Two Numbers That Tell If Your Firm Is Dying
Utilization rate and realization rate show you whether your professional service firm is viable or shrinking. Most founders don't track either correctly. Here's how to read them.
Utilization rate and realization rate show you whether your professional service firm is viable or shrinking. Most founders don't track either correctly. Here's how to read them.
Unsigned change orders are the fastest way to turn a profitable engagement into a loss leader. Here is how to structure scope governance so clients respect the boundary.
If one or two partners carry more than 60% of your pipeline, your firm is one departure away from a revenue cliff. Institutionalizing business development is the only fix.
The IRS Form SS-8 audit process and DOL enforcement actions can trigger back-tax liability of $1,000 to $25,000 per worker. Here is how consultancies must classify their consultants correctly.
Most firms underinvest in cross-selling because origination credit structures reward net-new logos. Changing that math can add $500K+ in revenue without adding BD headcount.
Most consultants skip diagnosis and jump straight to strategy recommendations. City Prime Zone's 8-dimension audit surfaces constraints in two weeks before any execution begins.
Firms with less than three months of revenue in the pipeline face a cash flow crisis within one quarter. Here is how to measure, forecast, and break the cycle.
Most firms manage by P&L alone. Kaplan and Norton's Balanced Scorecard framework applied to professional services gives you leading indicators across four perspectives, not just trailing financials.
RFPs are rarely won at submission. They are won or lost in the 72 hours before the panel evaluation. Here is how procurement panels evaluate professional services and how to structure for the win.
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