01 Setting Up in Practice
The decision to set up an architectural practice is a major, and probably life-changing, decision and there are many factors to be considered. This chapter focuses on the financial consequences and significance of the choice of business form. The initial choice you make will have fundamental implications for the practice throughout its lifetime. It will ultimately be of great significance to you or the person who started the business when the time comes to leave or retire.
The chapter also begins to introduce you to the core financial decisions that every practice needs to take.
Choosing the Right form of Business ...
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