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How to Start a Interior Design Business | Free Book PDF Download

Starting a Interior Design Business

 

How to Start a Interior Design Business - Free Book


Are you considering starting a Interior Design Business? if yes, you'll find this free book to be extremely helpful.

This is a practical guide that will walk you step by step through all the essentials of starting your business. The book is packed with guides, worksheets and checklists. These strategies are absolutely crucial to your business' success yet are simple and easy to apply.

The Single Most Important Ingredient for Business Success

The first and most important thing you need to acquire in order to succeed in a small business is... knowledge.

Sounds exaggerated? Listen to this...

According to research conducted by Dun & Bradstreet, 90% of all small business failures can be traced to poor management resulting from lack of knowledge.

This is backed up by my own personal observations. In my 31 years as a business coach and consultant to small businesses, I've seen practically dozens of small business owners go under and lose their businesses -- not because they weren't talented or smart enough -- but because they were trying to re-invent the wheel rather than rely on proven, tested methods that work.

Conclusion: if you are really serious about succeeding in a business... If you want to avoid the common traps and mistakes... it is absolutely imperative that you acquire the right knowledge.

"Why Invent Mediocrity, When You Can Copy Genius?"

That's an excellent quote I picked up from a fellow business owner a few years back. What this means is that you should see what is working and try to duplicate it. Why go through all the trouble of inventing something new, that you don't even know will ever work, when you can easily learn from and duplicate something that has been a proven success?

[ Note: One of the BIGGEST mistakes almost all new businesses make is that they WASTE tons of valuable time, energy and money on trying to create something "new", that has never been tested or proven... only to find out later that it was a total loss. Don't make the same mistake! ]

Hi! My name is Meir. I'm the founder and president of BizMove.com, a successful Internet based information business. I'm also the author of numerous books, mostly in the area of small business management.

I've been involved in small business for the past 31 years of my life, as a business coach, manager of a Interior Design firm, a seminar leader and as the owner of five successful businesses.

During my career as a business coach and consultant I've helped dozens of business owners start their businesses, market, expand, get out of troubles, sell their businesses and do practically every other small business activity you can think of.
You see, I have been there .... done it ... and bought the Small Business t-shirt! -- This free book contains techniques and strategies I've learned during my 31 year small business career.

Here's what you'll discover in the 'How to Start a Interior Design Business' book:

How to determine the feasibility of your business idea - a complete fill in the blanks template system that will help you predict problems before they happen and keep you from losing your shirt on dog business ideas.

A detailed manual that will walk you step by step through all the essential phases of starting your business

A complete business plan template. This fill-in-the-blanks template includes every section of your business plan, including Executive Summary, Objectives, SWOT Analysis, Marketing Analysis and Strategy, Operations Plan, Financial Projections and more (a similar template is sold elsewhere for $69.95).

All this and much much more.

Success Tip: Setting Goals

Good management is the key to success and good management starts with setting goals. Set goals for yourself for the accomplishment of the many tasks necessary in starting and managing your business successfully. Be specific. Write down the goals in measurable terms of performance. Break major goals down into sub-goals, showing what you expect to achieve in the next two to three months, the next six months, the next year, and the next five years. Beside each goal and sub-goal place a specific date showing when it is to be achieved.

Plan the action you must take to attain the goals. While the effort required to reach each sub-goal should be great enough to challenge you, it should not be so great or unreasonable as to discourage you. Do not plan to reach too many goals all at one time.

Establish priorities. Plan in advance how to measure results so you can know exactly how well you are doing. This is what is meant by "measurable" goals. If you can’t keep score as you go along you are likely to lose motivation. Re-work your plan of action to allow for obstacles which may stand in your way. Try to foresee obstacles and plan ways to avert or minimize them.

Click here! to download your book for free (PDF version)

Here're other free books in the "how to start a business" series that may interest you:

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Here's a Sample 'Executive Summary' for a Interior Design Business plan:

[Company Name]is led by Owner, [Name], a designer veteran with over 20 years experience in the residential home design industry. [Company Name] was established in 1987 in Jacksonville, Florida and offers custom home and small office design plans to clients throughout the U.S. These designs range from 600 to 12,000 square feet. [Name]has considerable experience in running an effective business and has an outstanding reputation.
Based on the detailed financial projections, [Company Name]'s future sales for 2010, 2011 and 2012 are expected to be $255,450, $263,114 and $271,007, respectively.
The focus of this business plan is to put forth objectives to purchase a business office, to hire employees, to advertise, to expand the business and update design software and machines. [Company Name] is ready to elevate to the next step. The Company is seeking $110,000 in grant funding.

1.1 Objectives

1. To purchase a business office
2. To hire employees
3. To advertise
4. To expand business
5. Update software and update machines

1.2 Mission

The mission of [Company Name]is to design the clients "dream home" in a timely, economical and professional manner.

1.3 Keys to Success

[Company Name]'s keys to success would include:

  • Provide professional quality
  • Guarantee client satisfaction
  • Maintain existing clients to refer future business

[Company Name]is a home design company that was established in 1987. [Name] is the owner of the business, which is located at her residence at [Address]. [Name]has over 20 years experience in the residential home design industry.
[Company Name] designs includes: custom home plans, small office buildings and over 3,000 stock plans in the north east Jacksonville area and surrounding counties. The designs range from 600 to 12,000 square feet. 

2.1 Company Ownership

[Company Name]is an "S" Corporation. The owner is [Name]. 

2.2 Company History

Sales for 2007, 2008, and 2009 were $178,092, $75,182, and $28,659, respectively. Earnings for this period were ($1,020), ($39,962), and $10,513, respectively.

The Past Financial Performance shows that we have had a decline in sales; however, our earnings had a healthy growth.

Table: Past Performance

 

Past Performance

 

 

 

 

2007

2008

2009

Sales

$178,092

$75,182

$28,659

Gross Margin

$190,886

$75,182

$28,659

Gross Margin %

107.18%

100.00%

100.00%

Operating Expenses

$166,658

$104,117

$48,744

 

 

 

 

Balance Sheet

 

 

 

 

2007

2008

2009

 

 

 

 

Current Assets

 

 

 

Cash

$4,611

$1,798

$957

Other Current Assets

$1,055

$920

$0

Total Current Assets

$5,666

$2,718

$957

 

 

 

 

Long-term Assets

 

 

 

Long-term Assets

$0

$0

$0

Accumulated Depreciation

($77,203)

($69,831)

($41,393)

Total Long-term Assets

$77,203

$69,831

$41,393

 

 

 

 

Total Assets

$82,869

$72,549

$42,350

 

 

 

 

Current Liabilities

 

 

 

Accounts Payable

$0

$0

$0

Current Borrowing

$0

$0

$0

Other Current Liabilities (interest free)

$0

$0

$0

Total Current Liabilities

$0

$0

$0

 

 

 

 

Long-term Liabilities

$76,108

$67,613

$0

Total Liabilities

$76,108

$67,613

$0

 

 

 

 

Paid-in Capital

$100

$100

$100

Retained Earnings

$7,681

$44,798

$31,737

Earnings

($1,020)

($39,962)

$10,513

Total Capital

$6,761

$4,936

$42,350

 

 

 

 

Total Capital and Liabilities

$82,869

$72,549

$42,350

 

 

 

 

Other Inputs

 

 

 

Payment Days

30

30

30

3.0 Services

[Company Name] provides custom home designs services throughout the Jacksonville area. These superior services include:

  • customized additions of any style or size
  • designing homes of any size , style, or location

 

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