EA602: Brad Farris - Scaling Your Firm

Scaling Your FirmIn this episode, Brad Farris of Anchor Advisors shares his expertise in helping agency and expert firm owners scale their businesses and prepare for a successful exit. He breaks down common misconceptions about selling service firms, the key factors that influence valuation, and the critical steps owners should take to make their businesses more sellable.Brad explains why stepping away from day-to-day technical work is essential for growth and how strong leadership can increase a firm's value. The discussion covers topics like legacy planning, phantom equity, and timing an exit, providing architects and firm leaders with a roadmap for long-term success. With over two decades of experience guiding firms past the $1M–$2M plateau into thriving $3M–$5M businesses, Brad reveals that the biggest barrier to growth is often mindset.Whether you're considering selling your firm or simply want to build a stronger, more scalable business, this episode is packed with actionable insights.This week at EntreArchitect Podcast, Scaling Your Firm with Brad Farris.Learn more about Brad online at Anchor Advisors, check out the Business Growth Phase Assessment, and connect with him on YouTube and LinkedIn.Please visit Our Platform SponsorsArcatemy is Arcat's Continuing Education Program. Listen to Arcat's Detailed podcast and earn HSW credits. As a trusted provider, Arcat ensures you earn AIA CE credits while advancing your expertise and career in architecture. Learn more at Arcat.com/continuing-education.Visit our Platform Sponsors today and thank them for supporting YOU... The EntreArchitect Community of small firm architects.Mentioned in this episode:NCARB PodcastTo Build is Human