The Cost Structure Of A Professional Interior Design Work

There is no fix cost when it comes to interior design work

. Interior design firms charge based on a combination of methods and the extent of the services. A basic cost structure of the service is as followed:

1.Initial consultation fee. The first meeting with the interior designer is to allow her to understand your project scope and see if it fits her capacity and service. The firm may or may not charge an initial consultation fee. Therefore, you should clarify with them before arranging for an initial meeting.

2.Fee based. The designer will evaluate the project scope and estimate the total number of hours that need to be committed into the project. There are also other methods that they use to determine the project fee. So check with them before you commit.

3.Square foot price. In this method, the price depends on the square footage of the space. The bigger your space is, the more you are going to pay for the design work.

4.Hourly fee. If the designer is only needed when she is called upon, she will charge you an hourly basis. Different designer has different hourly rate, depending on experience, expertise and demand.

5.Retainer fee. Some design firms will ask for a retainer fee as soon as an agreement has been reached. The designer will charge a fee that she thinks is justifiable for her time, or her employees' time, to plan the project.

6.Retail commission or profit sharing. This is more applicable to retail interior design work. In this method, the design firm earns a commission or profit based on the volume of products sold.

There are many interior design firms today. With so many options, it is important that you take your time to do a research and hire the right firm for your project. The best place to look for design firms is the Internet. Simply do a search on Google and check out their websites. Another way is to browse through your local directory like Yellow Pages.

Before you hire a particular design firm, make sure that you request for portfolio. Look at their past work to determine whether you like their design or not. Do not rush to hire a firm. Spend your time to research and find the right firm for your project. Hiring a interior design firm can save you a lot of time and headache.

by: Cheow Yu Yuan

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