Design Your Future Pt 3: Financial Mastery Habits
Delve into why mastering your personal finances is crucial and explore strategies to ensure both personal and business financial success.
Design Your Future Pt 2: P.R.I.W.
Understanding the differences between profit, revenue, income, and wealth through the lens of P.R.I.W. - Profit Reflects Incomes Worth
Designing Your Future Pt 1: Financial Freedom Number
What if you knew exactly how many projects you needed to take on from now until you retire? What if you had a clear scope for each project and the confidence that every single one was contributing to your lifestyle goals?
The Value of Cost Control
Delve into the value of controlling costs in your interior design business. Explore the four types of costs, the importance of allocating operating costs to projects, and the need to project future cost increases.
Demystifying Profit for Interior Designers
We're going to break down the concept of profit, how it fits into your pricing strategy, and why it's essential to understand why profit should not be used to run the day to day operations of your business.
Unlocking the Value of Your Creative Genius: Intellectual Property (IP)
Your interior design intellectual property is a treasure trove of creativity and expertise that deserves to be recognized and valued. Factoring in and charging for your IP celebrates your creativity and compensates you accordingly!
Partnering with an Accounting Team: What Interior Designers Can Expect
What interior designers can expect when beginning to work with an accounting team, including the learning curve, communication nuances, operational integration, and the benefits of this collaboration.
Pricing Strategy Considerations: Hourly Rates
While hourly rates have been a traditional pricing method in the industry, it's essential to consider whether this approach is truly the best fit for your design firm.