Forms of Practice

26 March 2019 - Chris Askew

Set-up

g

Gap in market - USP - Reason for starting a practice

- > Practice Plan

A

B

C

D

E

F

Mission Statement

- be unique & stand out

Partnership

- share of profits (how much the partners put in (stake), how much they work, who gets the work)

Community Interest Group

- sales go to community

Employee Ownership

Difference between EoC and EoT

EBT (about Ownership)

- good for tax purposes, especially when sold

- management structure discussion (eveyrone get more involved)

Cooperative (about Management/Running)

Agreement: Liability, Funding/Capital, Ownership, Exit provision/Succession Plan, Decision Making (scale/divisions)

Bidding Strategy to Pay Staff & Funding

Business Plan for Architects

- Lucy Mori

Qualitative & Quantitative objectives

- how are these related?

- surely shouldn't be isolated?

- Financial (Quantitative) <-> Clients (Qualitative)

Practice focus? New Build, Conservation or Refurb, or a mix to cover a larger part of the market = be more competitive