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Jan 31 2017

How To Build a Successful Architecture Firm With No Debt

For the first four years, Fivecat Studio could be found at a basement studio in our little cottage in the woods of Chappaqua, New York. The space was just large enough for one Dell workstation, a couple of bookshelves, a desk chair, a telephone, five cats and me. Each morning I would eat breakfast, kiss […]

Written by Mark R. LePage · Categorized: Business · Tagged: debt, Debt Free Business, Debt Zero, finance, financial management

Nov 21 2016

Financial Management 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: accounting, financial management, financial reports, Profit, profit planning

Jan 19 2016

Basic Financial Statements for Small Firm Architects

A Most Important Habit for Success 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. […]

Written by Mark R. LePage · Categorized: Business · Tagged: Accounting for Architects, financial management, financial reporting, Financial Statements

Aug 10 2015

5 Fundamentals To Learn Before Launching Your Own Architecture Firm

When Annmarie and I launched Fivecat Studio, we were “young and dumb”. We were optimistic and enthusiastic, but we didn’t know what we didn’t know. We were 29 years old, had a dream of starting our own firm and jumped. I always knew I would own my own firm. I’m a born entrepreneur. What I […]

Written by Mark R. LePage · Categorized: Business · Tagged: Business Plan, Customer Service, financial management, Life Plan, Marketing, productivity, sales

Aug 03 2015

Building a Culture of Transparency at Your Architecture Firm

This is a guest post by Todd Reding, the Chief Operations Officer and Vice President for Investments at Charrette Venture Group. How Much Should We Share With Our Employees? 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 […]

Written by Mark R. LePage · Categorized: Business · Tagged: financial management, Goals, transparency

Jul 13 2015

The 6 Critical Steps to a Profitable Architecture Firm

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: financial management, Profit, Profit Plan for Architects

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