The Difference Between Markup & Margin

The Difference Between Markup & Margin

Today, I’m going to touch on some accounting principals, markup and margin. These are two terms that you may have to think about when you’re calculating profit and pricing in your business. These are numbers that you should be familiar with and how they play into your business because they can help with your profitability.

Markup and margin are not the same, even if occasionally you may hear them used in the same way.

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How to be Profitable in Interior Design

How to be Profitable in Interior Design

As a business, you deserve to be profitable. Running a business is a challenge and too often we settle for “just getting by”. We shouldn’t settle. We shouldn’t compromise on profitability. We shouldn’t allow ourselves to forget that we’re running a business and the goal of any business is to make money.

Otherwise we’re not running a business, we just have a hobby.

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Ultimate Interior Design Pricing Resource

Ultimate Interior Design Pricing Resource

I've written many articles on pricing and created a free course to help designers figure out their sweet spot.  I thought I could round them all up for you in one convenient place.  Want to get really clear on what works for me and what I've seen work for other designers?  Read the articles below.  

Click Read More to Get 10 of the Best Articles on Pricing Interior Design

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How to Make Money As An Interior Designer

How to Make Money As An Interior Designer

At the end of my course, The Golden Blueprint, I do review calls with participants.  In the last session of the course I had several review calls every day and I found myself giving the same advice most every call.  So what was the question that everyone was asking about?  Pricing.  Or more specifically, how to make money as an interior designer.

We would talk about how they priced their services and how they charged their clients and ultimately there was one glaring mistake everyone was making in their design business that was costing them valuable income.

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