Analysis 3: Simon's in a hole
Article Abstract:
An analysis of a fictitious engineer's financial analysis and management of his startup consultancy called Simple Services Inc will show that companies with cash flow problems typically experience fundamental difficulties with in-house contracting, billing and collection procedures and processes. It shows how little some engineers may tend to think about basic concerns such as pricing, contracting, billing, marketing and cash flow, and how these are related to the very survival of the organization.
Publication Name: Journal of Management in Engineering
Subject: Engineering and manufacturing industries
ISSN: 0742-597X
Year: 1999
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Analysis 2: Simon's not alone
Article Abstract:
An analysis of a fictitious engineer's financial analysis and management of his startup consultancy called Simple Services Inc will show that professional services organizations face a number of significant management issues in overseeing operations. These issues include negotiations of contract and payment terms, timely billing, follow-up on invoice processing and loan payment and management. They become more complex and difficult to handle as the business expands.
Publication Name: Journal of Management in Engineering
Subject: Engineering and manufacturing industries
ISSN: 0742-597X
Year: 1999
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Analysis 1: Simon's flawed foresight
Article Abstract:
An analysis of a fictitious engineer's financial analysis and management of his startup consultancy called Simple Services Inc will show that it was destined to fail from inception because of poor financial planning. A careful cash flow analysis at the beginning of the business startup and its update when the firm obtained its first contract would have uncovered likely problems it would encounter such as adverse audit findings.
Publication Name: Journal of Management in Engineering
Subject: Engineering and manufacturing industries
ISSN: 0742-597X
Year: 1999
User Contributions:
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