Remove Document Remove Estimating Remove Finances Remove Small Firm
article thumbnail

New Year. New Budget.

EntreArchitect

Here at EntreArchitect, all throughout the month of January we are focusing our content on the business category theme of Finance. Rena’s presentation provided members with everything they need to know to organize their finances and understand the flow of money in and out of their firms. Step By Step.

article thumbnail

Almost 40 Tips for Starting an Architecture Firm

EntreArchitect

We decided to submit our proposal for an event called “Planning a Practice”, which would bring together an Architect, attorney, finance, and branding/strategic marketer to teach young architects the fundamental skills for starting their own practice. Keep track of your finances. Leave your current practice on good terms.

article thumbnail

A Financial Management System for Architects

EntreArchitect

There are three types of financial statements that every accounting system should be able to develop for the firm principal(s) to review every month; they are: The Balance Sheet: This report indicates the current status, on a real-time basis, of a firm’s financial condition related to Assets, Liabilities and Equity.