Are you running a charity instead of a design business?
If you look in the dictionary you will find that the definition of a business is “an enterprise that makes money”
Do you find yourself working hard, long hours but not getting paid what you are worth?
If you are not making a good living in your interior design business you may be running a charity …or perhaps you just have a hobby.
Here are some questions to ask yourself. TRUE or FALSE
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You don’t have a separate checking account for your business.
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You don’t have liability and errors and omissions insurance.
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You do not use contracts, purchase agreements and purchase orders on your transactions.
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You do not pay yourself a salary on a regular basis.
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You regularly give clients far more time and attention than they are paying for.
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You charge less mark up or no mark at all on “expensive” items because you want the client to have it.
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You reduce your monthly design time bill before you send it because you believe that the client will not pay it.