Design Fee Guide - Part 1

10/19/24 • 18 min

Are you ready to start charging what you’re worth as a designer? In this episode of the Interior Design Business podcast, we focus on enhancing your billing practices and shifting your mindset toward valuing your design services. Host Terri Taylor shares key strategies to help you improve your billing accuracy, manage your time effectively, and maximize your income by focusing on design fees instead of product sales.

Discover how tracking your time and setting clear deliverables can lead to substantial annual earnings, and learn why self-worth plays a crucial role in client acceptance of your design fees. This episode also features practical tips for structuring your workweek to hit 20 paid design hours and build a consistent, profitable income.

Topics covered in this episode include:

How to track time and improve billing accuracy
The importance of charging for design services, not product sales
Example earnings based on hourly rates
Shifting your mindset to communicate your value confidently
Invitation to the free webinar: ‘Design Fees Unlocked’

If you’re ready to charge what you’re worth and create consistent income from design fees, this episode is for you!

Design fees unlocked: 5 secrets to getting paid what you're worth

I would love to connect on Facebook: facebook.com/InteriorDesignBusinessAcademy or Instagram: instagram.com/interiordesignbusinessacademy!

Show notes are available at https://interiordesignbusinessacademy.com.

10/19/24 • 18 min

Interior Design Business - Design Fee Guide - Part 1

Transcript

00:16
Speaker 1
Hey. A big problem we have in our industry right now is billing for design services, more specifically, billing for design time. I've been coaching interior designers for twelve years now, and I see designers coming into our growth program consistently billing at about 30% of what they're doing. And that is not, okay. What's happening here and what are we going to do about it? Okay. It is really hurtful to work 70 hours a week and make 40,000 a year. That's not wh

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