EntreArchitect // Small Firm Entrepreneur Architects

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Sep 05 2017

Putting First Things First for Balance & Prosperity

How To Get To The Business of Your Business In a recent conversation with a professional colleague who is a small firm practitioner (3 people total), he expressed his frustration with not being able to get to the ‘business of his business’. The demands of clients and project activities, plus other daily priorities leaves precious […]

Written by Mark R. LePage · Categorized: Business · Tagged: Business Systems, chart of accounts, financial management, first things first, time tracking

Aug 22 2017

The Financial Chart of Accounts for Architects

This is a guest post written by Steve L. Wintner, AIA, Emeritus, an architecture management consultant and co-author of the book, Financial Management for Design Professionals: The Path to Profitability. 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 […]

Written by Mark R. LePage · Categorized: Business · Tagged: chart of accounts, financial management, p2p format

Apr 18 2017

How To Fix Your Profitability Problem as a Small Firm Architect

Why Architects Miss Their Profitability Targets For all professional design firms there are two different, yet interrelated levels of profitability – a firm’s overall profitability and the profitability of each completed project. Historically, the profitability of professional design firms is, on average, in the range of 8-12%. While many firms achieve profitability exceeding 12%, the majority […]

Written by Mark R. LePage · Categorized: Business · Tagged: chart of accounts, Financial Management for Architects, Profit, timesheets

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