Successful Practice Management Requires Knowing Your Competition
How have your billings changed over the past few years? Have you expanded your scope of services into other client types, project types, or locations? What do you see as the next wave of prospective clients—government, homeowners, or private corporations interested in sustainable design?
Comparing business practices and firm performance are keys to managing a successful practice—but you can’t necessarily call your competitors and ask for their input. With the new The Business of Architecture: 2014 AIA Firm Survey Report, we’ve surveyed more than 2,000 AIA member firms, and collected the data points you need to gain valuable insight and information on today’s architecture marketplace.
We’d Like to Reintroduce You to Your Profession
Covering topics such as firm billings, staffing, international work, and construction sectors, the report offers metrics by which you can measure your practice and rate your performance in comparison to peers with similar business practices.
Firm and Staff Profile—Did you know?
• Architecture firms have been adding more design disciplines over the last decade.
• With losses during the economic downturn, architecture firms have become smaller and younger.
• Following increased outsourcing to consultants during the recession, firms are bringing design services back in-house.
Firm Billings—Did you know?
• As work picks up following the recession, net billings at architecture firms have increased.
• Firm profitability has improved in the last two years, permitting more reinvestment into the firm and staff.
• Firms have become more willing to accept riskier basis of payment methods as they emerge from the economic downturn.
Construction Sectors Served—Did you know?
• Renovations of existing facilities account for a larger share of design activity than during the last construction boom.
• Even though the institutional sector has yet to begin to recover, this sector accounts for half of firm billings.
• The design of new multifamily residential projects currently accounts for half of residential billings at firms.
Project Management & Delivery—Did you know?
• Basic design services continue to dominate architecture firm billings.
• Over the next year or two, the share of firms using BIM in some capacity should exceed 50 percent.
• Energy modeling and resilient design are growing niches in the profession, though both are still early in the adoption cycle.
International Work—Did you know?
• Nearly two-thirds of large firms worked on international projects in 2013.
• As more firms expand their scope of work abroad, gross billings from international work have more than doubled in the last decade.
• Most international projects are located in the Middle East, China, and East Asia.
Learn more about your competition and your profession! The Business of Architecture: 2014 AIA Firm Survey Report is available as a complete report or by five individual chapter topics—it’s essential data for successful practice management.
Individual Chapter Reports
Firm and Staff Profile
Special offer: Buy the bundled
The Business of Architecture: 2014 AIA Firm Survey Report is just one of several quality, authoritative research