Interior Design Consulting Business

How Profitable Is An Interior Design Consulting Business? (Updated for 2024)

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Updated: September 6th, 2024

How Profitable Is An Interior Design Consulting Business? (Updated for 2024)

So you want to start an interior design consulting business?

And the first question that came to your mind was, “well, are interior design consulting businesses actually profitable?”

With a market size of $18.8B - there’s plenty of business to go around.

Especially considering:

You could start a interior design consulting business with as low as $500
Based on our data, interior design consulting businesses generate an average of $401K per year

There’s money to be made. Don’t worry.

But, I don't want to spoil it all. Below we’ll cover everything you need to know when it comes to the profitability of a interior design consulting business.

Let’s dive in!

Is an interior design consulting business profitable?

Yes, an interior design consulting business is generally a profitable business. However, you still need to consider several factors since these things always impact the overall outcome.

For instance, since average revenue is $401K per year with an estimated gross margin of 93%, you could expect to recover your investment within 7 months or even less.

But of course, it all comes down to how much you earn compared to the potential revenues of your interior design consulting business.

To determine whether your business is profitable, you should earn more than your expenses in the beginning months. However, while you're in your first month, it can be challenging to know what to expect.

Therefore, you should maintain a record of your monthly expenses and income to determine whether you're meeting your goals. By doing this step, you can see how your interior design consulting business is doing and if any changes or adjustments need to be made to enhance or maintain your efforts.

Is an interior design consulting business worth it?

If you’re wondering if a interior design consulting business is worth it, the answer is a big YES. With interior design consulting businesses, you have the potential to earn $401K per year (this is based on data reported by real founders).

Further, you could have your initial investment back within months. Simply put, it’s a business worth a shot, especially if you have the resources and make the necessary efforts to achieve or surpass the target.

With a market size of $18.8B, it will be possible for you to build something that grows and turns into a flourishing business. As such, it’s the type of business you might want to consider starting.

Of course, you must learn and understand every aspect of running a interior design consulting business to ensure success. Still, as long as you have the initial investment and can endure a few months before your actual gains, this business could be worth it.

You might want to consider reading more specifics about successful interior design consulting businesses case studies.

Examples Of Profitable Interior Design Consulting Businesses

Here are a few examples of profitable interior design consulting businesses, and a few more details about them:

1. House of Kook ($180K/year)

Amy McKenzie and Kirsten Dodds, founders of House of Kook, came up with the idea for their furniture and interior design business after becoming bored with the offerings in the industry. They wanted to shake up the interior aesthetic and create unique and interesting spaces and furniture. They launched their business in August 2021, and within a year, completed over 10 successful projects and launched their first furniture range.

Is it profitable? Yes
How much money it makes: $180K/year
How much did it cost to start: $12K

How We Leveraged Our 20 Years Of Experience To Start A $15K/Month Furniture And Interior Design Studio

House of Kook is a South African furniture and interior design studio founded in 2021 that have completed over 10 successful projects and launched their first furniture range, all in just over a year, through word of mouth and social media marketing.

Read this case study

Read by 2,008 founders

2. ALDECOR ($24K/year)

ALDECOR founder Khames started the business after struggling to compete with high-ranked interior design blogs. He recognized a lack of trustworthy information in Arabian interior design resources, leading him to create ALDECOR as a trusted source in the Arab world. With a focus on SEO and social media, ALDECOR now attracts over 40,000 visitors per month without any paid campaigns and plans to become the main source of interior design information in the 22 Arab countries.

Is it profitable? Yes
How much money it makes: $24K/year
How much did it cost to start: $500

My Niche Interior Design Blog Website Attracts 40K Visitors Every Month

ALDECOR is the most popular Arabian interior design platform, gaining over 40,000 visitors every month and generating profits of around 24,000 USD per year, with a strong focus on SEO as their main strategy for attracting customers and retaining them, and plans to create thousands of new articles about interior design across 22 Arab nations.

Read this case study

Read by 2,270 founders

3. diSalvo Interiors ($1.32M/year)

In 1996, a mother and daughter team started a boutique design firm with just $50,000 in personal funds. Despite lacking a solid business plan, their passion for antiques and design drove them to success, and they now boast over $1 million in annual revenue and a portfolio of impressive projects.

Is it profitable? Yes
How much money it makes: $1.32M/year

How We (Mother And Daughter) Started A $1M/Year Boutique Design Firm

Mother and daughter duo turn passion for antiques and design into a boutique design firm with over $1 million in annual revenue and hundreds of trophy projects, showcasing the importance of grit, determination, and passion in building a successful business.

Read this case study

Read by 8,834 founders

Learn more about starting an interior design consulting business:

Where to start?

-> How much does it cost to start an interior design consulting business?
-> Pros and cons of an interior design consulting business

Need inspiration?

-> Other interior design consulting business success stories
-> Marketing ideas for an interior design consulting business

Other resources

-> Interior design consulting business tips

How much can you make with an interior design consulting business?

With a interior design consulting business, you can make an average of $401K revenue per year (based on data reported by real businesses).

You can start with an initial investment as low as $500. Then, with proper knowledge and sustained effort, you could have an ROI (return of investment) within 7 months.

How much does a interior design consulting business make a week?

Based on our data, average weekly revenue for a interior design consulting business ranges around $8.36K. As such, you could see monthly revenues of $33.4K.

To know if your interior design consulting business achieves the weekly profit target, you need to keep track of the total earnings you get per day. Afterward, you'll want to consider subtracting the expenses you have daily.

Learning your weekly profit can also show whether you're hitting your target goal for your interior design consulting business.

How much do interior design consulting businesses owners make?

The income of an interior design consulting business owner can vary depending on various factors such as location, size, competition, and the owner's business skills.

But to give you some idea, the weekly revenue of an established interior design consulting business is about $8.36K. But this can be lower or higher depending on so many factors - it's almost impossible to say exactly.

While the potential for earning a good income as an interior design consulting business owner exists, success in this field requires a commitment to providing quality products and services and building a strong reputation within the community.

Interior Design Consulting Business Profit Margins

Generally speaking, an interior design consulting business can expect profit margin of around 93%. Profit margins refer to the percentage of revenue that remains after deducting all expenses associated with running a business. In the case of an interior design consulting business, profit margins can vary depending on various factors, such as the type and quality of products sold, the size of the store, and the level of competition in the area.

However, these figures can vary depending on the pricing strategy, inventory management, and overall efficiency of the business. To maintain healthy profit margins, interior design consulting business owners must focus on managing costs, negotiating favorable supplier terms, and providing high-quality products and services to attract and retain customers. By doing so, interior design consulting business owners can ensure long-term sustainability and profitability for their business.

Interior design consulting business owner salary

The salary of an interior design consulting business owner is an unpredictable figure. It's significantly influenced by numerous factors, including the store's location, its size, and the degree of competition. An owner of a well-established interior design consulting business, in a prime position, might see an average weekly salary around the ballpark of $7.77K.

But it's worth noting, such numbers aren't always consistent. The earnings can vary wildly, potentially swinging by as much as 80% either way.

Achieving consistent success and maintaining a reliable income stream in this industry requires a deep commitment. It's imperative to offer high-quality products, deliver impeccable customer service, and nurture a trusted bond with the community you serve.

Conclusion

In a nutshell, based on many of our examples, a interior design consulting business may be a promising business to start - but the success of your interior design consulting business mostly depends on your effort and your approach.

If you focus on these, you'll have a much higher chance of a profitable interior design consulting business.

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Starting An Interior Design Consulting Business: Everything You Need To Know

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