Margins and Markups for Interior Design Practices
Confusing These Key Concepts Can Sink a Firm!
After working with 100s of designers over the past fifteen years I have come to appreciate how easy it is to get confused over margins and markups.
Yet a failure to understand the critical difference in these two concepts, how they're calculated, and how to apply them can spell the difference between success and failure of an interior design practice. As you'll see in this short course, one designer even eded up in court because she failed to understand the difference.
This course is so valuable, that I always plan to make it available to all designers for free.
I hope you enjoy it.
David P. Shepherd M.B.A.
Interior Design Business Analyst
For almost thirty years, David Shepherd has taught small business strategy at two of the nation's top business schools. And for almost twenty years, he has brought this knowledge exclusively to interior design professionals.
As founder of the Business of Design Conference, David hosted over 3,000 interior designers at 40 events held throughout North America. David has also facilitated the sharing of "best practices" among hundreds of interior design principals, including sole practitioners and principals of 30-person firms. David's current coaching network is a membership organization called The Edge.