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

| Nov 26, 2013

Construction costs rise for 22nd straight month in November

Construction costs in North America rose for the 22nd consecutive month in November as labor costs continued to increase, amid growing industry concern over the tight availability of skilled workers.

| Nov 26, 2013

Design-build downsized: Applying the design-build method in an era of smaller projects

Any project can benefit from the collaborative spirit and cooperative relationships embodied by design-build. But is there a point of diminishing return where the design-build project delivery model just doesn't make sense for small projects? Design-build expert Lisa Cooley debates the issue.

| Nov 25, 2013

Insider tips on how to get picked a BD+C 40 Under 40 winner

We just posted the Entry Form for our 9th Annual BD+C "40 Under 40" competition. Frankly, the Entry Form is just the basic data. The real meat of your entry is your Personal Statement.

| Nov 25, 2013

Building Teams need to help owners avoid 'operational stray'

"Operational stray" occurs when a building’s MEP systems don’t work the way they should. Even the most well-designed and constructed building can stray from perfection—and that can cost the owner a ton in unnecessary utility costs. But help is on the way.

| Nov 25, 2013

Manufacturers race to offer EPDs, HPDs in response to LEED v4

Under LEED v4, projects are awarded points for using at least 20 building products that have issued Environmental Product Declarations or Health Product Declarations. In response, manufacturers are racing to offer EPDs and HPDs for their product lines. 

| Nov 25, 2013

Electronic plan review: Coming soon to a city near you?

With all the effort AEC professionals put into leveraging technology to communicate digitally on projects, it is a shame that there is often one major road block that becomes the paper in their otherwise “paperless” project: the local city planning and permitting department. 

| Nov 22, 2013

Health Product Declaration Collaborative to develop protocol for third-party verification of HPDs

Seven leading product sustainability assessment companies partner with the HPD Collaborative to develop the verification and quality assurance protocols.

| Nov 22, 2013

Kieran Timberlake, PE International develop BIM tool for green building life cycle assessment

Kieran Timberlake and PE International have developed Tally, an analysis tool to help BIM users keep better score of their projects’ complete environmental footprints.

Sponsored | | Nov 20, 2013

Four faces of curb appeal

The Furniture Row retail center in Charlotte, N.C., incorporates four specialty stores in a distinctive, efficient structure. 

| Nov 20, 2013

Architecture Billings Index slows in October; project inquiries stay strong

Following three months of accelerating demand for design services, the Architecture Billings Index reflected a somewhat slower pace of growth in October. The October ABI score was 51.6, down from a mark of 54.3 in September.

boombox1
boombox2
native1

More In Category


Construction Costs

Data center construction costs for 2024

Gordian’s data features more than 100 building models, including computer data centers. These localized models allow architects, engineers, and other preconstruction professionals to quickly and accurately create conceptual estimates for future builds. This table shows a five-year view of costs per square foot for one-story computer data centers. 


Sustainability

Grimshaw launches free online tool to help accelerate decarbonization of buildings

Minoro, an online platform to help accelerate the decarbonization of buildings, was recently launched by architecture firm Grimshaw, in collaboration with more than 20 supporting organizations including World Business Council for Sustainable Development (WBCSD), RIBA, Architecture 2030, the World Green Building Council (WorldGBC) and several national Green Building Councils from across the globe.


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