Engineering Firm Profit Analysis
We’ve developed a firm profit analysis calculator so that firm leaders and their project managers/discipline leads can see how having the ability to access flexible engineering resources positively affects their bottom line. For a more detailed explanation of the calculator and the purpose behind it, check out our blog post entitled How to Increase Engineering Firm Profit. This post is highly recommended.
Before using the calculator, please note that it is best viewed on a desktop.
The calculator defaults are set up to increase the staff of a small engineering firm to handle an upcoming workload peaking at 10 full-time equivalents (FTE). After a few months, the required resources wind down.
As a starting point, we recommend noting the current operating profit percentages and $ amounts and viewing the default number of employed engineers for every month. These numbers show an increase in employed engineers to handle an anticipated upcoming large workload.
Note the change in operating profit % and bottom-line operating profit as the staff is modified to handle the peaks with on-demand shingle consultants by adjusting available employees to the average required FTE shown by the calculator.
Adjust the required FTE sliders for each month to simulate other manpower curves and experiment with the other inputs. You’ll likely find some great value with the use of flexible, highly-qualified engineering resources that shingle can link with your firm.
Sign up for more information about becoming a participating firm for our upcoming Beta launch to access flexible PE resources on demand.
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Learn more about joining shingle as a participating engineering firm. Participating firms on the shingle platform will be able to access flexible US Professional Engineering resources on demand. Engineer signups have already started, so don't miss your chance to access the exceptional talent we see coming in from all over the US.
These engineers are ready to assist visionary management to be the most competitive firms in the market. Find out more about the engineers and how shingle works by inquiring below.