Designer's Oasis

#72 | How to know if you're ready to scale your interior design business?


Listen Later

Interior Designer's Business Blueprint   When we think about scaling a business, the first thing that typically comes to mind is “How can I get more project work”? Maybe you’re currently taking 8-10 projects a year, so you ask yourself, “How can I increase that to 12-15 per year?”    Taking on more projects is indeed going to generate more revenue and help you grow your portfolio, AND it takes more resources (i.e. time from you, growing a team, investing in your business, etc,)    Sometimes, the real question is, “How can I generate more revenue”? “How can I grow the business? “   Generating more revenue is a GOAL and scaling is just one STRATEGY to get there.   In today’s episode, we are going to talk about both. We’ll discuss the strategies you can use to increase your revenue without scaling and we’ll discuss what it takes if you decide you are going to scale Here’s a glance at this episode…
  • I share how scaling doesn’t always mean taking on more projects. There are other ways you may consider increasing your revenue without taking on MORE projects each year.
  • I discuss how to run projects more efficiently to enhance profitability and client satisfaction. This allows for more time gained which can be utilized to either undertake additional projects throughout the year, thereby maximizing productivity, or to allow for a more balanced lifestyle by opting for extended periods off.
  • I talk about how to level up the projects you are willing to accept  by taking on more substantial projects (larger in scope and/or bigger budget projects).
  • I share how to diversify your revenue streams as an interior designer by adding additional services, using to-the-trade sourcing, adding digital products and even offering group teaching or design sessions.
  • I dive into the 5 questions to ask yourself to find out if you are ready to scale your interior design business.
  • I wrap up with an invitation to join me for our next CEO Corner inside the IDBB Program to continue the conversation on scaling! This CEO Corner will be all about the systems & automations you need in place to scale, hiring, leadership and delegation as well as the importance of building strong industry relationships.
  Mentioned in this episode: 
  • Take the Interior Designer Pricing Survey
  • JOIN: Interior Designer’s Business Blueprint
  • FREE DOWNLOAD: 7 Habits of Highly Profitable Interior Designers
  • FREE Masterclass: 6 Park Framework for A Thriving Interior Design Business
  • Dear Kate: Submit your questions for the show!
  • Join Kate at Highpoint!
  • Book:  Company Of One: Why Staying Small Is the Next Big Thing for Business
  • Automations & CRM Tools: Dubsado or Honeyboook
  • Project Management Software: DesignFiles
  🎯 Learn More: Interior Designer’s Business Blueprint - https://www.designersoasis.com/blueprint   WANT MORE?  🛒  Template Shop - 10% off the shop PODCAST10 (Limit one use per customer) 🔖 Interior Design Business Articles   ⬇️  Free Resources   FOLLOW ALONG 🤳Instagram  📍  Pinterest  📺 YouTube    -------------------------------------   ***Rate, Review, & Follow on Apple Podcasts*** FOLLOW this channel so you never miss an episode! - https://www.youtube.com/@DesignersOasis   EPISODE WEBSITE ⇗- designersoasis.com/episode/how-to-know-if-you-are-ready-to-scale-your-interior-design-business
...more
View all episodesView all episodes
Download on the App Store

Designer's OasisBy Kate Bendewald

  • 5
  • 5
  • 5
  • 5
  • 5

5

56 ratings


More shows like Designer's Oasis

View all
A Well-Designed Business® | Interior Design  Business Podcast by LuAnn Nigara

A Well-Designed Business® | Interior Design Business Podcast

760 Listeners

How to Decorate by Ballard Designs

How to Decorate

822 Listeners

The Goal Digger Podcast by Jenna Kutcher

The Goal Digger Podcast

12,068 Listeners

Decorating Tips and Tricks by Bespoke FM

Decorating Tips and Tricks

775 Listeners

Business of Design ® | Interior Designers, Decorators, Architects & Landscapers by Kimberley Seldon

Business of Design ® | Interior Designers, Decorators, Architects & Landscapers

206 Listeners

Business of Home Podcast by Business of Home, Dennis Scully

Business of Home Podcast

380 Listeners

Designed by Wingnut Social | Interior Design Business by Darla Powell

Designed by Wingnut Social | Interior Design Business

240 Listeners

Dear Alice | Interior Design by Alice Lane

Dear Alice | Interior Design

1,460 Listeners

Hot Young Designers Club | Interior Design Business Podcast by Hot Young Designers Club

Hot Young Designers Club | Interior Design Business Podcast

106 Listeners

Resilient by Design with Rebecca Hay by Rebecca Hay

Resilient by Design with Rebecca Hay

40 Listeners

Trade Tales by Business of Home, Kaitlin Petersen

Trade Tales

73 Listeners

The Interior Collective by IDCO Studio

The Interior Collective

278 Listeners

Interior Design Business by Terri Taylor

Interior Design Business

39 Listeners

The Interior Design Business CEO by Desi Creswell

The Interior Design Business CEO

100 Listeners

The Designer Within - John McClain by John McClain

The Designer Within - John McClain

18 Listeners