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Remick Associates




                    1
Remick Associates

Evolution recap.

• Founded as an Architectural practice by an architect
• Captured market place by signature design and personality (personal
  relations with new clients and old friends)
• Established construction wing to build firm’s projects


          architecture   construction

 What conditions hold true for each of the two parts in the organizations?
 What are their respectful inherit characteristics?
 What changes need to take place in each to adapt and maintain profitability?
                                                                                2
architecture   construction


   Design / Build custom residential projects to
    repeat clients.
       Insufficient inflow of work

   New Referral projects to Design and /or Build.
       Insufficient inflow of work

   Ongoing service to repeat clients.
       Insufficient inflow of work


                                                      3
Remick Associates
Strategic split within Remick Associates / reconfiguration

Remick Associates Architecture
                  architecture


XYZ Construction Group

                 construction


  Separated from Remick Architecture and presented as an independent
  entity XYZ is able to tap designs by other design organizations.

  Remick can maintain Design Build approach in either direction
                                                                       4
Vision for the future ?
Strategic split within Remick Associates / action of necessity

Remick Associates Architecture
                  architecture


XYZ Construction Group
                                                     Cabinet shop
                 construction                      Maintenance Co.

  All parts are semi-independent entities, promoted and managed
  independently, fluctuating based on independent profitability?

  All parts are size-balanced for a Design/ Build model led by Architecture
                                                                              5
Remick Associates
 Architecture
New work sources:

  Previous and current clients active targeted marketing
  • Contact clients to be fresh on their mind, and available to do their work
        Direct contact - mail postcard / email news letter, happy holiday etc.
  • Contact neighbors of previous projects / showcase current work / keep fresh on their mind

  Expand on the type of work and services provided by Remick Associates (going beyond SFR..?)
  • Small commercial work; Commercial rehab. / storefront / small industrial rehab
  • Small malty-family / mixed use / live work / change of use

  Explore options for strategic partnerships with other architects/ designers
  Develop new contacts with Realtors / Brokers, RE developers, and Investors
  Explore opportunities for new work in industries catering to ‘life of leisure’, affluence;
  • Travel and hospitality- B&Bs, hotels, etc..
  • Food and wine- Restaurants, wineries, …         (great places to advertise during construction)
  • Sport clubs and associations (golf, sailing, flying, racing)                                      6
XYZ Construction Group
New work sources:
  Previous and current client active targeted marketing

  • Launching of a subsidiary Builders Group / NOTICE
  • Industry news with content relevant to client / …go green, heat cool systems, winterization
  • Contact neighbors of previous projects / showcase current work / keep fresh on their mind
  • Remodeling specials via a new Cabinetry Shop Products
  • Property Maintenance Program
  Expand on the type of work and services provided by Remick Associates (going beyond
    SFR..?)
  • Small commercial work; Commercial rehab. / storefront / small industrial rehab
  • Small malty-family / mixed use / live work / change of use

  Explore opportunities for strategic partnerships with other architects and designers
  Develop new contacts with Realtors / Brokers, RE developers, business owners, and Investors

  Explore opportunities by approaching (by targeted mail) owners of work in design approval
    stages (planning and Building departments in selected locations)
                                                                                                  7
Remick Associates
Architecture and XYZ Construction Group

Developing new work sources:

  Other ways to create opportunities for Remick Associates introduction and prospecting
  for architecture and construction work;

  •   Self initiated and designed Introduction events (possible joint event with an industry partner, or partners)
  •   Regional event / presentation (possible joint event with an industry partner, or partners)
  •   Signage placement on ‘for sale ‘properties joint advertising effort with realtors.
  •   Strategic placement of other advertisement material (brochures, postcards, featured
      projects) realtor offices etc,

  • Network, network, network



                                                                                                                     8
Adding value to Remick Associates in
other ways

Bringing greater efficiency to business operations
 Review of business model and adopted strategy / Business planning
           any big strategic moves in the near future?
 Production / Operations Management (Architecture / Construction / cooperation of the two?)
 Financial management issues and opportunities
 Marketing and business development
 Human resources management
 Other ways to increase the value of Remick Associates as a business…?
 Ownership transition / exit strategy

                                                                                               9
Marketing and business development
 Current targets
For SFR New Construction              Small Commercial projects / JV;
    SFR Remodeling                    Winery
    Property Maintenance              Hospitality
                                      Restaurants
Owners in Planning and plan check
                                      Sonoma Valley wineries
Town of Tiburon                       Napa Valley wineries
Mill Valley / Sausalito               Russian River / Alexander Valley
Town of Los Altos Hills
Town of Los Gatos                     Individual businesses -Targets of
Mountain View / Woodside / Atherton   interest
Menlo Park                            Business brokers and realtors
Hillsborough
                                      Property / land owners of interest
Other architects and designers
                                      Other architects and designers

                                                                           10
Marketing and business development
Current targets




                                     11
Other opportunities out there
    Real Estate Development

                                          MARKETING targets,
  PROJECT TYPES
                                          Private land owners
                                          Land owning enterprises
SFR New Construction                      Real Estate Brokers
Spec / Joint Venture                      Parties to Property Sales
                            Real Estate    transactions
SFR Remodeling Flips                      Other RE Developers
                            Development
Other JV Projects                         …




                                                                      12

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Remick next steps 12-19-2011

  • 2. Remick Associates Evolution recap. • Founded as an Architectural practice by an architect • Captured market place by signature design and personality (personal relations with new clients and old friends) • Established construction wing to build firm’s projects architecture construction What conditions hold true for each of the two parts in the organizations? What are their respectful inherit characteristics? What changes need to take place in each to adapt and maintain profitability? 2
  • 3. architecture construction  Design / Build custom residential projects to repeat clients.  Insufficient inflow of work  New Referral projects to Design and /or Build.  Insufficient inflow of work  Ongoing service to repeat clients.  Insufficient inflow of work 3
  • 4. Remick Associates Strategic split within Remick Associates / reconfiguration Remick Associates Architecture architecture XYZ Construction Group construction Separated from Remick Architecture and presented as an independent entity XYZ is able to tap designs by other design organizations. Remick can maintain Design Build approach in either direction 4
  • 5. Vision for the future ? Strategic split within Remick Associates / action of necessity Remick Associates Architecture architecture XYZ Construction Group Cabinet shop construction Maintenance Co. All parts are semi-independent entities, promoted and managed independently, fluctuating based on independent profitability? All parts are size-balanced for a Design/ Build model led by Architecture 5
  • 6. Remick Associates Architecture New work sources: Previous and current clients active targeted marketing • Contact clients to be fresh on their mind, and available to do their work  Direct contact - mail postcard / email news letter, happy holiday etc. • Contact neighbors of previous projects / showcase current work / keep fresh on their mind Expand on the type of work and services provided by Remick Associates (going beyond SFR..?) • Small commercial work; Commercial rehab. / storefront / small industrial rehab • Small malty-family / mixed use / live work / change of use Explore options for strategic partnerships with other architects/ designers Develop new contacts with Realtors / Brokers, RE developers, and Investors Explore opportunities for new work in industries catering to ‘life of leisure’, affluence; • Travel and hospitality- B&Bs, hotels, etc.. • Food and wine- Restaurants, wineries, … (great places to advertise during construction) • Sport clubs and associations (golf, sailing, flying, racing) 6
  • 7. XYZ Construction Group New work sources: Previous and current client active targeted marketing • Launching of a subsidiary Builders Group / NOTICE • Industry news with content relevant to client / …go green, heat cool systems, winterization • Contact neighbors of previous projects / showcase current work / keep fresh on their mind • Remodeling specials via a new Cabinetry Shop Products • Property Maintenance Program Expand on the type of work and services provided by Remick Associates (going beyond SFR..?) • Small commercial work; Commercial rehab. / storefront / small industrial rehab • Small malty-family / mixed use / live work / change of use Explore opportunities for strategic partnerships with other architects and designers Develop new contacts with Realtors / Brokers, RE developers, business owners, and Investors Explore opportunities by approaching (by targeted mail) owners of work in design approval stages (planning and Building departments in selected locations) 7
  • 8. Remick Associates Architecture and XYZ Construction Group Developing new work sources: Other ways to create opportunities for Remick Associates introduction and prospecting for architecture and construction work; • Self initiated and designed Introduction events (possible joint event with an industry partner, or partners) • Regional event / presentation (possible joint event with an industry partner, or partners) • Signage placement on ‘for sale ‘properties joint advertising effort with realtors. • Strategic placement of other advertisement material (brochures, postcards, featured projects) realtor offices etc, • Network, network, network 8
  • 9. Adding value to Remick Associates in other ways Bringing greater efficiency to business operations  Review of business model and adopted strategy / Business planning any big strategic moves in the near future?  Production / Operations Management (Architecture / Construction / cooperation of the two?)  Financial management issues and opportunities  Marketing and business development  Human resources management  Other ways to increase the value of Remick Associates as a business…?  Ownership transition / exit strategy 9
  • 10. Marketing and business development Current targets For SFR New Construction Small Commercial projects / JV; SFR Remodeling Winery Property Maintenance Hospitality Restaurants Owners in Planning and plan check Sonoma Valley wineries Town of Tiburon Napa Valley wineries Mill Valley / Sausalito Russian River / Alexander Valley Town of Los Altos Hills Town of Los Gatos Individual businesses -Targets of Mountain View / Woodside / Atherton interest Menlo Park Business brokers and realtors Hillsborough Property / land owners of interest Other architects and designers Other architects and designers 10
  • 11. Marketing and business development Current targets 11
  • 12. Other opportunities out there Real Estate Development MARKETING targets, PROJECT TYPES Private land owners Land owning enterprises SFR New Construction Real Estate Brokers Spec / Joint Venture Parties to Property Sales Real Estate transactions SFR Remodeling Flips Other RE Developers Development Other JV Projects … 12

Editor's Notes

  1. There are opportunities for ‘rebranding’ not only for the two entities but the associated personnel as wellOpportunity to create a clear structure of command and oversight (responsibility)Opportunity for personal growth and added value to the business