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Sep 04 2018

Value Based Compensation for Architects

For years architects have been looking for ways to justify their fees and hourly rates to their clients. It may just be that this “justification” posture is the obstacle to achieving their goal of higher fees and enhanced profitability. Instead, more energy could be expended in improving our communication skills, especially our listening skills. We […]

Written by Mark R. LePage · Categorized: Business · Tagged: Compensation, fees, value based compensation

Aug 14 2018

How To Budget Your Architecture Project Fee

Project Fee Budgeting for Architects Sadly, there’s no way for an architect to guarantee their projects will be profitable, let alone earn a minimum 20% Net Profit at the completion of any project. There are however ‘best practices’ to apply to ensure that a project is profitable and to even successfully earn a minimum Net […]

Written by Mark R. LePage · Categorized: Business · Tagged: accounting, Architecture Fees, fees, finance, financial management, Project Fee Budgeting, Project Management

Dec 26 2017

10 Ways An Architect Can Make More Money

This is an edited repost from deep in the archives. Originally published on the week of this blog’s relaunch on December 12, 2012, this article has been the most popular week in, week out. Leave a comment below or post your thoughts over that The EntreArchitect Community Facebook Group and share your tips and tricks. How […]

Written by Mark R. LePage · Categorized: Business · Tagged: additional services, fees, financial management, money, Profit

Aug 08 2017

Architect-Led Construction Management Services

During my interview with a potential client, I answer many questions. Most are very similar; How much will it cost? How long will it take? Are you available to start right away? Do you have any references? You know… all the questions they learn to ask from their favorite shows on HGTV. Another question that […]

Written by Mark R. LePage · Categorized: Business · Tagged: additional services, architectural services, cm services, Construction Management, fees

Mar 21 2017

AIA Antitrust and Establishing Fees for Small Firm Architects

Fees for Small Firm Architects We’re a disgruntled bunch of professionals. There are hundreds of articles, forums, blog posts and comments discussing how we architects are not paid enough and how our clients don’t understand what we do. The most popular discussions at the EntreArchitect Facebook Group are always those where we discuss the “forbidden fruit” of […]

Written by Mark R. LePage · Categorized: Business · Tagged: AIA, AIA antitrust, American Institute of Architects, Compensation, fees

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

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