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Business of Architecture Podcast

531: Business Strategy for Architectural Practices with Enoch Sears

Apr 26, 2024
Business strategy expert Enoch Sears discusses the importance of strategic planning for architectural firms, balancing short-term and long-term goals, positioning as a premium brand, charging what you're worth, and setting aside time for crucial tasks. Learn how to maximize growth and profitability by strategically positioning your practice and focusing on important but not urgent tasks.
17:57

Episode guests

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Quick takeaways

  • Balancing short-term and long-term goals is crucial for sustained growth in architectural practices.
  • Positioning your architectural practice as a premium brand can lead to higher fees and sustainable business growth.

Deep dives

Understanding Business Strategy for Architectural Practices

In this episode, the importance of business strategy for architectural practices is emphasized. It highlights the definition of strategy as a plan or policy designed to achieve a major overall aim. The episode delves into common problems faced by practice owners, such as feeling overwhelmed, dealing with uncertain profits and cash flow, and struggling to focus on long-term goals. Lack of a clear business strategy can lead to stagnation and difficulties in growth.

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