This title explores the major issues involved in owning an architectural practice. There's an analysis of owners' valuations of their practices which 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
OTHER WAYS TO BUY
As well as the print edition you can access the ownership data as a Digital Edition.
Buy and download Architects Practice Ownership as a pdf, buy here
Architects Practice Ownership
Contents
Section 1: Survey Background
Introduction
How ownership data is collected
Respondent profile
Notes and Definitions
Section 2: Who are Owners?
The legal form of ownership
Who owns architectural practices
How owners acquired their share
Length of ownership
Section 3: Ownership & Management
Board of Directors
Sources of conflict
Section 4: Principals’ Remuneration
Average Earnings
Section 5: Valuation
Valuation overview
How many practices know their value
Methods of valuing
Average valuations
Relationship between value, turnover and profit
Section 6: Acquisitions, Mergers and Splits
Level of M&A activity
Why practices merge
Difficulties encountered
De-mergers and splits
Section 7: Disposing of a Practice
Owners’ plans
How architects actually dispose
Values achieved at disposal
Section 8: Retirement
Income in retirement