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What are the start-up costs for starting an interior design business in the Arab World?

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Question added by Dina Khatib , Brand and Communications Manager , Bayt.com
Date Posted: 2016/01/14
Ahmed Khater
by Ahmed Khater , ID& Fit- Out Construction Manager , Harmony Atelier Interior Design& Decoration

The start-up costs for starting an interior design business may vary regarding many factors like scale of business, targeted costumers, location, but i can tell you how to calculate business cost and allocate expenses, cost of services generally grouped in3 categories:

 

- cost of labor - generally variable

 direct salaries and hourly wages

customary and statutory benefits such as social security, vacations, health benefits .. etc

 

- cost of operation - generally fixed  

rent, phone, technology, electricity, furniture and other assets ( based on defined depreciation period )

 

- cost of marketing and sales 

staff support, brochures, advertising

 

you have to set up your business plan for the first year so your start up cost will be:

cost of fixed assets +( cost of operations + labor + sales&marketing for the next coming year based on your targeted business plan).

ReeM Idrese
by ReeM Idrese , مهندسة ديكور , Design

Depending on the location and the area of work, there is nothing specific and perhaps the piece will be calculated

Carole Damouri
by Carole Damouri , Senior Interior Designer , Reservoir LLC

The start-up  cost for starting an Interior Design business may vary regarding the scale of projects you are willing to take and quality.

start up cost may include following

  • client profile analysis
  • site analysis
  • demolition cost
  • material. transportation, selection, analysis
  • research cost
  • estimation cost
  • concept design
  • preliminary design
  • execution cost
  • labor cost
  • transportation cost
  • designer salary
  • grace period cost
  • legal documentation cost
  • time period of completion
  • miscellaneous charges
  • furniture cost
  • finishing cost
  • site handling cost

Vikram Malik
by Vikram Malik , Customer Project/Program Manager , Hewlett Packard Enterprise

Start-up costs for Interior Design Business

Studio Webware $45/month : The premiere accounting and project management platform for interior designers.  Learn it early and it will save you so much time and energy.

Insurance $500-$1200 : Not optional.  Protect your clients and yourself.  Costs depend on coverage and location.

LLC $300-$1000: Yes, it doesn't cost anything to be a sole proprietor, however, that leaves you personal assets vulnerable.

Website free - $2000:  You can go with a free website service, all the way to a custom site.  But start with something.

Business cards $50-200: Spread the word that you're open for business.  Don't worry too much about a custom designed logo or branding in the beginning.

Lawyer $300-$500: Hire a lawyer to review your contract.  Do not do any work without a lawyer-approved contract.  Again, protect your clients and yourself.

Business licenses free-$100: Depending on your location, you'll need various business licenses and resale permits.  These are necessary for doing business in many areas, but usually are very reasonable.

Syed Noman
by Syed Noman , Kitchen Designer And Planner , Pacific One Stop Interior Solution

IT'S BESICALLY DEPANDS ABOUT WHAT TYPE OF BUSINESS ACTUALLY WE ARE GOING TO STARTED BUT FOR THE MINIMUM FULFILLMENT OF THE STARTING IN THIS CASE MAY BE COSTS 5000$ USD.

mohammed h saied
by mohammed h saied , senior interior & graphic designer , Kafr El-Sheikh University

i believe you can start your business in interior design, lowest cost

Abdalla   Elnigoumi
by Abdalla Elnigoumi , Interior Designer , Skab Group Of Companies

The start-up costs for starting an interior design business are:-

 

1.Space

you need to reant an office should be prepared .

2. Equipments

Desk ,chair, filing  cabinet, chairs for your customers etc..

3.utilities

utilities such as ac’s ,electricity ,water eat…

4.Insurance

5.Market research

6.Advertising and marketing.

7. .Website

as mr. ahmed khater said 

Mahmoud Zaher Tarakji
by Mahmoud Zaher Tarakji , مدير , أوال جاليري

_ coast of marketing and sales-

coast of operation

coast labor . account how many days work for ready , how many time meeting for agree customer and how many percent profit

better for account each sq meter $ us Dollars this  price different country to other

Waqar Ahmed
by Waqar Ahmed , Project Manager & Senior Functional Consultant , Maison Consulting & Solutions

Although, this question is a very wide and open ended, however, to startup any business there are several factors that make up its cost. 

Most importantly is the answer to5 Ws. 

  1. What are you planning to sell?
  2. Where is your business going to setup?
  3. Who would be the target market?
  4. When are you going to launch?
  5. Why you chose interior design business?

Once the above-mentioned are met, they set the base for calculations for the initial expenses for the startup business.

  1. Would you require to hire extra employees, other than yourself?
  2. Where and what type of office location you would possess for the business?
  3. What assets are most required?
  4. What is your capital?
  5. What will be the peak point of the business?
  6. Till when you believe to have reached the peak point?
  7. Would you use advertisement, if so, what medium of advertisement you chose?
  8. ...

There is a long list of questions still can be added. Hence, in short, as stated that it is wage question and cannot be answered by quoting a figure.

I hope that satisfies your query.

Noura Salah Eldin
by Noura Salah Eldin , Interior Fit Out Engineer , MANGO-GROUP

The start-up costs for starting an interior design business are as follows:First, after the agreement on the possibilities and designs

We begin in the demarcation of the items in the order, respectively, and analysis of the price of each item

Fulbright grants and analysis Alsisar by calculating labor and raw materials costs and the transfer of raw materials and Almsenaiat

make Indexation work for the project

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