48 min

55: Process Party Part 8 - Setting Budgets Hot Young Designers Club | Interior Design Business Podcast

    • Entrepreneurship

In Part 8 of our Process Party series we're breaking down how we set budget expectations with our clients. Whether it's furnishing our remodeling projects, we have to set proper expectations early. Because money isn't just part of the conversation - it is the conversation! Head to our show notes for details on how to download our free HYDC Client Budgeting Guide.
 
Questions/comments? Email us at hello@hotyoungdesignersclub.com
Follow Rebecca
Instagram + Website
 
Follow Shaun
Instagram + Website
Stuff they mentioned:
We're continuing our Summer Skip Schedule to publish new episodes every other week
We would love to take a Summer sourcing trip to France or Morocco
Rebecca is worried about everything she needs to accomplish before her Hawaiian vacation
Shaun's vacation plans for Provincetown, MA didn't come together, stay tuned for other vacation plans.
Shaun's loving Carolina Irving's Almaty Velvet fabric
We want to be good stewards of our clients' money and where it makes sense for their budgets to be spent
Listen back to Episode 44 Process Party: Furniture Education when we started these budget conversations
In our interview with Jacob Medina in Episode 26, he talked about using a Good/Better/Best model with clients to establish budget expectations.
We need to move past our own money stories and emotional hangups to be the best advocates for our clients
Shaun has found it helpful to use the National Home Remodeling Guide to help clients understand costs of remodeling or construction projects
These honest conversations help establish our credibility as trusted advisors for our clients
Shaun also implemented a minimum furnishing and accessory budget along with construction projects as a way to create a more sustainable business.
Head to our Resources Page to download the free PDF of our Client Budgeting Guide.

In Part 8 of our Process Party series we're breaking down how we set budget expectations with our clients. Whether it's furnishing our remodeling projects, we have to set proper expectations early. Because money isn't just part of the conversation - it is the conversation! Head to our show notes for details on how to download our free HYDC Client Budgeting Guide.
 
Questions/comments? Email us at hello@hotyoungdesignersclub.com
Follow Rebecca
Instagram + Website
 
Follow Shaun
Instagram + Website
Stuff they mentioned:
We're continuing our Summer Skip Schedule to publish new episodes every other week
We would love to take a Summer sourcing trip to France or Morocco
Rebecca is worried about everything she needs to accomplish before her Hawaiian vacation
Shaun's vacation plans for Provincetown, MA didn't come together, stay tuned for other vacation plans.
Shaun's loving Carolina Irving's Almaty Velvet fabric
We want to be good stewards of our clients' money and where it makes sense for their budgets to be spent
Listen back to Episode 44 Process Party: Furniture Education when we started these budget conversations
In our interview with Jacob Medina in Episode 26, he talked about using a Good/Better/Best model with clients to establish budget expectations.
We need to move past our own money stories and emotional hangups to be the best advocates for our clients
Shaun has found it helpful to use the National Home Remodeling Guide to help clients understand costs of remodeling or construction projects
These honest conversations help establish our credibility as trusted advisors for our clients
Shaun also implemented a minimum furnishing and accessory budget along with construction projects as a way to create a more sustainable business.
Head to our Resources Page to download the free PDF of our Client Budgeting Guide.

48 min