Accountable accounting

For the first six years and three months of Mihaly Slocombe's existence, we relied on a lean methodology and Microsoft Excel to manage our business. But my growing constellation of Excel spreadsheets eventually began creating as many problems as they were solving. The increasing trouble I was having with them triggered a broader realisation that... Continue Reading →

Renovating our business

When we founded Mihaly Slocombe in 2010, Erica and I had never been taught how to manage or grow a business. Naïvely we thought we could work it out ourselves, piecing together every fragment of the puzzle through trial and error. Our learning curve was steep and often rocky. I sometimes think back on those first... Continue Reading →

YouTube advocacy

Late on Wednesday night, a colleague alerted me to a perturbing YouTube video uploaded by the Association of Professional Builders. Despite its official-sounding name, APB is in fact a marketing agency that "specialises in helping building companies to increase their leads, sales, profits and professionalism." Its goal is to assist builders to stay in business, which it facilitates through online training,... Continue Reading →

Explaining incremental tasks

There are three traditional methods by which an architect can charge fees to her client: the percentage fee, lump sum fee, and hourly rates. Inspired by the lean startup strategy, there's a fourth method that's emerging amongst younger practices: incremental tasks. This is the last in a series of five articles that will assess the benefits and disadvantages... Continue Reading →

Explaining hourly rates

There are three traditional methods by which an architect can charge fees to her client: the percentage fee, lump sum fee, and hourly rates. Inspired by the lean startup strategy, there's a fourth method that's emerging amongst younger practices: incremental tasks. This is the 4th in a series of five articles that will assess the benefits and disadvantages... Continue Reading →

Explaining the lump sum fee

There are three traditional methods by which an architect can charge fees to her client: the percentage fee, lump sum fee, and hourly rates. Inspired by the lean startup strategy, there's a fourth method that's emerging amongst younger practices: incremental tasks. This is the 3rd in a series of five articles that will assess the benefits and disadvantages... Continue Reading →

Explaining the percentage fee

There are three traditional methods by which an architect can charge fees to her client: the percentage fee, lump sum fee, and hourly rates. Inspired by the lean startup strategy, there's a fourth method that's emerging amongst younger practices: incremental tasks. This is the 2nd in a series of five articles that will assess the... Continue Reading →

Explaining the architectural fee

According to the standard client and architect agreement published by the Australian Institute of Architects, there are three traditional methods by which an architect can charge fees to her client: Percentage fee Lump sum fee Hourly rates[1] There's a fourth method that's emerging amongst younger practices, inspired by the lean startup strategy and the practice of web-based design platforms... Continue Reading →

When the beast gets hungry

Continued from Feeding the beast... Our financial forecasting has proved to be a great tool to keep the Mihaly Slocombe beast satiated year-round. By starting with the money, we can prioritise projects and tasks to help us reach our earnings target each month. We can work out who's going to work on what, how long it should take and when... Continue Reading →

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