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The Seven Most Common Bookkeeping Mistakes Made by Small Firm Architects

EntreArchitect

How would an architect know that supplies purchased for a project shouldn’t fall under regular office expenses? For those of you who are tackling bookkeeping yourselves, here are the most common mistakes I see when I take over this role from small architecture firm leaders: Too many “hands in the Quickbooks jar.”

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

EntreArchitect

To qualify for the R&D tax break, an architect must be working on a project that involves experimentation or the development of a new product or process. These include the cost of hiring employees to work on the project, purchasing supplies and equipment, and paying for outside consulting services.

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AIA: Crowd-funding shows promise for financing real estate projects

BD+C

The Securities and Exchange Commission today voted 5-0 to propose rules aimed at letting startups tap large numbers of ordinary investors for small amounts of capital. read more.

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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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Behind The Design 004: Titan Two by F9 Productions

EntreArchitect

Project Name. Project Location. Firm Address. What was the marketing strategy behind acquiring this project? What was the marketing strategy behind acquiring this project? If its a development project, what is the marketing strategy to sell it? Our firm built the Atlas Tiny House project with our own money.

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

EntreArchitect

To learn more about Steve and his firm Management Consulting Services, visit his website at ManagementConsultingServices.com. By the time I got around to starting my formal architectural education, I had already completed four years of employment as an intern with several architectural firms in New York and Los Angeles.

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Developing a Powerful Profit Plan for Your Architecture Firm

EntreArchitect

Still one of the most popular posts on the blog; in this 3-part article Steven walks us through the step-by-step process of developing a powerful Profit Plan for our architecture firm. Financial Management for the Small Architectural Firm: The Prologue. Did you ever sit down and map out your firm’s operating budget?