Finance
As a new founded Architect and Architectural Technologist firm, each partner is coming into ALO with a personal financial investment in the firm. It is an equal partnership between members meaning salaries are likewise equal, with the small alteration of one member acting as company Managing Director, making final decisions, therefore taking on more responsibility and as a result is on a slightly elevated pay.
Having all come from a respectable position in equally respectable firms, ALO members have grown accustomed to a certain level of living, however are willing and happy to be on a decreased pay initially to get the company well and truly off the ground. We intend to experience a fast rate of growth as a result of the fact that several members have strong existing client relationships that they have managed to bring across into ALO, as well as having projects ready lined up.
The main source of funding to the firm will be provided via the SFLGS - Small Firm Loan Guarantee Scheme. The SFLGS is a Government scheme created to help small firms acquire business loans when they do not have the assets to put up as security to the banks. The Government will cover the firm for up to 75% of the loan with the borrowing firm paying a 2% premium on the outstanding loan. The SFLGS covers loans of up to £250,000 for a term of up to ten years.
ALO is covered for Professional Indemnity Insurance, Public Liability Insurance, Business Interruption Insurance and Employers Liability Insurance.
We are a RIBA Charted Practice.
Partner and Employee Salaries



Building Classification and Types




Year
£
© 2020 ALO Architects LLP
This is a student project based at Nottingham Trent University. All content is part of a project to create an imaginary business in 2020, and is entirely fictitious. The use of any existing material is acknowledged, and is not intended as the basis for a real company or for the offer of any professional services.​