Dealing with Income Ups & Downs

Dealing with Income Ups & Downs

One of the things that you must deal with when running an interior design company is the cyclical nature of the business. Some times of the year are naturally slower than others. Depending on where you’re located seasons, holidays, school schedules, and daylight savings time (I’m not sure about that last one, but I wish it would go away) can have an effect on the flow of work into your design firm. This means that we all likely have to deal with income ups & downs.

As a smart business owner, you must plan for this. So what can you do when you’re dealing with inconsistencies with your income?

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How to Create Interior Design Packages

How to Create Interior Design Packages

Creating interior design packages can be great additional revenue streams in your business. They can be quick ways to generate a bit of income without a huge time or effort commitment from you.

It’s also nice to have an option for prospects who contact you, but may not be a fit for your signature service or meet your project minimums.

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Multiple Revenue Streams for Interior Designers

Multiple Revenue Streams for Interior Designers

Creating more than one way to make money in your interior design business is like diversifying your portfolio.  If something takes a downturn you have other places where money is coming in.  

On the other hand, I don't want you to complicate your business so much that it becomes unmanageable or overwhelming.  Too much on your plate and business becomes messy and you won't be able to do anything well.  

Below are some ideas on how to add multiple revenue streams into your interior design business.  A caveat, if you want to add anything, you should be able to create it and then set it and forget it.

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