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 […]
Bookkeeping Basics for Small Firm Architects
Helping Firms Embrace the Language of Business “Bookkeeping?!?! Psshh. It’s confusing, boring, and I don’t want to do it!” “I went to school for architecture, not business!” “Pencils I know, scales and tracing paper I know! Deciphering the client’s needs and wants? Bring it on! But bookkeeping?!?! What manner of evil is this?” These are […]
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 […]
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 […]
EA107: Financial Intelligence for Small Firm Architects [Podcast]
It takes time and effort to learn what we need to know to be successful. As EntreArchitects, we need to build better businesses. Focusing on our finances must be a priority. Understanding how to prepare, and why to review, the financial reports for our business will make everything else we do easier. It will allow […]
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. […]