flexiblefullpage
billboard
interstitial1
catfish1
Currently Reading

Turning Down Projects and Tripling Revenue: One Firm’s Story

Turning Down Projects and Tripling Revenue: One Firm’s Story

How does a firm make the jump from two to twelve employees in just a few years during a recession? Matt Parker, Business Manager at Vertical Arts Architecture, admits surviving and thriving during a recession wasn’t exactly easy. 


By BQE Software | November 21, 2013

They started with just 2 employees and a big dream—to be a premier high-end, multidisciplinary firm, able to provide clients with a full range of services. They wanted to meet and exceed the most discerning clients’ expectations and have Vertical Arts’ vision stamped on every aspect of production.

Since Vertical Arts opened its doors in ’05, they’ve been using ArchiOffice to handle billing and project management. They had fluctuations like everyone else during the roughest years of the recession, yet they’ve more than quadrupled their staff and have plans to expand even more in the coming years.

Their revenue has gone up 300-350% in eight years’ time. Their accountant has even started recommending ArchiOffice to neighboring firms.

They’re able to offer a full service architectural experience—coordinating surveyors, helping clients orchestrate moves or get home inspections done, and allowing consultant billing to come through them.

How Do They Do It?

They Invoice in Half a Day or So

Using ArchiOffice means they can get billing done for all their complex projects in half a day to a day. So all employees’ hours are always billable, and Parker, the company’s only administrative employee can tackle billing efficiently, getting on to his other responsibilities. “If we didn’t have ArchiOffice, we’d have to hire at least one more person, part or full time,” he admits.  Instead, they can take on more jobs and projects because their staff isn’t tied up doing administrative work.

They Organize Projects Ridiculously Well

Parker explains: “We have one specific project that we’ve chosen to divide into with 9 sub-projects, so that we can individually track time and expense per sub-project. And ArchiOffice keeps that whole world organized for us. ArchiOffice allows us to manage more jobs and projects with still just one support staff member.”

 


Since Vertical Arts opened its doors, the firm has been using ArchiOffice to handle billing and project management. The firm can get billing done for their projects in less than a day.

 

Their Client Relationships are Rock Solid

“It streamlines our process and gives us access to tons of information and reports quickly so we don’t spend much time answering questions for clients—we just generate it and send it right back. I know our clients trust our billing and our process. It’s really strengthened our client relationships.”

They Became an Incredibly Impressive Firm

“Overall ArchiOffice is just a great billing and project management software—to be able to go to one place and see all your time, all your budgets, all your invoices and transactions, it just streamlines the administrative side significantly,” explains Parker.

Now, Vertical Arts doesn’t have to settle for taking on uninspiring projects. They do most of their work with a number of individual clients. They’ve achieved their dream of being a multidisciplinary high-end firm—they have an interior designer on staff, a landscape architect, as well as a full architectural team, so they’re able to provide the full range of services they know their clients deserve.

Learn more about ArchiOffice Software here.

Check out Vertical Arts Architecture here. 

Tags

Related Stories

K-12 Schools | Jan 25, 2024

Video: Research-based design for K-12 schools

Two experts from national architecture firm PBK discuss how behavioral research is benefiting the design of K-12 schools in Texas, Florida, and other states. Dan Boggio, AIA, LEED AP, NCARB, Founder & Executive Chair, PBK, and Melissa Turnbaugh, AIA, NCARB, Partner & National Education & Innovation Leader, PBK, speak with Robert Cassidy, Executive Editor, Building Design+Construction.

AEC Tech | Jan 24, 2024

4 ways AEC firms can benefit from digital transformation

While going digital might seem like a playground solely for industry giants, the truth is that any company can benefit from the power of technology.

Giants 400 | Jan 23, 2024

Top 60 Parking Structure Architecture Firms for 2023

Choate Parking Consultants, Page Southerland Page, Gensler, AO, and Elkus Manfredi Architects top BD+C's ranking of the nation's largest parking structure architecture and architecture engineering (AE) firms for 2023, as reported in the 2023 Giants 400 Report.

Industry Research | Jan 23, 2024

Leading economists forecast 4% growth in construction spending for nonresidential buildings in 2024

Spending on nonresidential buildings will see a modest 4% increase in 2024, after increasing by more than 20% last year according to The American Institute of Architects’ latest Consensus Construction Forecast. The pace will slow to just over 1% growth in 2025, a marked difference from the strong performance in 2023.

Giants 400 | Jan 23, 2024

Top 110 Medical Office Building Architecture Firms for 2023

SmithGroup, CannonDesign, E4H Environments for Health Architecture, and Perkins Eastman top BD+C's ranking of the nation's largest medical office building architecture and architecture engineering (AE) firms for 2023, as reported in the 2023 Giants 400 Report.

Giants 400 | Jan 22, 2024

Top 100 Outpatient Facility Architecture Firms for 2023

HDR, CannonDesign, Stantec, Perkins&Will, and ZGF top BD+C's ranking of the nation's largest outpatient facility architecture and architecture engineering (AE) firms for 2023, as reported in the 2023 Giants 400 Report. Note: This ranking includes design revenue for work related to outpatient medical buildings, including cancer centers, heart centers, urgent care facilities, and other medical centers.

Giants 400 | Jan 22, 2024

Top 40 Outpatient Facility Engineering Firms for 2023

Jacobs, IMEG, TLC Engineering Solutions, KPFF Consulting Engineers, and Syska Hennessy Group head BD+C's ranking of the nation's largest outpatient facility engineering and engineering/architecture (EA) firms for 2023, as reported in the 2023 Giants 400 Report. Note: This ranking includes design revenue for work related to outpatient medical buildings, including cancer centers, heart centers, urgent care facilities, and other medical centers.

Construction Costs | Jan 22, 2024

Construction material prices continue to normalize despite ongoing challenges

Gordian’s most recent Quarterly Construction Cost Insights Report for Q4 2023 describes an industry still attempting to recover from the impact of COVID. This was complicated by inflation, weather, and geopolitical factors that resulted in widespread pricing adjustments throughout the construction materials industries.

Laboratories | Jan 22, 2024

Speculative vs purpose-built labs: Pros and cons

Hanbury's George L. Kemper, AIA and R. David Cole, AIA share the unique advantages and challenges of both spec. and purpose-build labs.

Transit Facilities | Jan 22, 2024

Top 40 Transit Facility Architecture Firms for 2023

Perkins&Will, HDR, Gensler, Skidmore, Owings & Merrill, and HNTB top BD+C's ranking of the nation's largest transit facility architecture and architecture engineering (AE) firms for 2023, as reported in the 2023 Giants 400 Report. Note: This ranking includes design revenue for work related to bus terminals, rail terminals, and transit stations.

boombox1
boombox2
native1

More In Category


Healthcare Facilities

Watch on-demand: Key Trends in the Healthcare Facilities Market for 2024-2025

Join the Building Design+Construction editorial team for this on-demand webinar on key trends, innovations, and opportunities in the $65 billion U.S. healthcare buildings market. A panel of healthcare design and construction experts present their latest projects, trends, innovations, opportunities, and data/research on key healthcare facilities sub-sectors. A 2024-2025 U.S. healthcare facilities market outlook is also presented.



halfpage1

Most Popular Content

  1. 2021 Giants 400 Report
  2. Top 150 Architecture Firms for 2019
  3. 13 projects that represent the future of affordable housing
  4. Sagrada Familia completion date pushed back due to coronavirus
  5. Top 160 Architecture Firms 2021