Sunday, September 24, 2006

How Is My Business Sense?

As an Interior Designer, you will need
to have a head for business. You will need to have the ability to estimate and put a value to your work. To do that correctly, you will have to calculate the cost of all materials, extra employee labor, furniture costs, paints etc. The ability to negotiate is going to be a priceless skill that you must have or be willing to learn.
· Negotiation is the key to almost all of your dealings as an interior designer. You will be negotiating with your clients, either to get them, or on budget requirements. You will be negotiating with contractors at times, furniture dealers, and everyone else that can play a role in you getting the job done to your client’s specifications.
· Marketing is another aspect of business that will be very important for you to be familiar with. Interior Designers spend a great deal of time in marketing their services. The easiest aspect of the marketing that is needed in Interior Design is that the demand will always be there. Buildings, shops, homes etc will always be in the world, as well as the need to design the interiors of them. All you will need is the ability to produce the supply.
· Advertising can be the most effective tool in developing your interior design business. It will be difficult to get the public to know that you are there without it. If your budget is small there are many thing that you can do for a cheap price or even free. You can pass out flyers, build a internet homepage from a free host supplier (many of these have their own wizards to help guide you if you are not html savvy), pass out business cards or leave them in stores that will allow it. There are many things that you can do, just be creative.
· Bookeeping is a necessity for the self employed. You have to know how to manage your business’ financial statements. You also have to handle payroll, accounts payable (money you owe) and accounts receivable(money people owe/give you)

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