In this episode of the Interior Design Business podcast, I dive deeper into the challenges designers face when it comes to billing, especially with hourly rates and managing legacy clients. If you’ve ever found yourself taking on small, low-paying jobs that end up consuming more time than you estimated, this episode is for you!
I share real-world examples, like the outdoor wall sconces project and a reupholstering job that went off track, to highlight why these types of jobs can become unprofitable. More importantly, I discuss how to break this cycle by implementing a structured design fee formula that’s tailored to your business stage. By setting a minimum design fee, you can enhance your profitability, protect your personal time, and elevate your professionalism.
Listen in to learn how to qualify potential clients, stop shrinking to fit smaller projects, and start charging what your services are truly worth!
In this episode, I cover:
- The pitfalls of hourly billing and small jobs
- Real-life examples of design jobs gone wrong
- How to break the loop of unprofitable work
- Introducing a minimum design fee to boost profitability
- Strategies for qualifying potential clients with confidence
If you’re ready to set boundaries, create a profitable pricing structure, and start getting paid for the value you bring, this episode is for you!
I would love to connect on Facebook: facebook.com/InteriorDesignBusinessAcademy or Instagram: instagram.com/interiordesignbusinessacademy!
Show notes are available at https://interiordesignbusinessacademy.com.
10/26/24 • 20 min
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