Author: Elizabeth Wolverton

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Health Insurance for Small Firms

Note: The AIA Trust is pleased to provide these updates annually.  The below information was reviewed and edited in 2023 to prepare firms for 2024. What Happened to the Small Employer Insurance Market? As the cost of providing medical care increased in the mid-eighties, employers and insurers tried a variety of tactics to slow it…

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Why Should Architectural Firms Consider Selling to an ESOP?

By: Steven Greenapple, SES ESOP Strategies, a Stevens & Lee Company When contemplating a sale of their business, the owners of a Company have several alternatives to consider. They can (1) sell to a financial investor (private equity or family office); (2) sell to a strategic investor (another business who wants to expand into the…

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The Importance of Employee Benefits for Small Business

For small-business owners, the importance of employee benefits is a significant factor when it comes to attracting and retaining talent. The majority of workers prefer attractive types of employee benefits—like insurance, paid time off, and a retirement plan—more than pay raises. Whether you’re competing for talent or keeping the high performers you already have, small-business…

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Professional Liability Safety & Other

Bridging the gap: Navigating the risks and mitigating claims in construction contract administration services

Introduction In recent years, the design industry has experienced a significant disparity in experience levels among the workforce in the field of construction contract administration (CCA) services. With a visible gap between junior staff (1-5 years of experience) and senior staff (10+ years of experience), many firms are finding themselves in a conundrum, compelling less-experienced…

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How do you plan to retire?

As an architect, you know that starting with a comprehensive plan and building a good foundation is essential for success. You would never begin a project without a blueprint and process in place – but that’s exactly what many architects do when it comes to retirement planning. Many architects don’t know where to begin their…

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