Blog Archives

Financial Management for Architects - Fundamentals 1

10/25/2020

Fundamentals - How an Architectural Firm Works

TWINDOW STORY

10/24/2020

A Story About Natatorium Windows

Planning A Basement - Rule Of Thumb

10/18/2020

Basements sound like a really good value -
residential, yes; commercial, no.

The Financial Model of an Architect’s Office is a well-kept secret. I have never seen it mentioned anywhere. But there are several things that need to be in balance to get positive financial results. The resources available from the AIA are only useful if you already have an MBA-like understanding of finances.

A Financial Model entails more than “Income minus Expenses should be a positive number.” Negative numbers equal poison. You can’t survive much poison.

I have to mention Page Highfill here. He is the architect who told me about the
financial model that architects need to know about.