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5 services you should use for your interior design business

Rayanne Morriss Interior Design, Furnishings & Fixtures

Interior design makes homes more comfortable, attractive, and luxurious than in previous ages. The field is heavily driven by creativity and innovation, resulting in functional designs and beautiful spaces. With the interior design industry booming to greater heights, you might need a helping hand to help you deliver articulate projects. The following are some services you should use for your interior design business.

Good news in your job search: Harry, Larry, and the bear

Hank Boyer Business Management, Services & Risk Management

What is North America’s No. 1 domestic issue of most concern to the average person? Politics? Coronavirus? Who will win Super Bowl LV? Nope! The thing that concerns most people is still jobs. Whether you are 18 or 80, you’ve likely never seen it more difficult to find a great job in your field of interest in your lifetime. Lockdowns in various regions of the country, overseas competition, and rapidly changing methods employers use to fill jobs have all made it difficult for good people to find good jobs.

What ‘business ghosting’ says about your leadership, and why…

Simma Lieberman Business Management, Services & Risk Management

One would think that during this time of COVID-19, work from home, and high unemployment that people who have the title of "leader" would make an extra effort to be kind and caring to their employees and other people with whom they come in contact. While I’ve seen some amazing leaders who practice that kindness, caring and respect for others, there is another group of people who have the title of leader but whose actions are just the opposite. For them, they practice what I call "business ghosting."

Real estate goes virtual with contactless viewings, signings, and property…

Terri Williams Business Management, Services & Risk Management

Purchasing a home or renting an apartment can be a cumbersome process, exacerbated — and made less safe — by COVID-19. In-person showings and signings are difficult, if not impossible, to manage while maintaining social distancing guidelines. Syncing various schedules can also be a headache, especially for buyers and tenants with kids and inflexible jobs. And what about those last-minute questions that tend to pop up at 2 a.m.? However, some real estate and property management companies are making the homebuying, rental, and property management process a lot easier — and reducing the probability of contracting COVID-19 — through the use of a variety of virtual solutions.

Keep your distance, but maintain personal relationships

Lloyd Princeton Interior Design, Furnishings & Fixtures

Just when it looked like remote working had hit its peak, employers are again facing the possibility of workplace closures as cases of the coronavirus surge throughout the country. Many businesses, though, including interior design, depend on teamwork and close personal interaction with customers for their success. While health and safety have to be a priority, they also need to have a strategy and protocols for meeting in person.

Survey: Firms fight to operate during COVID-19

Seth Sandronsky Business Management, Services & Risk Management

The breadth and depth of the pandemic’s effects on private businesses has surfaced in new government data collected from July 20 through Sept. 30, 2020. In these numbers, the U.S. Bureau of Labor Statistics conveys how businesses big and small operated. Spoiler alert: the BLS data on employment, wages, job openings and terminations, employer-provided benefits, and safety and health paints a tough picture of firms fighting to stay afloat. Nationally, 52% of surveyed businesses, or 4.4 million, told their workers to avoid work (paid or not) for some time.

Outlook for remodeling industry in 2021 still fuzzy

Michael J. Berens Interior Design, Furnishings & Fixtures

As previous indicators predicted, demand for professional remodeling services rebounded in the third quarter of the year. After experiencing negative growth in the first half of the year, the industry is now poised to end the year in the black with a modest increase in growth over last year. Whether it can sustain that positive growth next year, however, is at present uncertain. Remodelers are optimistic but are facing headwinds that could cause demand to slow.

Optimizing your business’ ability to pivot

Indiana Lee Business Management, Services & Risk Management

2020 has been a challenging year for everyone, businesses and individuals alike. What makes it so unusual is that the impact has been universal. Every nation around the world has been impacted by COVID-19 and the economic uncertainty that followed. What has become clear is that companies need to be more agile and flexible than ever. You never know what challenges will come, and a business’s ability to pivot can mean the difference between success and failure. How do you optimize your company’s ability to stay competitive in challenging situations? Here are some tips you can use.

Luxury homebuyers changing faces, places

Michael J. Berens Interior Design, Furnishings & Fixtures

More than any other factor in recent years, the coronavirus has changed how we live and where we choose to live. Up until this year, demographers have puzzled over why there was so little movement among the population. Now, individuals and families are relocating in large numbers and to places that a year ago would not have been top of mind. Especially in the case of higher-income households, this is causing profound shifts in the makeup of communities and the distribution of wealth.

High demand for homes is depleting inventories

Michael J. Berens Construction & Building Materials

Prospective homebuyers are facing a dwindling pool of choices as the supply of properties for sale has hit an all-time low. Sales activity remains brisk, with most homes selling in less than a month. Yet despite advantages for sellers, including historically low interest rates and escalating values, fewer owners are putting their homes on the market, and builders have not been able to keep up with the demand for new homes. The combination of low inventories and higher prices likely will cause the pace of sales to slacken in the coming months.

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