Fees: By the sq ft? Hourly?

In this episode of the Interior Design Business podcast, we’re unpacking the different methods for calculating design fees—whether by square footage, hourly rates, or fixed fees—and how to choose the best approach for your business. With insights on the pros and cons of each method, I’ll guide you on using these strategies to communicate clearly with clients, define project scope, and set up profitable billing practices.We’ll also discuss why hourly billing, while not always ideal, can be a valuable tool for handling additional client requests, and how to treat these add-ons as new business opportunities. Plus, I’ll introduce the Design Fee Formula workshop, designed to provide in-depth training on calculating fees effectively and managing time wisely.In this episode, we cover:Design fee structures: square footage, hourly, and fixed feesWhy clear communication and scope of work are keyThe advantages and disadvantages of hourly billingStrategies for handling additional client requests and upsellingIntroduction to the Design Fee Formula workshopIf you’re ready to take control of your pricing and ensure your fees reflect the value of your work, this episode is for you!I would love to connect on Facebook: facebook.com/InteriorDesignBusinessAcademy or Instagram: instagram.com/interiordesignbusinessacademy!Show notes are available at https://interiordesignbusinessacademy.com.