Plan Smarter, Perform Better: GBA’s Annual Financial Survey

Plan Smarter, Perform Better: GBA’s Annual Financial Survey

How does your firm stack up? What are the trends for GBA member firms? What should you be leveraging? The results of GBA’s Business Practices Committee’s annual financial-performance survey can help provide guidance for geoprofessional industry leaders involved in planning and decision making.

ACCESS AND COMPLETE THE GBA MEMBERS ANNUAL FINANCIAL SURVEY

VIEW THE SURVEY INFORMATIONAL WEBINAR RECORDING

For more than 20 years, GBA has been collecting and sharing key financial metrics from member firms in our annual, confidential, financial-performance survey. Results of the survey allow our members to measure their success against other firms, improve business performance, and optimize efficiency.

GBA is once again partnering with the Environmental Financial Consulting
Group (EFCG) to facilitate the GBA Annual Financial Survey in 2024. Those who complete the survey will have exclusive access to the entire EFCG data set, which includes more metrics and trends so our participating members can track their progress on key financial indicators for companies that match their firm’s size (including firms outside of GBA’s membership).

BENEFITS OF SURVEY PARTICIPATION AND ONGOING GBA/EFCG PARTNERSHIP
• Survey improvements: Easy to fill out and provide information.
• Exclusive access to in-depth data from across the industry (including firms outside of GBA’s membership), which provides a snapshot of AEC industry performance and key trends.
• First-time respondents will receive a benchmarking analysis to help them understand their strengths and weaknesses in relation to peers and identify high-priority areas and initiatives to focus on.
• Data will be presented in an easy-to-understand format.
• Data is customized to GBA member firms, but also meets EFCG’s survey needs so there is no duplication of efforts for firm staff (i.e., there is no need to complete EFCG’s survey).
• Elevates the quality and quantity of information for GBA member firms by accessing a bigger data set from the EFCG survey community of comparable AEC firms.

NEXT STEPS

A representative of each GBA member firm will  receive the survey and submission instructions via email from GBA on Monday, July 29, 2024. The deadline to complete the survey is September 2, 2024 and the full results will be provided in October 2024 to all who complete the survey. All individual submissions will remain completely confidential, and no firm-identifiable data will be shared in the consolidated survey results or the benchmarking analysis.

We look forward to providing GBA members with meaningful financial metrics to help benchmark their business, and be smarter, stronger, and more successful.

QUESTIONS?
A webinar will be held on August 14, 2024 from 1 to 2 p.m. Eastern to provide information about filling out the survey and to answer any questions you may have. Register for the webinar HERE.

You can also contact GBA at (301) 565-2733 or info@geoprofessional.org with questions.