Setting the Tone

Setting the Tone

It has taken me a long time to realize that it is up to me to set the tone. I was recently at a conference and the energy from the crowd was truly amazing. I’d never seen so many people enthusiastic and pretty much saying that this was the greatest conference ever. (Which if you’ve ever sat in a large bland hotel ballroom, in uncomfortable seats, and intense air conditioning you know is quite an accomplishment.)

I am generally a reserved person. I look before I leap.

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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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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 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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How to Scale Your Interior Design Business

How to Scale Your Interior Design Business

So, you want to scale your business this year? Or maybe next. Or sometime in the future.

Some people start their interior design business without any idea of where they ultimately want to take their business, they may not even realize they are actually starting a business. They are just working IN their business, head down, trying to get something off the ground. And often, the business takes off because of all their hard work and they are just along for the ride, rather than steering the ship.

So first, you need to steer the ship.

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