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

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 EpisodeFeatured deck: The Nomad TarotAre 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:WebsiteInstagramInterior Design ServicesInterior Design ResourcesHouzz (Affiliate Link)