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Results of latest reader survey find 40% haven’t even started planning
Almost 95% of practices do not have a plan in place for how to rebuild their business after lockdown, according to research by Building Design.
And 40% have not even started recovery planning yet, as they focus on moving their entire operation to home-working, work out how to furlough staff and try to keep existing projects on track.
The figures come from the latest coronavirus survey conducted by Building Design and its sister titles Building and Housing Today in the second half of April.
Among other key findings are that 93% of architects who responded are concerned or very concerned about their practice’s financial position, with 72% saying they can only survive for six months or less.
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