The Minimum Cash Flow Every Architecture Practice Should Hold
After reviewing 100 balance sheets from architecture firms this year alone, we’ve found that well over 50% are not holding enough cash in the bank.
So how much cash should an architecture practice actually keep in reserve?
And why is it so important?
In this video, Andy Cristin explains the importance of cash flow management and walks through the exact calculation you can use to determine the minimum cash requirement for your practice.
It’s a simple, practical method that any Founder or MD can apply.
Watch the video below.
How to Improve Cash Flow
If you run an architecture practice, you'll also want to access our free guide: 12 Ways to Improve Cash Flow in Architecture Practices
Pareto FD provides services to architecture, design and other service businesses across the UK, helping firms improve profitability, strengthen cash flow, improve financial reporting, and grow sustainably.
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If you’d like to discuss how Pareto FD can support your business, simply book a free 30-minute Strategy Session with Andy Cristin, Founder and lead Fractional CFO.