If producing good design is only half the battle, what is the other half?
The work that you do also has to be on schedule, be on budget, meet client expectations, and produce a profit for your design firm.
Successful designers learn to guide client __________ and effectively manage _____________.
Expectations-Changes
Name 3 “red flags” that indicate potential business problems.
- Poor organization of resources
- Dependency on one person
- Lack of role definition for team members
______________ Is important, but it can seem a bit intimidating.
Bookkeeping
It is always best to keep your ___________ separate from your ___________ finances.
Business-Personal
What kind of bank should you choose when starting a new business?
One that specializes in providing services for small business
A short-term cash flow projection is usually organized into what?
Four columns, each representing a fifteen-day span.
A long-trem cash flow projection is also known as what?
“cash plan” , “cash budget” , or “pro forma cash flow”
A cash flow statement differs from long and short-term cash projections is what way?
A cash flow statement is a recapping of the past and the others is a prediction of the future.
K1ngvision 