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Acquisition

Factors Affecting Growth in the AEC Industry

December 30, 2019 By EMI

This is a guest blog by John Beck, MBA

AEC IndustryIt’s no secret that organic growth in any business follows a natural S-curve, with a period of infancy, followed by aggressive expansion, and ultimately maturity. Inherently, achieving exponential growth later in the business cycle is more challenging than achieving exponential growth at the outset.   

A vast majority of revenue at an established engineering firm often comes from existing clients, which makes scaling difficult and puts more pressure on relationship building and maintaining. There are a number of factors specific to the engineering industry that can affect growth. I’d like to highlight three factors that affects growth in the AEC Industry. 

[Read more…] about Factors Affecting Growth in the AEC Industry

Filed Under: Blog, Business Development Tagged With: Acquisition, AEC Advisors, AEC Industry, clients, Compliance Requirements, customers, Expertise, John Beck, Labor Availability

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