286: Profitability of Working with a Family Member

On today's episode, we're joined by Beth Meyer and Abby McLane of Beth Meyer Design, a mother-daughter team specializing in luxury residential interiors. Featured in Southern Home and LUXE, they've built a trusted brand through elegant design and smart business growth. We'll explore how they started working together, their approach to profitability, and the benefits of running a family-based interior design business. If you're looking for real strategies to grow your design firm, this one's for you.

Topics Mentioned:

• Strategy

• Organization

• Technology

Key Thoughts:

• That was the whole reason I started the coaching practice as having come from burnout myself. When I get those calls, my heart feels for that, because I've been there, and I know what that feels like. The exhaustion and the mental load and the emotional turmoil, it's real and it's heavy. Michele Williams

• I went back to the strategic plan where we are in structuring the company and roles and SOPs. You're giving them the tools they need to do their job well. You're not just giving them expectations that they really can't meet. Beth Meyer

• There is something about your daughter or your mom in the business having your back in a different way that gives you the courage to continually push forward. So not only does iron sharpen iron to keep each other accountable and focused and better and growing and all the things, but there is something about the courage that one person lends to another person to move forward. Michele Williams

• Our goals are the same and we have done a deep dive into our missions, our values, and all the things. When we are both pushing each other, it's built-in accountability to reach those goals. Abby McLane

Contact Michele:

• Email: [email protected]

• Facebook: Scarlet Thread Consulting

• Instagram: @ScarletThreadATL

• Website: ScarletThreadConsulting.com

• LinkedIn: Michele Williams

Contact Beth and Abby:

• Email: [email protected]

• Facebook: @bethmeyerdesign

• Instagram: @bethmeyerdesign

• Website: https://bethmeyerdesign.com/

• You Tube: Beth Meyer Design

References and Resources:

• Work with Me

• The Designers' Inner Circle - Become a Member Today

• CFO2Go

• Metrique Solutions

• How to Build, Manage, and Execute on a Business Strategy course beginning August 2025 sign up now!

Click here to read the transcript for this episode.