This updated edition of the most comprehensive business guide for designers covers the interior design profession in a clear and well-organized style. From establishing a practice to managing a project, the reader progresses through all aspects of the business, whether in a small or large firm. The new edition includes additional information on ethics, as well as a companion website containing sample forms and other resources. This book is recommended by the NCIDQ as preparation for their professional registration examination.
Five Important Success Points for a Successful Interior Design Practice
1. Remember that profit and revenue are not the same thing. Even the sole practitioner working from home has operating expenses, and these expenses must be considered before realizing a profit. Profit occurs after business expenses for operations, such as salaries, rent, and travel are deducted from charges to the client. These operating expenses reduce profitability, just as