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Tampa Bay Chapter Serving Hillsborough, Pinellas Sarasota, Polk and by scd34940


									                                                                 Tampa Bay Chapter
                                                               Serving Hillsborough, Pinellas
                                                              Sarasota, Manatee, Polk, Citrus
                                                        Hernando, Desoto and Pasco Counties
   Volume 1, Issue 2                                                                                        December 2007
                                                   December Meeting Information
                  Officers 2007/2008
                                                   SDA Audio Conference
                                                   December 11, 2007, 2:00 pm – 3:30 pm
                  Robin C. Vandenburg
             Collman & Karsky Architects, Inc.
                                                   End of Year Closing and Review
                                                   •      The end of each year is a time for review of the past year’s results for
                   (813) 884-2000 voice                   accuracy and reasonableness and analysis of them for improvements in
                    (813) 884-0700 fax                    the future.
                                                   •      The review is both a strictly financial review, i.e., reviewing the balance
                      Vice President                      sheet and income statement for accuracy, and a management review,
                       Debbie Fox                         i.e. determining profitability, overhead, and other key indicators.
                     Harvard Jolly, Inc.           •      The analysis helps determine profitability factors and how to increase
                                                          profits in the coming year, e.g. increase bill rates, work on staff utilization,
                          and calculate potential revenue for coming year.
              (727) 896-4611 ext. 125 voice        Financial Review
                    (727) 894-0236 fax             •      Internal Controls
                                                   •      Payroll – 70% of costs is labor
                       Treasurer                   •      Human Resources
                    Candy Shepherd                 •      Benchmark Review of results and compare to national averages
                    Harvard Jolly, Inc.            Management Review
              •      Lost Revenue and Recuperation Opportunities
              (727) 896-4611 ext. 123 voice        •      Profitability – Percentage Profit & Net Multiplier
                   (727) 894-0236 fax              •      Staff Utilization & Billing Rates
                                                   •      Determine profitability per person for coming year
                                                   •      Determine potential revenue at current staffing for coming year

                                                   January Meeting Information
            Upcoming Meeting Schedule
                                                   ***Great meeting to invite your firm principals***

                                                   January 16, 2008, 11:45 – 1:15 pm
We realize the value of our members’ time
and acknowledge everyone’s busy schedules.
                                                   •       Ownership Transitions- Professional liability issues associated with
Therefore, meetings will begin promptly at
                                                           Sales, Mergers, Acquisitions, Retirement and other ownership changes
11:45 am and end at 1:15 pm. Please allow                  within Design Firms.
enough time in your schedule to arrive prior to    •       The Importance of Having a Buy-Sell Agreement.
the start of the meeting for checking in, paying
                                                   •       The types of Buy-Sell Agreements.
lunch fee, etc.
                                                   •       How to fund your Buy-Sell Agreement .
Date & Time:         December 11, 2007             •       The types of life insurance used to fund buy-sell agreements.
                     1:45 pm – 3:30 pm
Location:            Harvard Jolly                 Presenters:
                     St. Petersburg Office         •      Michael D. LaBarbera - Financial and Benefits Consultant, Suncoast
Topic:               Year End Closing & Review            Insurance Associates, Inc.
                     SDA Audio Conference
                                                   •      Jose B. Rodrguez & Michael J. McGirney from Daniels Kashtan Downs
RSVP:                By December 7 to
                                                          Robertson & McGirney Attorneys at Law
                     Debbie Fox

Date & Time:         January 16, 2008
                                                   Welcome our member!
                     11:45 am – 1:15 pm
                                                   •       Thomas E. Ray
Location:   Community Room
                                                           PB, Inc.
Topic:               Recruiting Trends in the
                     A/E Industry
RSVP:                By January 4, 2008 to
                     Robin Vandenburg

                            SDA National Website:

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