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ARE ALL WRITE-OFFS BAD FOR CONSULTING ENGINEERING FIRMS? - In this video, Mike Lozanoff P.E., owner of Lozanoff Consulting Services, LLC talks about invoicing and write-offs, and how these two actions can affect the profitability of a consulting engineering firm. #civilengineering #projectmanagement #invoicing #writeoffs
You can view the show notes for this video here ➜ bit.ly/TCEPEp206
0:00 Intro
0:32 Sponsor
1:29 Mike’s Professional Career Overview
9:42 Why do you think invoicing is a necessity of doing business and is often loathed by Project Managers?
18:42 What tips can you share with the listeners on making monthly invoicing go more smoothly and efficiently?
29:04 Would you say that all write-offs (or write-downs) are bad?
36:57 Is profitability a better metric for tracking successful project outcomes?
39:59 Is project profitability and firm profitability the same thing?
44:30 Daily routines that contributed to your success...
46:21 Book recommendation...
50:43 The Characteristics of a Good Manager
52:42 The Career Elevator Advice Question
54:54 Outro
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