In the dynamic world of AE firms, understanding your financial runway and burn rate is akin to having a GPS for your practice's financial journey. Your gross burn rate is a crucial metric that measures the rate at which your firm consumes capital before generating positive cash flow. It's the answer to the pivotal question: “How long can we stay in business without signing another project?” This enlightening webinar delves into the vital key performance indicators (KPIs) associated with your runway and burn rate, empowering you to estimate and project your firm's income with precision. Join Douglas Teiger, FAIA, for this illuminating session and unlock the keys to financial stability and prosperity in the AE industry. By the end of this session, you'll possess the knowledge and tools to navigate your firm's financial journey with confidence and foresight, ensuring a secure path to success.

Presented by various experts on behalf of BQE Software Inc.