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Is an architectural firm profitable?
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5 Answers
Negar, Have been focused on city and building energy-saving
Answered April 19, 2017
It totally depends on the country you work in.
But I believe as a rule of thumb, building construction related jobs-such as an architectural consultant firm-are more required in developing countries. Mostly because of the huge demand in building sector deriven out of lack of adequate engineer-designed buildings. For example in my country (Iran), there is an acceptably good demand for architectural firms and that makes it profitable. However, in more developed countries, high-tech jobs like computer engineering and IT are more profitable than construction jobs, mostly because they have had built a good portion of what was needed during 60s to 2000. They mostly need special buildings that requires starchitects, not a simple architectural consultant firm and that would make the architects' wag
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Patrick Reading, Registered Architect
Answered April 20, 2017 · Upvoted by
Rick Ferrara, Commercial Architect for 30+ years
It depends on what you mean “profitable"
If you mean, does the firm earn more than it takes to run the business and pay it's employees, then, yes, architecture can be profitable. Like any business, profit is what keeps it running. Without profit, the business fails and closes.
If you mean, will you get rich owning your own firm, then, like any other business, that depends on your management and marketing skills, far more than your skill as an architect. Your ability to manage the business, market to your strengths, and bring in clientele willing to pay a premium is entirely up to you. That aspect of business is universal, not just applicable to architecture.