How to Start an Architecture Firm

4 mins read
Architecture Firm
Architecture Firm

Working as an architect is an incredible career and a very specialist role. You will be working with a team of other talented people to create gorgeous buildings that will leave their mark on the town or city the project is located in – and it could even be a design from your imagination that is being turned into a reality. Yes, it certainly is a very exciting career path to follow, but rather than continuing to work for another architecture firm for years, you might want to open one yourself. If this is the case, below are a few basic tips on how you can pursue business ownership as an architect.

Network

A good place to start if you want to one day open an architecture firm is making sure that you take advantage of the networking opportunities that come your way. This will benefit you no matter what you’re position on the career ladder and making new connections and even working on maintaining current professional relationships is key. You never know who you might need to rely on to help with your business venture, whether that’s to offer you some advice or perhaps even coming to work with you at your new firm.

Develop a Strong Business Plan

Of course, if you’re going to start a new business, you will need to take the time to research and develop a quality business plan. There are many resources online that you can use to help if you haven’t done anything like this before, or you can hire a business consultant if you would prefer. You must remember to include a cash-flow forecast, a breakdown of your business expenses and estimated profits, marketing strategies, an executive summary and description of your business, a competitive analysis, and an outline of your operation plans. Once you have completed your business plan, you can use it to secure a business loan from a bank or private investor.

Make Note of Useful Services

You will likely have limited resources and peoplepower if you’re hiring a small team as a new firm. This is why looking at outsourcing certain tasks for your firm to other professional services could be a cost-effective way to ensure that all of your bases are covered. For example, hiring a marketing agency to help with your campaigns and reach customers. IT services to help protect business and client data, as well as manage your other tech needs in the office. Even using 3D printing services such as Shapeways could be beneficial to you when you need to present a model of your designs to clients. Consider all the jobs you might need external help with, and then look into whether or not outsourcing will work well for your firm.

Hire the Right Team

Finally, if you want your architecture firm to be successful, you will need the right team of staff by your side. You need to hire individuals who are just as passionate about architecture as you are and have the right skill set to handle their position. However, remember to think about how you can offer your staff progression opportunities within your firm, too, as this will inspire staff loyalty and make your firm an attractive place to work.

If you are a qualified architect or soon to be one, and you have always had dreams of opening a firm yourself, consider the tips above and see how they can help you on your journey to business ownership.

 

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