The majority of architecture and design firms employ fewer than ten people. As with any small business, the owner/principal of these firms must make plans for all of the eventual transitions that will impact the practice and any or all of the people therein. This book in the Professional Practice Essentials Series offers comprehensive advice on the subject, specifically tailored to the practicing design professional. Here, a noted consultant who specializes in architecture firm management addresses a host of vital transition issues, including growth, expansion, management changes, internal transitions, mergers, acquisitions, liquidations, retirements, and much, much more.
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Easy access to crucial business information for design professionals
Find the concise, practical business information you need right now in the Architect’s Essentials of Professional Practice Series. These authoritative guides quickly make you an instant expert on the best business practices crucial for success in today’s design and construction professions. Each portable, affordable, user-friendly volume gives you:
- Authoritative advice from leading national figures
- Flip-and-find access to critical business information
- Bulleted lists and callout boxes for quick reference
- Clear, insightful explanations of complex business topics
Architect’s Essentials of Ownership Transition takes the guesswork out of buying, selling, merging, and other forms of design firm ownership transfer. It provides instant access to highly focused, very specific advice on all critical transition phases, including candidate selection, valuation, transfer mechanisms, implementing an ownership transition program, and more. Written by leading experts in the field, it is an indispensable resource for architects, landscape architects, interior designers, and other design professionals planning to participate in an ownership transition.
About the Author
PETER PIVEN, FAIA, is the Philadelphia-based Principal Consultant of The Coxe Group, Inc., the oldest and largest multidiscipline firm providing management and marketing consultation to design professionals.
WILLIAM MANDEL, Esq., is a founding partner of the San Francisco--based MBV Law LLP, a law firm that specializes in merger/acquisition and ownership expansion programs for design professionals and other businesses.
WILLIAM MANDEL, Esq., is a founding partner of the San Francisco--based MBV Law LLP, a law firm that specializes in merger/acquisition and ownership expansion programs for design professionals and other businesses.
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Essentials of Ownership Transition,
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This review is from: Architect's Essentials of Ownership Transition (The Architect's Essentials of Professional Practice) (Paperback)
The book is small, but filled with very good information presented in an easy to understand format. Well worth the price.
3 of 5 people found the following review helpful:
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Straight Talk from the Expert,
By A Customer
This review is from: Architect's Essentials of Ownership Transition (The Architect's Essentials of Professional Practice) (Paperback)
A terrific overview of the sometimes complex concepts surrounding a change in leadership or ownership of design firms. Lays out the options for a couple of different ways to transfer ownership/leadership and includes case studies that show how different options have been carried out. It's a solid book that talks directly to architects, interior designers and landscape architects. Recommended for anyone being considered for a future leadership role in a firm - and definitely for anyone or any firm getting ready for a transfer of ownership or leadership.
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Inside This Book
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First Sentence:
Every firm need, but often overlooks, an effective plan to recognize leadership, expand ownership, and/or perpetuate the firm. Read the first page Key Phrases - Statistically Improbable Phrases (SIPs): (learn more)
ownership transition program, material information about the firm, weighted average net revenues, ownership transfer mechanisms, disabled stockholder, deferred federal income tax, stockholder agreement, candidates for ownership, deceased stockholder, secured promissory note, adjusted net worth, stock purchase agreement, deferred compensation agreement, selling owner, percent ownership interest, adjusted net income, remaining stockholders, indemnification agreement, term sheet, other stockholders, ongoing entity, external sale, spousal consent Key Phrases - Capitalized Phrases (CAPs): (learn more)
Offering Memorandum, Profile Factor, Design Group, Documenting the Ownership Transition Program, Employment Agreement, Determination of Weighted Averages, Choosing the Form of Entity, Designing the Ownership Transition Program, Internal Transfer Mechanisms, Employee Stock Ownership Plan, General Partnership Agreement, Ownership Transition Program Documents, Profit Distribution Buyer, Purchase Buyer, Valuing the Firm New!
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Front Cover | Table of Contents | First Pages | Index | Back Cover | Surprise Me!
Every firm need, but often overlooks, an effective plan to recognize leadership, expand ownership, and/or perpetuate the firm. Read the first page Key Phrases - Statistically Improbable Phrases (SIPs): (learn more)
ownership transition program, material information about the firm, weighted average net revenues, ownership transfer mechanisms, disabled stockholder, deferred federal income tax, stockholder agreement, candidates for ownership, deceased stockholder, secured promissory note, adjusted net worth, stock purchase agreement, deferred compensation agreement, selling owner, percent ownership interest, adjusted net income, remaining stockholders, indemnification agreement, term sheet, other stockholders, ongoing entity, external sale, spousal consent Key Phrases - Capitalized Phrases (CAPs): (learn more)
Offering Memorandum, Profile Factor, Design Group, Documenting the Ownership Transition Program, Employment Agreement, Determination of Weighted Averages, Choosing the Form of Entity, Designing the Ownership Transition Program, Internal Transfer Mechanisms, Employee Stock Ownership Plan, General Partnership Agreement, Ownership Transition Program Documents, Profit Distribution Buyer, Purchase Buyer, Valuing the Firm New!
Books on Related Topics | Concordance | Text Stats Browse Sample Pages:
Front Cover | Table of Contents | First Pages | Index | Back Cover | Surprise Me!
Citations (learn more)
This book cites 2
books:
- Managing Architectural and Engineering Practice by Weld Coxe in Back Matter
- Leadership Is an Art by Max Depree on page 163
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