EntreArchitect

APRIL 6, 2015

Like any small business, architects must pay the typical operating expenses required to remain buoyant, such as utilities, professional service fees, consultants’ fees, insurances and several other overhead expenditures. Most sole proprietors and small firms I know, struggle to meet the minimum requirements of operation.

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Small Firm Firms Architect Clients 52

EntreArchitect

JULY 12, 2018

The biggest two things are getting contracts over to the client quickly and following up with them frequently. Yes, we utilize prior clients, advertise on Google, update our website, and use Thumbtack. Do you have a formal sales process that you follow to “close the sale” and complete the agreement transaction? Click here to learn how.

Small Firm 52

Small Firm Firms Clients Client 52

EntreArchitect

MARCH 3, 2013

Ken leads the team developing AIA Contract Documents; the most respected collection of agreements for the construction industry. There are many options for agreements, but Ken and his team are working hard to keep our firms protected and our projects running smoothly with tools and resources from the AIA. – Mark.

Contract 52

Contract Architect Architecture Small Firm 52

EntreArchitect

MAY 8, 2018

Billable, Chargeable and Utilization. The other fee-basis type projects are invoiced on a percentage of work completed, or the dollar value of a contract amount. Utilization, is the ratio of chargeable hours to total hours spent, in any defined period of time. The actual exchange of dollars is not considered.

Management 52

Management Utilities Consulting Firms 52

EntreArchitect

JANUARY 22, 2019

To make this possible, the following “behavior modifications” would be necessary: The daily timesheet policy and process must become 100% adhered to, by all firm members, no exceptions. The post The Simple Profitable Power of 1% appeared first on EntreArchitect // Small Firm Entrepreneur Architects.

Firms 52

Firms Management Mining Consulting 52

EntreArchitect

DECEMBER 26, 2017

Like any small business, architects must pay the typical operating expenses required to remain buoyant, such as utilities, professional service fees, consultants’ fees, insurances and several other overhead expenditures. Most sole practitioners and small firms I know struggle to meet the minimum requirements of operation.

Architect 52

Architect Clients Client Insurance 52

EntreArchitect

AUGUST 1, 2017

Utilization rate. Utilization rate: TDL/Total Labor. Backlog Volume: Represents the unbilled portion of existing contracts. Similarly, these proposals also represent the firm’s best chance to attain the budgeted Net Operating Revenue. Profit Plan (PP). The P/L has seven (7) KFPI’s , including: Overhead rate.

Management 52

Management Architect Firms Utilities 52