Architects Practice Ownership 2020 edition

This title explores the major issues involved in owning an architectural practice. The report analyses owners' valuations of their practices and shows the relationship between valuation, turnover and profits. And there's data on mergers, acquisitions, and disposals. Essential information for those contemplating succession planning.

 

Plus: earnings data for Principals: income received by retired architects; information about ownership structures, fee earnings and profits; conflicts in practice ownership.

 

The analysis shows:

Valuation - how many practices know their value, who calculates it, methods of valuation

Acquisitions & mergers - level of activity, agreeing a value, difficulties encountered

Financial data - turnover, profits

Principals’ remuneration analysed by practice size, formation type, length of practice ownership

Practice profiles - age of practice, length of ownership, type of legal entity, how many people own shares, Boards of Directors, sources of conflict

Disposing of a practice - methods, values, difficulties

Retirement - how architects actually disposed of their practice, how valuations were achieved, income in retirement