The Scarlet Thread Blog

Business Tips & Advice for Your Interior Design Firm

Michele Williams Michele Williams

How To Avoid Making 3 of the Worst Cash Flow Mistakes

By now, your cash is flowing and you’re reading your interior design financial statements to follow the ebb and flow of the cash beyond just mere bookkeeping. You know your sales cycle, you’re tracking money due and expenses pending, and you’re able to take the pulse of your business at any time.

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Michele Williams Michele Williams

3 Big Ways To Avoid Scraping The Bottom of the Cash Barrel

You probably chose to start an interior design business without first assembling an accountant or bookkeeper, but there comes a time when you must create and maintain interior design financial statements. The alternative is a finance guessing game that sees you scrambling to avoid reaching bottom over and over again because you do not have a realistic picture of your money.

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Michele Williams Michele Williams

How To Save Yourself From The Wrong Client 

Anxiety is a normal part of business, and most of us manage our emotions pretty well, using those feelings to inspire or motivate. However, if you have a sinking feeling in your gut at the thought of one client or have difficulty facing a project because you must interact with this individual, that is not normal—you have a wrong client.

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Michele Williams Michele Williams

How To Disengage From The Wrong Client Safely

If you already feel like screaming at a client who just requested your services, then get out, now!! Not every client is right for you, and that’s A-Okay. So, once you’ve discovered one is the wrong client, it’s time to disengage. Save yourself and save your business; wrong clients can cost you time and money—and your reputation.

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Michele Williams Michele Williams

3 Sure-fire Ways to Accidentally Sabotage Your Plan

When you chose to start an interior design business, you embarked on a unique journey. As an entrepreneur, a well-run business will impact every facet of your life. Your interior design business plan is a key document to managing your business—and therefore, your life. So, you must ensure the plan works.

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Michele Williams Michele Williams

When You Want A Goal To Be More Than A Wish, Make A Plan!

We’ve all heard the term, ‘business plan,’ but then no one seems to explain the nuts-‘n’-bolts, the guts of the plan. What goes into this thing?? This is where most of us feel overwhelmed, confused, and frustrated, and then we put the whole plan on the back burner while we continue to plod along. Don’t plod! Don’t waste your energy heading down wrong-turns or dead end. A well-run business will impact every facet of your life. So, make a plan.

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