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How to Sell an Architecture Firm: Build for Growth, Plan for Exit

EntreArchitect

In a recent episode of the EntreArchitect Podcast, I sat down with Brad Farris of Anchor Advisors to talk about exactly that: what it takes to grow and sell a successful architecture firm. Here are my biggest takeawaysand why I think every architect should be building their firm like they plan to sell it, even if they never do.

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The Importance of a Business Loan Calculator for Architects and Small Firms

Archeyes

Whether launching a new firm, expanding operations, or financing a major project, securing a loan is often necessary. The post The Importance of a Business Loan Calculator for Architects and Small Firms appeared first on ArchEyes. Access to funding is a crucial aspect of running an architecture practice.

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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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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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Content Marketing for Architects: How to Build Authority and Trust with Strategic Content

EntreArchitect

As a business development manager at a prominent design and planning firm based in Raleigh, NC, he plays a crucial role in connecting clients with the right experts to turn their visions into reality. Jed found himself answering the same questions over and over about development, real estate, and finance. The problem?

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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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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.