Accounting tips for designers and decorators - small business

Whether you’re doing your books or submitting information to your bookkeeper, accounting is an integral part of a running a design/decor business. This said, the industry has its quirks, and the associated accounting can be a bit different from other industries as a result. Accounting doesn’t need to be a daunting task. With these tips in hand, accounting can be a breeze for decorators and designers. 

Some of you may have only considered getting business insurance to satisfy client demands in the past. But it is more than just a necessary evil. The truth is, most business owners do far too little to protect themselves while failing to grasp the full implications of leaving themselves exposed.

Unfortunately, no matter how effective you believe the preventative strategies you have in place are, there is always a risk associated with doing business. Most often, it is something completely unexpected that you never considered that has the potential to disrupt your business.

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When it comes to funding and advice for starting and growing a decorating or design business, many of our members encounter some real challenges like getting start-up capital, expansion funds, or help with a special project. What many of our members don't know is as Canadian business owners, we have access to a suite of small business services offered through Business Development Bank of Canada (BDC). 

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Selling takes practice. In a Houzz business webinar on selling, presenter Shawn Doyle discussed tactics clients commonly used to negotiate job price and counter tactics you can use. Here are 10 of these tactics and counter tactics.

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For those of us in the brick-and-mortar business world, the very idea of using social media as a marketing tool can seem intimidating, time-consuming, or just plain nonsensical, but the numbers tell a different story. According to a report published by the Canadian Internet Registration Authority (CIRA), Canadians spend an average of 36.7 hours per month online, and 59% of us log on to use social media. We’re also there for general surfing (49%), shopping (46%), and product research (43%). Yet despite this strong trend toward online research and purchasing, some Canadian businesses are reluctant to embrace social media—and it’s hurting their bottom line.