Interior Design Business

By: Terri Taylor
  • Summary

  • Are you an interior design professional who wants to create time-accurate, money-generous, and fee-based job offers that clients jump to say "yes" to? Terri Taylor, President and Creative Director of the Interior Design Business Academy and the host of the Interior Design Business Podcast, is here to help interior design professionals who want to create lifestyle design businesses that pay them what they are worth.

    Each week, Terri is bringing her clear, proven, and repeatable step-by-step "recipes" for attracting ideal luxury clients along with her overreaching attitude of gratitude, abundance, beauty, and joy for creating long-lasting and meaningful success.

    Terri knows that what you believe to be true and how you feel about wealth and money have a direct connection to the level of clients, budgets, and jobs you attract, so tune in each week to discover the strategies and support mechanics you need to achieve your goals as an interior design professional.

    © 2024 © 2022 Copyright Interior Design Business 2022
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Episodes
  • Streamline Your Design Jobs
    Nov 16 2024

    In this episode of the Interior Design Business podcast, I’m sharing how design fees can streamline your workflow, increase profitability, and create a smoother process from start to finish. I dive into why setting up clear budget agreements and scopes of work upfront can eliminate wasted time and unpredictable income, making it easier to plan your day, manage your time, and focus on what matters most.

    Through design fees, you’ll gain control over your schedule, minimize last-minute client changes, and present the entire project as a cohesive concept. This approach keeps you in charge, ensures clients understand the full scope, and allows you to get paid upfront—all while delivering a superior experience.

    In this episode, I cover:

    • How design fees eliminate guesswork and boost profits
    • Why budget and scope agreements streamline the process
    • Planning deliverables and managing time effectively
    • Presenting the total project for a single, cohesive sale
    • Invitation to the Design Fee Formula workshop

    If you’re ready to streamline your design process, increase profitability, and gain control over your projects, 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.

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    12 mins
  • Fees: By the sq ft? Hourly?
    Nov 9 2024

    In this episode of the Interior Design Business podcast, we’re unpacking the different methods for calculating design fees—whether by square footage, hourly rates, or fixed fees—and how to choose the best approach for your business. With insights on the pros and cons of each method, I’ll guide you on using these strategies to communicate clearly with clients, define project scope, and set up profitable billing practices.

    We’ll also discuss why hourly billing, while not always ideal, can be a valuable tool for handling additional client requests, and how to treat these add-ons as new business opportunities. Plus, I’ll introduce the Design Fee Formula workshop, designed to provide in-depth training on calculating fees effectively and managing time wisely.

    In this episode, we cover:

    • Design fee structures: square footage, hourly, and fixed fees
    • Why clear communication and scope of work are key
    • The advantages and disadvantages of hourly billing
    • Strategies for handling additional client requests and upselling
    • Introduction to the Design Fee Formula workshop

    If you’re ready to take control of your pricing and ensure your fees reflect the value of your work, 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.


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    23 mins
  • Design Fee Guide Part 3
    Nov 2 2024

    In this episode of the Interior Design Business podcast, I’m discussing why design fees are a smarter choice than hourly billing for designers who want to grow their income and client satisfaction. If you’re still charging by the hour, you may be leaving money on the table and running into unnecessary challenges.

    I’ll share insights on how hourly billing can hold experienced designers back, lead to cash flow issues, and even create friction with clients. We’ll explore the advantages of design fees, from improving cash flow to setting clear project expectations, and how shifting to fee-based agreements can lead to more profitable, trusting client relationships. Plus, I invite you to join the Design Fee Formula masterclass to refine your pricing strategy and set yourself up for consistent success.

    In this episode, I cover:

    • Why hourly billing often undervalues experienced designers
    • The cash flow and trust issues that time billing can create
    • How design fees offer a structured, profitable approach
    • Benefits of fee-based agreements for client relationships
    • Invitation to the Design Fee Formula masterclass

    If you’re ready to improve your pricing strategy, build trust with clients, and get paid what you’re worth, 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.

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    16 mins

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