Today, I’m going to touch on some accounting principals, markup and margin. These are two terms that you may have to think about when you’re calculating profit and pricing in your business. These are numbers that you should be familiar with and how they play into your business because they can help with your profitability.
Markup and margin are not the same, even if occasionally you may hear them used in the same way.
Read MoreYears ago when I moved to Arizona, I contacted the only local resource that worked with Studio Designer. I was restarting my business in Arizona and wanted someone to help setting up Studio and do my monthly bookkeeping. Luckily, that resource was my business accountant and bookkeeper Denise Maxwell. What is great about Denise is that she works almost exclusively with interior designers, she understands our business, she works in the program that works best for interior designers, and she is a great bridge between being a designer and accounting. If you aren't as lucky as I am to have found a great accountant on your first try, read on for my interview with Denise about finding a great accountant for your interior design business.
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