Financial management
Most newly qualified architects have scant knowledge about the practicalities of running a practice and in particular the challenges of managing the financial side of the business. This book highlights the major financial risks and how these can be avoided. The chapters give straightforward advice and practical solutions based on the author's years of hard-won experience. Friendly, clear and concise, it will give you all the knowledge and tools you need to plan for business success. Based on th…
Read More ↓Title Statements
- Full title :Financial management / Brian Pinder-Ayres.
Summary
Most newly qualified architects have scant knowledge about the practicalities of running a practice and in particular the challenges of managing the financial side of the business. This book highlights the major financial risks and how these can be avoided. The chapters give straightforward advice and practical solutions based on the author's years of hard-won experience. Friendly, clear and concise, it will give you all the knowledge and tools you need to plan for business success. Based on the original Good Practice Guide, this updated and re-designed version is now even more comprehensive and contains detailed information on fees, as well as real life anecdotal advice from practitioners, updated references, and is in line with the latest legislation. This is invaluable reading for sole and small practitioners of architecture and other creative industries.
Read More ↓Edition Statements
- Publication Date:©2016
Publication Statements
- Publisher(s):RIBA Publishing
- Place of Publication:Newcastle upon Tyne
- Language:eng
- Publication Date:©2016
The Physical Object
- Description:1 online resource
Edition Identifiers
- ISBN:9781000700282, 1000700283, 9780429346576, 0429346573, 9781000701500, 1000701506, 9781000700893, 1000700895
- oclc:on1112264949
- LC Classification:NA1996
- Dewey Decimal:720.681
Table of Contents
Cover; Title; Copyright; CONTENTS; FOREWORD; SERIES EDITORS' FOREWORD; ABOUT THE SERIES EDITORS; ABOUT THE AUTHOR; ACKNOWLEDGEMENTS; INTRODUCTION; 1. SETTING UP IN PRACTICE; CHOOSING THE RIGHT FORM OF BUSINESS FOR YOU; SOLE TRADER AND PARTNERSHIP; LIMITED LIABILITY PARTNERSHIP; LIMITED COMPANY; THE FUNDAMENTA LS OF FINANCIAL MANAGEMENT; CONTROL OF WORKING CAPITAL; MULTILEVEL MANAGEMENT; RAISING FINANCE; SUMMARY; 2. THE FIRM FOUNDATIONS; BASIC BOOK-KEEPING; MONTHLY PROFIT REPORTING; KEY PERFORMANCE INDICATORS; LIQUIDITY KPIS; SUMMARY; 3. PLANING THE FINANCIAL HEALTH OF THE PRACTICE
DEVELOPING A STRATEGIC PLANTHE ANUAL BUDGET; ZERO-BASED BUDGETS; IDENTIFYING THE KEY LIMITING FACTOR; THE BUDGET-SETING PROCESS; CONTROLLING THE BUDGET; CAPITAL EXPENDITURE BUDGETS; BUDGETS FOR THE SOLE PRACTITIONER OR SMALL PRACTICE; SUMMARY; 4. PROJECT REPORTING AND CONTROL; THE CALCULATION OF COST; SUMMARY; 5. FEE PROPOSALS -- SETTING A REALISTIC FEE; TRADITIONAL APPROACHES TO SETTING FEES; PERCENTAGE FEES; LUMP SUM FEES; TIME CHARGES; 'PERCENTAGE CEILING' FEES; UNIT PRICE FEES AND FEES FOR REPETITION; LICENCE FEES; EXPENSES; FEE ADJUSTMENTS AND CHANGES
REVISION TO BRIEF OR CLIENT'S INSTRUCTIONSACCE…
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