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 […]
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 […]
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 […]
The Power of the “Profit First” Culture in Architecture
We architects have deeply rooted positive passion for what we do. As artists we love to manipulate form and space, in order to impact the lives of others. We are thrilled every time we walk through one of our structures. Our fuel is the excitement and emotional reaction that others have for our art. We […]
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 […]
Developing a Powerful Profit Plan for Your Architecture Firm
This is a post pulled from the EntreArchitect archives. It was originally prepared in February 2013 by my friend Steven Burns, FAIA as Step 7 of the original EntreArchitect Academy “12 Steps to Success” Blog Series. Still one of the most popular posts on the blog; in this 3-part article Steven walks us through the step-by-step process of developing […]
7 Key Financial Performance Indicators for a Successful 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 […]
Business Basics for Architects: Gross Income vs. Net Income
This post is the first in a series of articles where I will focus on Business Basics for Architects. Without the business background required for success, there are many relatively simple terms and strategies that we, as business owners, need to know but were never taught. These are the critical elements of business success that […]
The Passion Profit Cycle of Success [Archive]
This Entrepreneur Architect community has grown tremendously these past 12 months. If you are new to the community, “Welcome!” With that thought in mind, I will periodically share some of my favorite posts from the Entrepreneur Architect archive. This post, from October 2012 (two months before the 12/12/12 relaunch), is one of my favorites. […]
You Are Worth More
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 Community are always those where we discuss the forbidden fruit of topics; compensation. Post after […]
Entrepreneur Architect Academy 007.1 | How To Become The Richest Architect You Know (Part 1 of 3)
None of us will admit it, but I know… deep down we all want to be rich. Don’t worry. I won’t tell anyone. Let’s all get rich in secret. Here’s how… This is Part 1 of a 3 part guest post by Steven Burns, FAIA, the Director of Product Strategy and Innovations at BQE Software. Steve is […]
The Passion Profit Cycle of Success
Prior to starting our own firms, we business-owner architects experienced an “entrepreneurial seizure”, as Michael Gerber so accurately described in his book, The E-Myth Revisited: Why Most Small Businesses Don’t Work and What to Do About It. It’s the precise moment when a passionate employee commits to starting her own firm. Frustrated by the process […]