The Interior Collective

Brittney Vier: Financial Planning for Interior Designers

12.23.2022 - By IDCO StudioPlay

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BONUS EPISODEBrittney Vier: Financial Planning for Interior DesignersAs an interior designer running your own studio, the finances can feel overwhelming. From taxes to payroll, there are so many things to consider. Today’s guest, Brittney Vier, is answering all the most important, the most confusing, and even just the “Where do I start?” questions. This virtual bookkeeper for interior designers shares tips on how not to leave money on the table, ways to ensure your business can stay afloat during times of uncertainty, and who should make up your financial team. Plus, Brittney shares what we can do now, before the end of year, to prepare for a stress-free tax season in this BONUS episode of The Interior Collective.In this episode, Brittney Vier and I discuss:

The differences between + how to read financial statements

Business entity structures + how they relate to finance

Which finance experts to hire and when

The best accounting software

Budgets, forecasts, and projections

Setting financial goals

Setting salaries

Expenses you can cut back on

Where designers often leave money on the table

The year end financial checklist

Tax deductions

How to prepare for tax season

Mentioned in this episode:

American Express (AMEX)

Chase

Wells Fargo

Gusto

ADP

Quickbooks

Xero

Lindsey Brooke Design

Design Camp

Studio Designer

Design Day Service Product From IDCO Studio

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