I love spending all weekend filling out hours on spreadsheets!…said no one ever. Yet, I can’t tell you how many architects we have talked to that have said they do exactly that. For decades, architects have adapted to use innovative technology to make their designs a reality. Take for example, tools like: BIM, Virtual Reality, […]
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 […]
Developing a Time Management Discipline
This week I am very happy to share 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 […]