Become An Interior Designer

Become An Interior Designer

About

Interior design involves making indoor spaces safe, functional, and beautiful by determining space requirements and selecting essential and decorative items such as colors, lighting, and materials.

The global luxury interior design market is growing at a CAGR of 9.0%. The growth metrics show there is great potential for entrepreneurs targeting households.

If you are starting a luxury interior design business, focus on style and specialty. Add valuables with creative professions such as interior design, so you stand out from the rest. Ensure you hire the right people and hone the brand identity.

Remember, the path to a successful interior design business is often riddled with trial and error.

Becoming an interior designer requires a great deal of effort, dedication, and most importantly passion.

If you're interested in how to sell interior designing services, or selling interior designing services online, you can use this page as a guide for everything you'll need to know.

Key stats

market size
$14B
revenue (monthly)
$110K
starting costs
$11.7K
gross margin
90%
time to build
210 days
growth
Word of mouth
business model
Software
time investment
Full time

About

Interior design involves making indoor spaces safe, functional, and beautiful by determining space requirements and selecting essential and decorative items such as colors, lighting, and materials.

The global luxury interior design market is growing at a CAGR of 9.0%. The growth metrics show there is great potential for entrepreneurs targeting households.

If you are starting a luxury interior design business, focus on style and specialty. Add valuables with creative professions such as interior design, so you stand out from the rest. Ensure you hire the right people and hone the brand identity.

Remember, the path to a successful interior design business is often riddled with trial and error.

Becoming an interior designer requires a great deal of effort, dedication, and most importantly passion.

If you're interested in how to sell interior designing services, or selling interior designing services online, you can use this page as a guide for everything you'll need to know.

Key stats

market size
$14B
revenue (monthly)
$110K
starting costs
$11.7K
gross margin
90%

 

time to build
210 days
growth
Word of mouth
business model
Software
time investment
Full time

Startup Costs

Min Startup Costs Max Startup Costs
Office Space Expenses $0 $7,000
Employee & Freelancer Expenses $150 $250
Website Costs $223 $7,015
Business Formation Fees $600 $4,700
Software Expenses $162 $2,894
Advertising & Marketing Costs $0 $1,400
Total Startup Costs $1,135 $23,259

Successful Businesses

Business URL Rank
Interior Design Business School idbs.online #188,725
ARCH archedu.org #221,229
CCA cca.edu #258,330
Hoagard.com hoagard.com #335,454
decor8 decor8blog.com #397,031
Designers.org designers.org #753,850
Amer Adnan Associates ameradnan.com #943,864
Appello Interiors appellointeriors.com #994,212
Interior Logic Group – The Nation's Leader in Design Studio interiorlogicgroup.com #1,055,336
Hager.Design hager.design #1,540,352
Cooper Carry coopercarry.com #1,548,964

Pros & Cons

Pros Description
Flexibility You can put as much time into the business as you'd like. If you like the work and have some initial experience, you can start small and manage all aspects of the business on your own.
Ability to start your business from home It's not necessary to have a physical storefront or office space to get your business started. You can do everything from the comfort of your own home, at least in the beginning!
Little startup costs required The cost to start a interior designer costs significantly less money than most businesses, ranging anywhere from 62 to 23,259.
Rewarding work Starting a interior designer can be really rewarding work. After all, you are solving an immediate issue for your customer and you're working on something you truly care about.
Scalable With businesses and processes changing daily, there will always be demand for new features, products and services for your business. Additionally, there are several different business models and pricing tiers you can implement that will allow you to reach all types of customers.
No overhead costs To get your interior designer started, there are no costs associated with overhead, storage, packaging, etc. This will save you a lot of time and money!
Cons Description
Crowded Space Competition is high when it comes to your interior designer, so it's important that you spend a good amount of time analyzing the market and understanding where the demand lies.
Longer Sales Process A interior designer can be a big time and money investment for your customer, so it's important you plan and predict a longer conversion funnel and stay in communication with potential customers.
Work can be inconsistent As a interior designer, the amount of work assigned to you and schedule tends to be more inconsistent, which may make your income less stable. It's important to set boundaries and budget accordingly based on the amount of work you plan to have.
Lack of benefits With a interior designer, you are typically self-employed and responsible for finding your own insurance, which can be quite costly and time-consuming.
Isolation Often times, as a interior designer, you typically work alone and do not have much face-to-face interaction with other team members.
Taxes As a interior designer, you typically pay self-employment taxes which can be quite high. It's important to understand what you will be paying in taxes each year so you can determine if the work you're taking on is worth it.