By Theo Stephen Williams
The e-book indicates how one can ensure a ecocnomic and reasonable hourly price, stability the client's price range along with his or her needs and desires, negotiate costs with providers and contractors, write lifelike estimates and transparent proposals, deal with budgets for initiatives of all sizes and kinds, and place the firm's model with regards to its practices. Interviews with skilled inside designers, case stories, and sidebars spotlight expert pitfalls and the way to grasp them, from day-by-day trouble administration and self-organization to discovering the correct place of work manager.
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Extra resources for The Interior Designers Guide to Pricing Estimating and Budgeting
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Rarely are they obligated to take the lowest bid. This is not the case with government or nonprofit organizations. When they ask for multiple bids, they are usually shopping for the lowest price. Ask. It is typical to discuss what the pricing or bidding parameters are before you get started. Many times, smaller clients will ask you to assist in the budgetmaking process. This is a great sign of their trust in you, and often they will use your estimate as their budget. Know that you are doing their homework in this case; make sure that you carefully review each element of the project, and don’t try to go for the high dollar.
By requesting that a nonprofit entity pay for your services and then immediately refunding their money with a company check for the same amount or more, you are legally allowed to take the contribution as a tax write-off (even though you must declare the income). And, more importantly, it allows you to publicly announce your donation. (02)5-8 IDG Pricing, Estimating 3/3/05 3:07 PM Page 47 When to Say Yes or No to Pro Bono Say YES to a pro bono when . . ■ You are interested in the subject matter or support the cause of the organization asking for your help.
I had more cultural (01)1-4 IDG Pricing, Estimating 3/3/05 3:05 PM Page 29 knowledge and expertise than the average friend or neighbor who had read a few books or taken a class and charged $25 an hour, so I started out at $75 an hour. Through the years, as my experience, expertise, professional training, and celebrity grew, I raised my rates considerably. After all, the client is getting a bestselling author and celebrity feng shui consultant! Q. Do you find that technology has changed your business in any way?
