article thumbnail

Six Ways To Earn More Profit As A Small Firm Architect

EntreArchitect

During good times and bad, the dangers threatening our firms not only come from outside pressures but literally from inside our heads. Six Ways To Earn More Profit As A Small Firm Architect. Here are six approaches to earning more profit as a small firm architect: 1. Remember, without profit our firms will fail.

article thumbnail

Basic Financial Statements for Small Firm Architects

EntreArchitect

Seven years into owning our own small firm, Annmarie and I decided to make some changes. During the first two business days every month I prepare my client invoices (receivables), pay my bills (accounts payable), reconcile my bank accounts and credit card statements and review my financial statements.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

AIA Antitrust and Establishing Fees for Small Firm Architects

EntreArchitect

Fees for Small Firm Architects. There are hundreds of articles, forums, blog posts and comments discussing how we architects are not paid enough and how our clients don’t understand what we do. As creatives, our passion seeks the art of design and the process of developing a concept into construction.

article thumbnail

Do Small Firm Architects Need Professional Liability Insurance?

EntreArchitect

Relative to the other expenses of a small firm, professional liability insurance is down right expensive… until you need it. If our business systems failed and the firm was required to defend itself without a policy, we certainly would have been crushed by the costs involved in such a legal action.

article thumbnail

How to Make More Money as a Small Firm Architect

EntreArchitect

The personal emotion, attachment and dedication that each project receives is unequaled in any other profession.The time and effort required to properly develop a design and complete a thorough set of construction documents is difficult for most anyone outside the profession to understand. Construction Services. Forget about profit.

article thumbnail

Developing a Powerful Small Firm Culture from the Ground Up

EntreArchitect

Marica finds inspiration by surrounding herself with creative people, collaborating with her clients, and forging strong working relationships with her contractors. In this article Marica shares her recent experience with building a new team for her small firm and how she is being intentional about the culture in which they work.

article thumbnail

How To Get Published as a Small Firm Architect

EntreArchitect

Publication is a form of social proof indicating that our designs are worthy of our prospective clients’ attention. Does the project utilize innovative technology or construction assemblies? Assemble a collection of your best works and publish your own monograph to share with prospects and clients. Self Publish.