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147: Elevating My Business, 7 Reasons Why I Ditched Hourly Billing

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Manage episode 396094839 series 3327311
Content provided by Rachel Larraine Crawford. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Rachel Larraine Crawford or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

A lot of new interior designers ask me how they should price their services, specifically whether they should bill hourly or do a flat rate. In this episode, I’m sharing my experience with different pricing structures and how I ultimately came to the decision to ditch hourly billing. I’ve been doing a flat rate since 2022, and I’ve found that this is what works best for me and my clients. I give you 7 reasons why you might want to consider doing the same.

I’ll be going much deeper into my exact pricing structure (how I get my flat rate, what my markups are and how I do them, my trade discounts and procurement fees, etc) with Design Coven Pro Members in a special workshop on January 19th. If you can’t make it live, the recording will be available to all Pro Members in video and podcast form. To join us and learn more, visit designcoven.com/join.

Featured in this Episode

Featured deck: The Nomad Tarot

Are you an interior designer or are you interested in Holistic Interior Design? Check out my membership program, the Design Coven! This program is a real-world industry mentorship for Holistic Interior Designers that has everything you won't find in traditional design school curriculum. You'll learn from practicing interior designers working on real life projects, and get access to cutting edge vendors, suppliers, furniture makers, textile designers, and design resources that I've curated over my 17 years of design experience. As a member, you'll have the opportunity to build valuable relationships of your own. Learn more.

Connect with Rachel Larraine:

Website

Instagram

Interior Design Services

Interior Design Resources

Houzz (Affiliate Link)

  continue reading

173 episodes

Artwork
iconShare
 
Manage episode 396094839 series 3327311
Content provided by Rachel Larraine Crawford. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Rachel Larraine Crawford or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

A lot of new interior designers ask me how they should price their services, specifically whether they should bill hourly or do a flat rate. In this episode, I’m sharing my experience with different pricing structures and how I ultimately came to the decision to ditch hourly billing. I’ve been doing a flat rate since 2022, and I’ve found that this is what works best for me and my clients. I give you 7 reasons why you might want to consider doing the same.

I’ll be going much deeper into my exact pricing structure (how I get my flat rate, what my markups are and how I do them, my trade discounts and procurement fees, etc) with Design Coven Pro Members in a special workshop on January 19th. If you can’t make it live, the recording will be available to all Pro Members in video and podcast form. To join us and learn more, visit designcoven.com/join.

Featured in this Episode

Featured deck: The Nomad Tarot

Are you an interior designer or are you interested in Holistic Interior Design? Check out my membership program, the Design Coven! This program is a real-world industry mentorship for Holistic Interior Designers that has everything you won't find in traditional design school curriculum. You'll learn from practicing interior designers working on real life projects, and get access to cutting edge vendors, suppliers, furniture makers, textile designers, and design resources that I've curated over my 17 years of design experience. As a member, you'll have the opportunity to build valuable relationships of your own. Learn more.

Connect with Rachel Larraine:

Website

Instagram

Interior Design Services

Interior Design Resources

Houzz (Affiliate Link)

  continue reading

173 episodes

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