The net profit margin is better than the industry average of 12%. The ‘Quick Ratio’ (i.e. liquidity ratio will need to be closely monitored and managed on a monthly basis because the business will most likely have a negative cash flow in the first few months of operations before this situation turns around later with a strong cash flow and balance sheet. Also, traditionally the architectural industry has a high average number of debtor days before clients pay their bills which will this process will be closely managed and monitored to reduce the number of debtor days.
The net profit margin is better than the industry average of 12%. The ‘Quick Ratio’ (i.e. liquidity ratio will need to be closely monitored and managed on a monthly basis because the business will most likely have a negative cash flow in the first few months of operations before this situation turns around later with a strong cash flow and balance sheet. Also, traditionally the architectural industry has a high average number of debtor days before clients pay their bills which will this process will be closely managed and monitored to reduce the number of debtor days.
The net profit margin is better than the industry average of 12%. The ‘Quick Ratio’ (i.e. liquidity ratio will need to be closely monitored and managed on a monthly basis because the business will most likely have a negative cash flow in the first few months of operations before this situation turns around later with a strong cash flow and balance sheet. Also, traditionally the architectural industry has a high average number of debtor days before clients pay their bills which will this process will be closely managed and monitored to reduce the number of debtor days.