies— for a variety of reasons. And while there is lots of information out there on...
Breaking into new markets— you won’t find many more interesting (or timely) topics for those who run A/E and environmental consulting firms today. So many companies are either already attempting to or plotting to break...
Bud Tomlinson was finally starting to feel pretty good about things again. Business was turning around. But the last eight months or so had been a real wake-up call... Back in July his firm, Tomlinson...
I can’t believe the lack of creativity shown by creative companies with respect to their recruiting. Most firms place ads, post openings on job boards, and hire headhunter/recruiting firms. Some firms pay recruitment bonuses to...
I just got back from the ninth annual Zweig Letter Hot Firm Conference and Awards Celebration, held in Chicago this year. It was, as it always is, a great event filled with optimistic people— something...
When things get ugly in a firm— as they tend to do when the firm’s financial status takes a downturn— you’ll often see fights break out. Some principals form factions with other principals or principal...
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...
For my kickoff presentation at our eighth annual The Zweig Letter Hot Firm Conference and Awards Celebration in Boston last month, I decided to talk about the differences in entrepreneurial A/E/P firms from those that...
I’ve often thought what it would have been like to live at the turn of the century (1900). Change must have been coming so fast— electricity, indoor plumbing, telephones, and automobiles, along with so many...
After doing business plans for more than 20 years, the truth has finally sunk into me: You cannot please everyone with one strategic plan. In other words, the strategic plan for internal purposes is probably...
I could talk about growth all day and why it’s good to be a growth firm. Any faithful reader of The Zweig Letter over the last 14 years has heard me pounding the growth drum...
When you’ve had the benefit of more than 26 years of working with A/E/P and environmental firms like I have, some patterns about what makes one company more successful than others clearly emerge. One of...
I just got another of the many announcements that come through the ZweigWhite e-mail system today— one of our clients just bought/merged with/sold to another firm. We see so much of this that I barely...
A recent article in Fast Company magazine focused on Despair, Inc., the makers of calendars and posters that poke fun at those motivational posters from companies like Successories and others. The fact that Despair, Inc....
Years ago in The Zweig Letter, I wrote an article entitled, “Go local” as a rebuttal to all of the pundits who were advocating A/E firms “go global.” It just made sense to me that...
As usual, this year’s Zweig Letter Hot Firm Conference & Celebration in Boston drew a great crowd. We had the typical smiling, optimistic, high-growth A/E and environmental firm principals and managers in abundance and it...
As the economy inches its way toward improvement, we are seeing A/E/P and environmental firms rekindling their interest in merger and acquisition activities. In fact, it’s almost a mini-boom of activity that’s occurring right now....
While there is no doubt a downside to employing too many seasoned veterans in terms of their vacation accrual rates and basic hourly labor cost, I do not understand why some A/E and environmental firms...
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...
Everyone in the A/E or environmental consulting business wants to turn their technical people into sellers. Not a week goes by that the desire to do this isn’t mentioned to me by someone in this...
On the one hand, it would be easy to get negative and discouraged about the current business climate. The war efforts are dragging on with no clear end in sight. The Middle East, in general,...
I’ve written before in The Zweig Letter about the need for passion. Anyone who is going to be truly successful in an A/E or environmental firm has to have it. You have to LOVE what...
When you look at architects, management consultants, bridge engineers, computer programmers, artists, or any other “professional” in the classic sense, there is always someone or some people who stand out as the thought leaders. They...
In spite of the post 9/11 travel slowdown, it seems like there are more trade shows and conferences for A/Es and construction companies than ever before. As dutiful ZweigWhiters, we seem to get to all...
Buying and absorbing another enterprise into your own is never easy. A/E/P and environmental consulting firms may be especially difficult as they have very few assets. Aside from a good (or bad) name, some computers...
A couple weeks ago I was down at my alma mater for a College of Business Advisory Board meeting. While I was there, I was asked to sit on a panel on business ethics. I...
I am sitting here this morning, in our Natick office, staring at my computer. I need to write a talk for our upcoming Zweig Letter Hot Firm 2002 Conference and Celebration in Boston. I am...
Right now, everyone seems to be interested in profits. 2001 shook owners and employees alike. And even though most firms had a decent year (but “decent” is not the same as “great”), most made about...
This week’s issue of The Zweig Letter is devoted to The Zweig Letter Hot Firm 2001 List. For me, this is what it’s all about— success. I love the Hot Firm focus and putting the...
Everyone says they’re interested in it, and there are all kinds of articles out there on the subject. How to attract and keep an outstanding workforce is clearly on the minds of many principals and...
My 80 year-old parents just came up from Kirkwood, Missouri, for a short visit. As is always the case, my dad and I eventually got around to talking about business. I don’t know anyone who...
I have always been interested in design and construction. When I was as young as seven years old, I was drawing up floor plans for houses on graph paper and building them with my Legos....
I had a 56-year-old client say to me the other day that he just isn’t having any fun anymore. He wants to change his life, and he had decided to sell his firm so that...
Whenever I see people get all upset about some trivial detail in their lives or their work, I find it distressing. Life is so much easier if you spend appropriate amounts of mental and emotional...
One of the most interesting products we have put together is our new Fast-Growth Firm Survey, just released a couple weeks ago. It’s just fascinating when you look at the comparisons between A/E/P and environmental...
Every A/E/P or environmental firm finds it necessary to hire outside consultants at some point. Whether it’s simply to get tax advice or to plot out a new course for a growing firm, it’s inevitable....
We just got back from the 15th Annual Inc. 500 Conference and Award Ceremony held in Philadelphia. Zweig White & Associates made it onto Inc. magazine’s list of 500 fastest-growing privately held firms for the...
I had a revelation the other day: I don’t know of a single top manager in an A/E/P or environmental firm who is completely thrilled with every one of his or her partners, shareholders, or...
After I got my MBA, my first job was with a consulting firm that served the construction and real estate development industry. They worked for large and small companies of all kinds— general contractors, heavy/highway...
If you talked with as many people in A/E/P and environmental consulting firms as I have over the years, you would soon discover that “office politics” is a dirty term in our industry. Engineers, architects,...
This year’s Professional Services Management Association (PSMA) National Convention was held in St. Paul last week. (I keep wanting to say “Minneapolis,” but St. Paulians are sensitive about that). Ed Vick, president of PSMA (Charlotte,...
No matter what the self-appointed experts are telling you, right now is a great time to buy a firm or to be acquired by or merge with another firm. But, like most things, it’s not...
Too many people are unhappy— unhappy with the way we’re running our country and unhappy with the way we’re running our firms. The presidential elections to be held on November 3rd and the issues facing...