BMAA 5TH YEAR

Business Application

Are software solutions used to improve operations

Legal Documentation

A written instrument that records and formalizes agreements, obligations, or other legally enforceable acts.

·        Contracts

·        Employment Documents

·        Corporate Filings

·        License and Permits

·        Wills, trust and estates

·        Intellectual Property

Types of Legal Documents

Business Permit

A certification issued by the local government (LGU) authorizing business operations.

·        Building Permit & Electrical Inspection Certificate

·        Fire Safety Inspection Certificate

·        Sanitary Permit

·        Certificate of Occupancy

·        Locational Clearance

·        Electric Utility Connection

Documents Required for a Business Permit

·        DTI

·        SEC

·        Barangay Unit

·        BPLO

Where to Get Business Permit Requirements

Business

The practice of making one's living by engaging in commerce.

Development

- Cause to grow, advance, elaborate

Business Development

Entails tasks and processes to develop and implement growth opportunities within and between organizations

·        Advertise

·        Networking

·        Conference

How Architects Get Business

·        Identify the Target Market

·        Maintain Client Relationships

·        Craft a Compelling Sales Strategy

·        Develop Effective Proposals

·        Timely Follow-up and Communication

Five Business Development Strategies to Improve Architecture Business

Business Proposal

is a written offer from a seller to a prospective sponsor.

·        Formally Solicited

·        Informally Solicited

·        Unsolicited Proposal

Types of Business Proposals

·        Creator

·        Editor

·        Publisher

·        Administrator

·        Consumer/Viewer

Roles and responsibilities in proposal management:

Needs Assessment

·        Developed by Roger Kaufman, determines gaps between current and desired outcomes.

·        Perceived Need

·        Expressed Need

·        Relative Need

Types of Needs in Needs Assessment

·        Extensive Needs Assessment

·        Intensive Needs Assessment

Classification of Needs Assessment

Market Survey

Research tool analyzing customer preferences, buying behavior, and market conditions.

Segmentation survey

·        Target market analysis

·        Purchase behavior survey

·        Buyer persona development

·        Customer loyalty surveys

·        Feature and concept testing

·        Competitor analysis

·        Sales performance survey

·        Pricing analysis

·        Customer service evaluation

·     Types of Market Surveys

Evaluation and Validation

Essential steps in determining a business proposal's feasibility.

Contract Management

- A crucial aspect of business management involving the process of overseeing contracts from creation to completion.

·        Planning Stage

·        Implementation Stage

·        Pre-Contract Stage

·        Handover Stage

·        Contract Stage

·        Pre-Renewal Stage

·        Post-Contract Stage

Stages in the Contract Lifecycle Management Process

General Conditions in Contract Management

- Standard terms and provisions that define rights, responsibilities, and relationships of parties.

Building Contract

A legally binding agreement outlining terms and conditions for building construction or renovation.

1. Parties Involved

2. Scope of Work

3. Payment Terms

4. Project Schedule

5. Responsibilities and Obligations

6. Insurance and Liability

7. Dispute Resolution

8. Termination Clause

General Conditions

Fundamental Aspects of Building COntract