RedVector RV-7003

Financial Management 2 & 3: Pricing for Profits, Generating Cash and Getting Paid

Financial Management 2 & 3: Pricing for Profits, Generating Cash and Getting Paid

2 hrs. Online Course

Level: Intermediate

Item#: RV-7003

SME: Frank Stasiowski

USD$79.90 InStock 2029-01-01
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This course will be discontinued on 02/06/2024

Cash flow is the life blood of your firm and lack of cash is the primary cause in 92 percent of all bankruptcies. Increasing cash flow, managing cash, and using cash to your best advantage is as important to your business as superior architecture or design work. This 2-hour interactive online course helps find new ways to generate cash and get your clients to pay quickly.

This is the second and third chapter of the "Financial Management for the A/E/C Firm" course series from PSMJ Resources, Inc. offered through RedVector.com in its entirety. We strongly recommend that you take all nine chapters of this course series.


Vector Solutions has a long history of providing industry-specific content for its customers. While this course and its content remain accurate and functional within our systems, the look and feel may not match our more modern offerings.
Objectives Course Applies to
Course Objectives

After completing this course, you will be able to:

  • Track down and utilize alternative sources for securing working capital
  • Negotiate an efficient fee collection system with your clients
  • Develop an easy-to-use system for tracking down outstanding fees
  • Employ cash discounts when and where appropriate
  • Utilize worksheets and sample rate calculations
  • Determine a price that will be agreeable to your clients and profitable for you
  • Leverage the concept of value pricing to get your clients to pay you a premium for your services
  • Use a seven-step strategy to prepare clients for your price
  • Get your clients to pay for reimbursables
  • Utilize worksheets and sample rate calculations

This course includes a multiple-choice test to gage your understanding of the material.

State Licenses
Alaska
AK - Land Surveyor (General)
Alabama
AL - Engineer (General - ,)
AL - Land Surveyor (General)
Arkansas
AR - Engineer (General - ,)
AR - Land Surveyor (General)
District Of Columbia
DC - Engineer (General - CE21800018)
Delaware
DE - Engineer (Business Practice (maximum of 9 hours) - ,)
Georgia
GA - Architect (General - RV659-2025)
Accreditation: AIA Registered Provider J315
GA - Engineer (General - ,)
GA - Land Surveyor (General)
Iowa
IA - Engineer (General - ,)
IA - Land Surveyor (General)
Idaho
ID - Engineer (General - ,)
ID - Land Surveyor (General)
Illinois
IL - Architect (General - RV659-2025)
Accreditation: AIA Registered Provider J315
IL - Engineer, Professional (General - ,)
IL - Engineer, Structural (General - ,)
Indiana
IN - Architect (General - RV659-2025)
Accreditation: AIA Registered Provider J315
IN - Engineer (General - Board Approved - CE21800018)
Kansas
KS - Engineer (General - ,)
KS - Land Surveyor (General)
Kentucky
KY - Electrical Contractor (Business Practice)
KY - Engineer (General - ,)
Louisiana
LA - Contractor, Residential (General)
LA - Engineer (General - ,)
LA - Land Surveyor (General)
Maryland
MD - Engineer (General - ,)
MD - Land Surveyor (General)
Maine
ME - Engineer (General - ,)
ME - Land Surveyor (General)
Michigan
MI - Engineer (General - ,)
Minnesota
MN - Engineer (General - ,)
MN - Land Surveyor (General)
Missouri
MO - Architect (General - RV659-2025)
Accreditation: AIA Registered Provider J315
MO - Engineer (General - ,)
Mississippi
MS - Engineer (General - ,)
MS - Land Surveyor (General)
Montana
MT - Engineer (General - ,)
MT - Land Surveyor (General)
North Carolina
NC - Engineer (General - ,)
NC - Land Surveyor (General)
North Dakota
ND - Engineer (General - ,)
ND - Land Surveyor (General)
New Hampshire
NH - Engineer (General - ,)
New Jersey
NJ - Architect (General - RV659-2025)
Accreditation: AIA Registered Provider J315
NJ - Engineer (General - 24GP000006300)
New Mexico
NM - Engineer (General - ,)
NM - Land Surveyor (General)
Nevada
NV - Engineer (General - ,)
NV - Land Surveyor (General)
New York
NY - Architect (General - RV659-2025)
Accreditation: AIA Registered Provider J315
Ohio
OH - Engineer (General - ,)
OH - Land Surveyor (General)
Oklahoma
OK - Engineer (General - ,)
OK - Land Surveyor (General)
Oregon
OR - Engineer (General - ,)
Puerto Rico
PR - Engineer (General - ,)
South Carolina
SC - Engineer (General - ,)
SC - Land Surveyor (General)
South Dakota
SD - Architect (General - RV659-2025)
Accreditation: AIA Registered Provider J315
SD - Engineer (General - ,)
SD - Land Surveyor (General)
Tennessee
TN - Architect (General - RV659-2025)
Accreditation: AIA Registered Provider J315
TN - Engineer (General - ,)
Texas
TX - Engineer (General - ,)
Utah
UT - Engineer (General - ,)
UT - Land Surveyor (General)
Virginia
VA - Architect (General - RV659-2025)
Accreditation: AIA Registered Provider J315
VA - Engineer (General - ,)
VA - Land Surveyor (General)
Vermont
VT - Engineer (General - ,)
Washington
WA - Architect (General - RV659-2025)
Accreditation: AIA Registered Provider J315
WA - Land Surveyor (General)
Wisconsin
WI - Architect (General - RV659-2025)
Accreditation: AIA Registered Provider J315
WI - Engineer (General - ,)
WI - Land Surveyor (General)
West Virginia
WV - Engineer (General - ,)
WV - Land Surveyor (General)
Wyoming
WY - Engineer (General - ,)
WY - Land Surveyor (General)
Professional Organizations
American Academy of Environmental Engineers - AAEES - Member (General - ,)
American Hospital Association - AHA - Certified Healthcare Facility Manager (CHFM) (General)
American Institute of Architects - AIA - Architects (General - RV659-2025)
Accreditation: AIA Registered Provider J315
BOMI International - RPA, FMA and/or SMA (General)
Building Operator Certification - BOC - Certification (General)
Canada - Alberta Architect (General - RV659-2025)
Accreditation: AIA Registered Provider J315
Canada - Alberta Engineer (General - ,)
Canada - British Columbia Architect (AIBC) (General - RV659-2025)
Accreditation: AIA Registered Provider J315
Canada - British Columbia Engineer (General - ,)
Canada - Manitoba Architect (General - RV659-2025)
Accreditation: AIA Registered Provider J315
Canada - Manitoba Engineer (General - ,)
Canada - New Brunswick Architect (General - RV659-2025)
Accreditation: AIA Registered Provider J315
Canada - New Brunswick Engineer (General - ,)
Canada - Newfoundland and Labrador Engineer (General - ,)
Canada - Northwest Territories and Nunavut Engineer (General - ,)
Canada - Northwest Territory Architect / Restricted Practitioner (General - RV659-2025)
Accreditation: AIA Registered Provider J315
Canada - Nova Scotia Architect (General - RV659-2025)
Accreditation: AIA Registered Provider J315
Canada - Nova Scotia Engineer (General - ,)
Canada - Ontario Architect (General - RV659-2025)
Accreditation: AIA Registered Provider J315
Canada - Ontario Engineer (General - ,)
Canada - Prince Edward Island Architect (General - RV659-2025)
Accreditation: AIA Registered Provider J315
Canada - Prince Edward Island Engineer (General - ,)
Canada - Quebec Architect (General - RV659-2025)
Accreditation: AIA Registered Provider J315
Canada - Quebec Engineer (General - ,)
Canada - Saskatchewan Architect (General - RV659-2025)
Accreditation: AIA Registered Provider J315
Canada - Saskatchewan Engineer (General - ,)
Canada - Yukon Engineer (General - ,)
International Facility Management Association - IFMA - Certified Facility Manager (CFM) (General)
National Institute for Certification in Engineering Technologies - NICET (General - ,)
Ontario Association of Certified Engineering Technicians and Technologists - OACETT - Certified Member (Management/Leadership Training)
Project Management Institute (PMI) - Certified Associate in Project Management (CAPM) (Business Acumen - GOCRV-7003)
Accreditation: R.E.P. Provider 1510
Project Management Institute (PMI) - PMI Agile Certified Practitioner (PMI-ACP) (Business Acumen - GOCRV-7003)
Accreditation: R.E.P. Provider 1510
Project Management Institute (PMI) - PMI Professional in Business Analysis (PMI-PBA) (Business Acumen - GOCRV-7003)
Accreditation: R.E.P. Provider 1510
Project Management Institute (PMI) - PMI Risk Management Professional (PMI-RMP) (Business Acumen - GOCRV-7003)
Accreditation: R.E.P. Provider 1510
Project Management Institute (PMI) - PMI Scheduling Professional (PMI-SP) (Business Acumen - GOCRV-7003)
Accreditation: R.E.P. Provider 1510
Project Management Institute (PMI) - Portfolio Management Professional (PfMP) (Business Acumen - GOCRV-7003)
Accreditation: R.E.P. Provider 1510
Project Management Institute (PMI) - Program Management Professional (PgMP) (Business Acumen - GOCRV-7003)
Accreditation: R.E.P. Provider 1510
Project Management Institute (PMI) - Project Management Professional (PMP) (Business Acumen - GOCRV-7003)
Accreditation: R.E.P. Provider 1510