Industry Standard Data 2019 to 2022

This class is perfect for the Interior Design Firm that has always wondered how their numbers stack up with the average interior design firm in the United States from 2019 through 2022. Students will have access to industry standard data in all three guidebooks. The business size ranges include:

• $250,000 to $750,000
• $750,000 to $1.5 Million
• $1.5 Million to $3.0 Million

Each guidebook will review:

• Gross Sales (Total and Breakdowns between Design Fees and Product Revenue)
• Gross Margin Ratio
• Overhead Expenses - Rent, Advertising, and Photography
• Owner's Compensation, Salaries, Billable Rates
• Net Income Details

Not only will you be provided with all three downloadable PDF guidebooks, but you will also have access to over 1 hour worth of videos which will break down each subject on the research that was accumulated for the years between 2019 to 2022 and include explanations and opinions from Peter Lang, CPA. Peter has decades of experience working with interior design firms and explains the content in ways for you to understand.

After students review this guidebook, they will:

• Gain an understanding of how firms close to their size make payroll decisions
• Gain an understanding of the total and breakdown of gross revenue and gross margin
• Gain an understanding of how much other interior design firms spend on overhead expenses and can compare the health of their net income percentage.