More business support during Covid-19

The Australian federal government has announced a further $130b economic stimulus package in response to Covid-19, bringing the total federal stimulus to $319b (or around $24,700 per working Australian). To put this staggering sum into context, the total stimulus provided by the government during the Global Financial Crisis was just $52b or $4,800 per working Australian. Which... Continue Reading →

Business support during Covid-19

The Australian federal government has announced a $189b economic stimulus package in response to Covid-19, which includes a number of support measures for small to medium businesses. State and territory governments have also announced stimulus packages. What follows is a summary of the main support initiatives that will flow the way of architecture practices over coming... Continue Reading →

Architects vs the banks

A few years ago, I started encountering disturbing reports of banks unwilling to grant small construction loans where Australian Building Industry Contracts are used. ABIC contracts are published by the Australian Institute of Architects in partnership with the Master Builders Association. They are a suite of plain English building contracts with versions suitable for major, simple and... Continue Reading →

The data of growth

Last week, I reflected on our goals for growth. I looked back through the history of Mihaly Slocombe and explored the decisions we've made as we've expanded from two to eight people. I concluded that we began growing without a systematic reason to do so. We had a little more work than we could handle,... Continue Reading →

To grow or not to grow

A couple of colleagues of mine, Dave Sharp and John Ellway, responded to my resource planning post a fortnight ago by asking for my take on why our headcount at Mihaly Slocombe is growing. In the post, I had discussed the benefits of a larger team, and its normalising effect on our earnings. Dave and John were... Continue Reading →

Goals oriented planning

In the early days of Mihaly Slocombe, we had no idea how to plan. We knew what needed doing, on what projects, and in what order, but we never attempted to put it all together. We had no conception of short cycle planning, of how to line up tasks each month to achieve a setlist... Continue Reading →

Predictable profitability – part 3

This is the fifth article in a series examining how we are transitioning our architecture studio from a lean startup to a more mature business methodology. In the last article, I shared my research into twenty six different resource scheduling apps, and the approach I used to whittle them down to a shortlist of four: Coincraft,... Continue Reading →

Predictable profitability – part 2

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 →

Predictable profitability – part 1

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 →

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