As a leader it is your responsibility to not only exercise your expertise in the running of your practice, but to also identify what areas require expert advice.
A common aspect of running an architecture, engineering or design practice in which creative leaders may lack confidence is financial management and preparations for the end of financial year and tax season.
Management for Design has created a list of recommendations to be considered in the lead-up to the end of the financial year, and the impending tax deadline.
1. Consider your income
You should ensure that the fees for projects worked on in the month of June are captured as income, and then that income should be reviewed to ensure completeness – i.e. that all billable projects worked on throughout the month (and indeed the rest of the year if you have not already) have been billed.
JobKeeper payments are
