You don’t need to be a financial wizard to ensure the future success of your design firm! An accessible guide to financial management,
Building a Sustainable Design Firm is for mid-career design professionals looking to advance their careers but who have little or no financial management experience. Using a simple, step-by-step format, this book shows design professionals how to:
• Develop an annual budget and profit plan
• Calculate the overhead rate for a firm
• Calculate the break-even rate and hourly billing rate for each employee
• Establish project fees
• Use readily available financial information in successful negotiation
• Design and interpret financial reports
• Plus: clear explanations of the fundamentals of financial management!
Steve L. Wintner, AIA, is an architect and founding principal of Management Consulting Services, a consultancy specializing in design firm management. A registered architect since 1968, he is also a contributing author to several books on financial management.
Michael Tardif, Assoc. AIA, Hon. SDA, is a freelance writer and editor with extensive experience as a project architect and manager, design technology consultant to architectural/engineering firms, and director of educational programs and publications for design professionals. He is a contributing editor of The Architect’s Handbook of Professional Practice, 13th Edition (American Institute of Architects), and is a lifetime honorary member of the Society of Design Administration.