Architect's Essentials of Ownership Transition

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John Wiley & Sons, Mar 5, 2002 - Architecture - 189 pages
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The majority of architecture and design firms employ fewer than ten people. As with any small business, the owner/principal of these firms must make plans for all of the eventual transitions that will impact the practice and any or all of the people therein. This book in the Professional Practice Essentials Series offers comprehensive advice on the subject, specifically tailored to the practicing design professional. Here, a noted consultant who specializes in architecture firm management addresses a host of vital transition issues, including growth, expansion, management changes, internal transitions, mergers, acquisitions, liquidations, retirements, and much, much more.
  

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Contents

Introduction I
2
Determining Candidate Selection
17
Communicating Expectations
32
Determining Value
46
Extenuating Circumstances and Exceptions
73
Deferred Compensation Method
86
Getting the Ownership
103
Ownership Transition Documents
117
8
118
Partnerships and Limited Liability
139
Developing Leadership
153
Preparing for Future
167
Bibliography
181
Copyright

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About the author (2002)

PETER PIVEN, FAIA, is the Philadelphia-based Principal Consultant of The Coxe Group, Inc., the oldest and largest multidiscipline firm providing management and marketing consultation to design professionals.
WILLIAM MANDEL, Esq., is a founding partner of the San Francisco--based MBV Law LLP, a law firm that specializes in merger/acquisition and ownership expansion programs for design professionals and other businesses.

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