The Pros And Cons Of Owning An Interior Decoration Business

Interior decoration is listed as a dream job by an amazing number of people worldwide. The mix of practical skills and creative expression, the variety and excitement of the work attract many. However, around a quarter of all interior decorators are self-employed. There are both benefits and drawbacks to working for yourself as an interior decorator – we look at them here.

Benefits

* You’ll never be bored. Every new interior decoration job requires new ideas and holds new challenges.
* Once you’ve built up a solid reputation and are able to spend less time on marketing yourself, it can be a lucrative business. Your professional fees could conceivably reach up to $300 per hour. Given the average amount of chargeable time in an interior decorator’s year, you could be earning well over $100,000.
* When you work for yourself, you have the freedom to determine your own hours.
* Again, once you’ve built up a good reputation and relationships with your suppliers, you may be able to find further discounted supplies, and increase the margins on your interior decoration provisions.

Drawbacks

Many of the drawbacks of being a self employed interior decorator are the same as self-employment in any other industry; however there are a couple of quirks peculiar to interior decoration businesses.

* It can be difficult to find interior decorating clients, and your income will little stability in the early months and years.
* You’ll need to broaden your skill base to marketing, bookkeeping, administration etc. in order to run your own interior decoration business.
* Learning to be flexible in your designs, and being able to happily compromise your design ideas to keep clients happy is a important and learned skill for interior decorators.

</h2>