INT204
Business Practice
Understand the various methods of establishing professional fees
Create a sample Agreement between Owner and Interior Designer
Create order forms for furniture and materials
Create a sample invoice
Create a sample Change Order
Produce various types of correspondence
Understand requirements for professional registration in Illinois
Understand state requirements for retail sales tax
Understand the steps involved in establishing a business
Required textbook: Knackstedt, Mary. The Interior Design Business Handbook. Wiley, 4th ed.
TOPICAL OUTLINE |
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TOPIC |
CONTACT HOURS |
Session # |
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Overview of interior design business practice |
2 |
2 |
|
1 |
State regulations of Interior Design practice |
2 |
2 |
|
2 |
Setting up a business |
2 |
2 |
|
3 |
Professional associations; professional ethics |
2 |
2 |
|
4 |
Correspondence; samples of documents |
2 |
2 |
|
5 |
Forms used in the practice of Interior Design |
2 |
2 |
|
6 |
Establishing professional fees; determining profitability; billing for services |
2 |
2 |
|
7 |
Legal issues; insurance; state retail sales tax; bank records |
2 |
2 |
|
8 |
Furniture and material purchase procedures; delivery storage, installation |
2 |
2 |
|
9 |
Preparation of bid documents; administration of construction contracts |
2 |
2 |
|
10 |
Bidding and procurement; differences between residential and contract design |
2 |
2 |
|
11 |
Change Orders |
2 |
2 |
|
12 |
Marketing services; selling product, promotion of the business |
2 |
2 |
|
13 |
Employees, salaries, labor laws |
2 |
2 |
|
14 |
Archives, storage, record keeping requirements |
2 |
2 |
|
15 |
Final Exam |
|
|
|
|
Total Hours |
30 |
30 |
|
|