To merge or not to merge

The ACA’s Business Management + Finance advisor, Rob Peake of Management for Design, provides some practical answers to a common question that he hears from architectural practice owners.
For most practices in Australia, there is a heavy reliance on the principals to bring in clients, recruit and manage people, design and deliver projects, and control the finances. That doesn’t leave a lot of headspace or capacity to build and grow the practice. Rob Peake from Management for Design offers some advice around mergers for ACA members (see below).
If you’re not a member, find out more about the benefits of ACA membership here.
ACA Advisories
The ACA Advisory service provides members with access to specialist Business Management + Finance, Human Resources, Industrial Relations and Legal advice from our expert partners at no additional cost.
The ACA Business Management + Finance Advisory Service is provided by Management for Design, who offer advice and assistance on matters relating to financial and business management.
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The information contained in this article is general in nature. The reader should consider their own circumstances and seek specific business management or legal advice if unsure. If you require further information regarding these matters, please contact the team at Management for Design.