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Does Your Architecture Firm Qualify for the IRS R&D Tax Credit?

EntreArchitect

One important thing to note is that the R&D tax credit is only available to small businesses, defined as those with less than $5 million in gross receipts. Larger firms may still be able to claim the tax break, but the amount they are able to claim may be limited.

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The Seven Most Common Bookkeeping Mistakes Made by Small Firm Architects

EntreArchitect

And you probably wouldn’t know that a bookkeeper who specializes in small architecture firms can also help with invoicing, setting up time tracking software to align with fee proposals, project budget summaries that show hours spent vs. available fee, cash flow summaries – and, of course, the basic financial statements, payables, and receivables.

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Almost 40 Tips for Starting an Architecture Firm

EntreArchitect

Almost 40 tips for Starting an Architecture Firm. After obtaining my license as an Architect in New York, I brainstormed several long term goals and decided to start a personal blog, develop design projects, and learn everything that I could about starting an architecture firm.

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Building a Culture of Transparency at Your Architecture Firm

EntreArchitect

Some design firms have a culture of secrecy. Few people outside of the partners know anything about the finances, the vision or the ways in which the business is run. Because the younger employees do not feel engaged, informed or a part of the larger picture, they eventually leave and launch their own firm or join a competitor.

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Why Architects Are NOT Properly Prepared to Own and Operate an Architecture Firm

EntreArchitect

Wintner, AIA, Emeritus, an architecture management consultant and co-author of the book, Financial Management for Design Professionals: The Path to Profitability. To learn more about Steve and his firm Management Consulting Services, visit his website at ManagementConsultingServices.com. Respectfully, Steve L. Wintner, AIA Emeritus.

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How To Build a Successful Architecture Firm With No Debt

EntreArchitect

The illusion of an “established architecture firm” gave way to our reality each time a calling prospect heard the the crying baby in the background. We learned to accommodate our new “partner” and established routines to allow us to keep the firm and our family as separate as they could be within 900 square feet.

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7 Key Financial Performance Indicators for a Successful Architecture Firm

EntreArchitect

Wintner, AIA, Emeritus , an architecture management consultant and co-author of the book, Financial Management for Design Professionals: The Path to Profitability. I am often asked, “How might I make my small firm more financially successful?” The higher the number, the more profitable the firm is.