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How the CARES Act Provides Relief for Small Firm Architects

EntreArchitect

As small firm architecture business owners, many of us may benefit from this historic legislation. There is $350 billion allocated for the Small Business Administration to provide loans of up to $10 million per business. Listen to our friends over at Inside the Firm Podcast for their commentary on this section of the bill.

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The Seven Most Common Bookkeeping Mistakes Made by Small Firm Architects

EntreArchitect

I’ve sorted through a lot of messy books in the 17 years that I’ve been in the accounting industry. Most importantly, how would an architect understand the business impact that an amazingly organized set of books can have, compared to a set of books that work “just fine”? You wouldn’t. No system at all. Receipts in a shoebox?

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The Power of Blogging as a Small Firm Architect

EntreArchitect

The blog is still one of the most effective tools a small firm architect can use to foster community. Small firm architects are busy people. I have learned how to quickly craft articles that keep my community informed, entertained and coming back week after week. The Power of Blogging for Architects.

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Bookkeeping Basics for Small Firm Architects

EntreArchitect

There’s absolutely nothing creative about it and yet it is crucial to the growth of all design firms. To have a profitable business you must make well informed business decisions. To make well informed decisions you need to have financial clarity. Keep your accounts/books clean, accurate, and current to obtain financial clarity.

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Do Small Firm Architects Need Professional Liability Insurance?

EntreArchitect

It is painful though to look at the books each year and see the cost of insurance at the top of the list. Relative to the other expenses of a small firm, professional liability insurance is down right expensive… until you need it. The post Do Small Firm Architects Need Professional Liability Insurance?

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A Simple Sales System for Small Firm Architects

EntreArchitect

A Simple Sales System for Small Firm Architects. I collect their contact information, including home, office and mobile telephone numbers, email addresses, postal address of the potential project and the year the home was built. It was the first business book I ever read and it is still one of my top 10 favorites.

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How to Make More Money as a Small Firm Architect

EntreArchitect

Most sole proprietors and small firms I know, struggle to meet the minimum requirements of operation. During the Design Development Phase of each project, we provide our clients with a “shopping list” and contact information to suppliers and sales people we know, like and trust. Forget about profit.