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Interior Design Business
Are you an interior design professional who wants to create time-accurate, money-generous, and fee-based job offers that clients jump to say "yes" to? Terri Taylor, President and Creative Director of the Interior Design Business Academy and the host of the Interior Design Business Podcast, is here to help interior design professionals who want to create lifestyle design businesses that pay them what they are worth.
Each week, Terri is bringing her clear, proven, and repeatable step-by-step "recipes" for attracting ideal luxury clients along with her overreaching attitude of gratitude, abundance, beauty, and joy for creating long-lasting and meaningful success.
Terri knows that what you believe to be true and how you feel about wealth and money have a direct connection to the level of clients, budgets, and jobs you attract, so tune in each week to discover the strategies and support mechanics you need to achieve your goals as an interior design professional.
Interior Design Business
Boundaries and Financial Risks
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Still taking 50% deposits on product orders? That’s a financial risk you can’t afford.
In this episode of the Interior Design Business Podcast, I’m sharing a real story of how one designer nearly lost her business because of outdated payment practices, and how to fix it with one simple boundary.
You’ll learn why half-down payments no longer protect you, what your letter of agreement should say, and how shifting your mindset around money and risk can completely change your business.
In this episode, I cover:
- A true story of a designer left holding $60K in product debt
- What happens legally when a client dies mid-project
- Why 50% down payments leave you financially exposed
- The only contract terms that actually protect you
- How to ask for 100% upfront without fear
- The mindset shift that eliminates risk and builds confidence
- Why people-pleasing has no place in your purchasing process
Show notes are available at interiordesignbusinessacademy.com
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