2004 Financial Performance Survey Conducted by Wind2 Software Provides Benchmark for Professional Service Firms.FORT COLLINS, Colo. -- Facing a sluggish economy Sluggish Economy A state in the economy in which the growth is slow, flat or declining. The term can refer to the economy as a whole or a component of the economy, such as weak housing starts. and a fast-changing marketplace, this analysis enables professional services (job) professional services - A department of a supplier providing consultancy and programming manpower for the supplier's products. firms to assess their performance, identify weaknesses, and plan for greater success. Wind2 Software has released the results of its 2004 Financial Performance Survey of Professional Services Firms. Based on extensive data collected from firms whose fiscal years ended December December: see month. 2003 through June 2004, the report examines 30 critical financial ratios and indexes, tracks recent changes, and explains the significance of each. Using aggregated, industry-wide data, the report also presents a balance sheet, profit & loss statement, and a detailed breakdown of overhead costs overhead costs see fixed costs. and marketing expenses. For virtually all firms marketing professional services in North America North America, third largest continent (1990 est. pop. 365,000,000), c.9,400,000 sq mi (24,346,000 sq km), the northern of the two continents of the Western Hemisphere. , the report provides a powerful management tool for in-depth analysis and strategic planning Strategic planning is an organization's process of defining its strategy, or direction, and making decisions on allocating its resources to pursue this strategy, including its capital and people. . "With more than 3,000 professional services firms using Wind2 Software in North America, we see the industry every day from 30,000 feet" said David W. Marvin, president and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. of Wind2 Software. "This survey gives us an opportunity to dive down to treetop level, examine financial performance in detail, and provide expert analysis. With this insight, no one knows the professional services industry better than we do - and we're pleased to share this insight with our clients and others in the professional services industry." To obtain a copy of the 24th annual Financial Performance Survey of Professional Services Firms, and to learn about other management support that Wind2 Software can provide, call: Nicholas T. Bettis, 800-779-4632. Or e-mail: nbettis@wind2.com. The 2004 Financial Performance Survey of Professional Services Firms is priced at $399. About Wind2 Software. www.wind2.com With headquarters in Fort Collins, Colorado The City of Fort Collins, a home rule municipality situated on the Cache la Poudre River along the Colorado Front Range, is the county seat and most populous city in Larimer County, Colorado. , Wind2 Software, Inc. is the technology leader in project business software for professional services firms of all sizes. Founded in 1983, the company delivers award-winning solutions for time-billing, project management, financial accounting, customer relationship management, and marketing automation. Services include industry-leading customer support and software maintenance, on-line and on-site consultation, classroom training, and web-based support. Contact: Nicholas T. Bettis, Wind2 Software, Inc., 1825 Sharp Point Drive, Fort Collins, CO 80525. Tel: 800-779-4632. Fax: 970-493-4578. E-mail: nbettis@wind2.com. |
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