48. Should You Price Your Design Fee Hourly?

<p><span style="font-weight: 400;">In this episode, I am sharing my view of flat-rate pricing versus charging an hourly fee for your design services. Although I am a huge fan of value-based pricing, there are some times when you will need to charge clients by the hour. The bottom line is you need to price your services correctly so as you start to work faster you make more profit. Then continue to analyze and increase your pricing year over year. This topic is one I LOVE talking about, so let’s jump in!</span></p> <p> </p> <p><span style="font-weight: 400;">Learn more about my 12-month group coaching and mentoring program, the</span> <a href= "https://www.designedforthecreativemind.com/business-bakery"><span style="font-weight: 400;"> Interior Design Business Bakery</span></a><span style= "font-weight: 400;">.</span></p> <p> </p> <p><span style="font-weight: 400;">Michelle Lynne began her interior design career after spending more than two decades working in Corporate America. She began in the home staging arena and has since built a successful, award-winning, full-service interior design firm, employing talented designers and serving clients across the country.</span></p> <p> </p> <p><span style="font-weight: 400;">In the summer of 2018, Michelle began focusing on a big gap she saw missing in the interior design industry: teaching interior designers how to run the business of an interior design business. She now engages in private coaching and leads an in-depth, 12-month group coaching program, both options focus on teaching designers profitable processes, systems, strategies, and mindset needed to run a streamlined, profitable interior design firm.</span></p> <p> </p> <p><span style="font-weight: 400;">Her motto is simple: we rise by lifting others.</span></p> <p> </p> <ul> <li style="font-weight: 400;" aria-level="1"><a href= "https://www.designedforthecreativemind.com/"><span style= "font-weight: 400;">https://www.designedforthecreativemind.com/</span></a><span style="font-weight: 400;"> </span></li> <li styl