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Sep 16 2013

How Much Will It Cost to Start My Own Architecture Firm?

That is a question that many of my readers ask me each week. The answer will certainly differ depending on whom you ask. When architects ask me how much it will cost to launch an architecture firm, I say, “as much as you need.” Below I will discuss the very basics required to launch a […]

Written by Mark R. LePage · Categorized: Business · Tagged: Starting An Architecture Firm

Sep 08 2013

How To Make Money as an Architect

The number one question, I am asked each week is, “How can I make more money as an architect?” Through my twenty years of experience, I’ve come to realize that much of our financial struggles are due to very simple problems. Yes. We have huge issues in our profession with which we must address, but […]

Written by Mark R. LePage · Categorized: Business · Tagged: Cash Flow, Construction Documents, fees, money

Sep 01 2013

Success and Failures of a Small Firm Architecture Studio

If you’re not failing, then you’re not pushing yourself enough… and real success will never come. The current edition of Residential Architect magazine includes a feature titled, Rebound. It leads with a story about my firm, Fivecat Studio. I shared my story with Cheryl Weber (one of my favorite trade writers) about some of the […]

Written by Mark R. LePage · Categorized: Business

Aug 25 2013

Project Undercurrent

The world is changing rapidly and social media is the fuel. A couple of years ago, my friend, kitchen designer Susan Serra convinced me to join Twitter. I had so many things going on at the time (some things never change) and I was hesitant to commit to another social platform. With Susan’s encouragement, I […]

Written by Mark R. LePage · Categorized: Leadership · Tagged: Project Undercurrent, Social Media, Twitter

Aug 18 2013

Financial Statements for Architects

Without any education in business basics, architects rarely understand the fundamentals of business success. Some months we have money left over and other months we struggle to pay each bill. For years, I ran my business with no real understanding of how to end each month with a profit. Seven years into owning our own […]

Written by Mark R. LePage · Categorized: Business · Tagged: Balance Sheet, Financial Management for Architects, Financial Planning, Financial Statements, Income Statement

Aug 04 2013

Living a Balanced Life as a Small Firm Architect

As small firm architects, work/life balance plays a critical role in the success of our businesses, as well as the success of our families. In Annmarie’s and my case (and I hope it will be the case with many sole proprietor and small firm architects) our work and our life have integrated themselves into one […]

Written by Mark R. LePage · Categorized: Business · Tagged: productivity, small firms, work/life balance

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