Company Overview:One of Rhode Island’s leading full service Architectural Firms, providing services which include: feasibility studies, program development, master planning, conceptual design, schematic design for project approvals, design development, construction documents, and construction administration.
What opportunity did you perceive in the marketplace that motivated you to start your business?
There was legislation passed in the mid 1990s that required public projects to include fee proposals as part of the architectural selection criteria. I knew that I could submit competitive bid fees and that having an objective selection criteria would offset the traditional method of the awarding of public projects.
What realities did you face in the marketplace?
The challenge is always getting the jobs, having sufficient staff to meet deadlines, and getting paid on a timely basis.
What are you sources of inspiration on a daily, frequent basis?
God is my strength.
What is your advice to aspiring entrepreneurs?
I was told by a mentor that the hardest thing about starting a business is deciding to do it. When I started my office, I did not have any projects and my wife and I were expecting our fourth child. It was a difficult decision, but one that I never regretted. My advice is to make the decision, prepare yourself to succeed and have faith.
What is your vision for your company in the next 5 years?
I am fortunate to have two sons who are in the process of completing their architectural education. I look forward to them becoming an integral part of Torrado Architects.
What information do you recommend entrepreneurs, in general, to integrate into their thinking? Do you have specific books or articles that you would recommend?
I recommend that entrepreneurs network with professional groups and develop relationships with state, city and community resources. There are specific publications for each business type. A good general source of information is the Providence Business news.