EntreArchitect

JULY 18, 2021

The styles discussed here are emblematic of many larger professional service firms, of which architecture can be a constituent part. He was elevated to the AIA College of Fellows in 2018 for his more than four decades of professional leadership, mentoring and governmental advocacy. Are some styles better than others?

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EntreArchitect

SEPTEMBER 27, 2016

There’s a statistic that gets thrown around from time to time in professional services industries like architecture. The post Your Story is the Key to Your Success appeared first on EntreArchitect // Small Firm Entrepreneur Architects. It says that 80% of new commissions come from repeat clients and referrals.

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EntreArchitect

JUNE 28, 2021

There’s been some software that attempts to create platforms for all professional service firms including architects, engineers, accountants, and lawyers. But these platforms fail to understand how architecture firms operate so the core problem of practice operations remains unsolved.

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EntreArchitect

MARCH 17, 2013

Relative to the other expenses of a small firm, professional liability insurance is down right expensive… until you need it. we would have been required to exercise the protections our professional liability policy provides. Professional Liability. Fivecat Studio would have been history. – Mark.

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EntreArchitect

FEBRUARY 24, 2013

Some states, including NY where my firm is based, allow professionals to form a Professional Services Corporation. A Professional Services Corporation, or P.C., has the same advantages and protections as a corporation, but is exclusive to professionals such as architects, physicians and attorneys.

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EntreArchitect

JULY 4, 2015

Marketing a residential architecture firm is perhaps different than marketing any other kind of professional service or product in the world. Selling architectural services is all about relationships. This is a guest post by Enoch Sears from Business of Architecture. Please leave your comments and thoughts below.

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EntreArchitect

DECEMBER 8, 2013

Successful selling of professional services involves careful listening and understanding a client’s concerns. The post 3 Ways To Use Your Architecture Firm’s Website As A Sales Tool appeared first on EntreArchitect // Small Firm Entrepreneur Architects. Don’t sell your website short.

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EntreArchitect

NOVEMBER 28, 2017

Nor is it a measure of productivity, which is notoriously difficult to measure in professional service industries, including professional design firms. Finally, it is not, by itself, a measure of profitability, though maintaining a utilization rate in an optimal range can enhance your firm’s profitability potential.

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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.

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Architect Client Clients Insurance 52

EntreArchitect

APRIL 17, 2018

Why not make our businesses more profitable by offering other professional services? Comment below or head over to The EntreArchitect Community , our free private peer group on Facebook dedicated to small firm architects, and share your thoughts. Main Image Photo Credit: Shutterstock / ESB Professional.

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EntreArchitect

MARCH 16, 2007

C801 -1993, Joint Venture Agreement for Professional Services can be used for just such an arrangement. It is intended that the joint venture, once established, will enter into an agreement with the owner to provide professional services. Have you hired another architect to perform as a consultant?

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EntreArchitect

JANUARY 18, 2015

To support my assertion that the Timesheet is one of the most important financial resources of every professional service/design firm, we only have to consider the components of a firm’s accrual-basis, Profit/Loss Statement (P-L), which includes a section defined as, ‘Total Direct Labor (Salary) (TDL)’.

Management 52

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EntreArchitect

APRIL 20, 2015

To learn more about Steve, his firm Management Consulting Services or to dive deeper into the subject that Steve is sharing with us here at EntreArchitect , visit his website at ManagementConsultingServices.com. I am often asked, “How might I make my small firm more financially successful?”

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EntreArchitect

DECEMBER 16, 2012

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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Architect Client Clients Insurance 52

Life of an Architect

DECEMBER 8, 2013

One of the benefits that all architects receive that is a direct result of the AIA’s political involvement is that we [architects] don’t pay sales tax on our professional service fees. Greg Finkle [link] Bob Borson Hi Greg – Great attitude and I commend you on getting your small firm involved.

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EntreArchitect

APRIL 10, 2018

This is probably how most people will start their practice, which is helpful in validating whether or not it’ll be possible to maintain, profit, and grow your firm. Once you acquire more clients and your income/risks grow, you can transition your business into a professional service corporation (PC).

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