5 Ways in Which Architects Can Make More Money

Many talented architects in Delhi are not able to make enough money. They could work with interior designers in Delhi to promote their work. The problem of these industrial designers is not their work but the way they advertise or market it.

Here are five ways in which architects can make more money:
1) Selling products: many products including lighting, furnishing, accessories, tiles, and stones can be bought at a discounted trade price and sold at a higher price to compensate for your efforts.

2) Purchase and Deliver: There is also another strategy call purchasing and delivery. In this strategy, the purchasing of furniture is made the responsibility of the architect and we ensure that the correct Items are delivered on time. This is some additional work that should help you get paid extra.

3) Reduce financial waste: This is one of the easiest ways to make more money for an architect. It does not involve doing any additional work or waiting for your clients to pay you. You should account for all the money that your firm spends. You should categorize the document into three sections which are “required”, “not required” and “waste”. This will help you spend less money and eliminate the money you waste every month.

4) Expand the volume: Many architects charge less in order to gain more customers. This may help you to win a few projects but if your fee is not high enough, you might end up making more losses than profit. Something like this could result in your business crashing. If you are thinking about reducing your fees, you should complement it by expanding the volume.

5) Construction services: Most clients usually ask the studio if they provide construction services. A lot of people feel good architects build buildings and many others wish that they actually would. When an architect works as a constructor, the owner directly contacts the architect and is responsible for the construction as well. This ends up in the growth of the firm.
Source : https://toparchitectsindelhi.quora.com/5-Ways-in-Which-Architects-Can-Make-More-Money

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