Revenues are the key “top line” indicator that spotlight how well your firm is winning new business and getting higher prices for your design efforts. Increasing revenues each year means growth. Growth means winning more projects, employing more staff, engaging more clients and creating career opportunities for internal promotion and business success. Without consistent top line growth your firm begins to languish and your most motivated people start to leave to join your competitors.
PSMJ's A/E Revenue Report provides this key data for this top line indicator. Using this comprehensive information, you can see how your revenue factors compare to your peers. Did you achieve a net direct labor multiplier higher than 2.97? A Net payroll multiplier above 1.76? Did each of your principals manage at least $1,000,000 of net revenue? How many dollars of revenue deficit did you miss sending to your bottom line due to poor contract negotiation and/or project performance? And make sure you compare these results against each of your peer groups.