This structured way of working also shows clients that you are an organized professional with processes in place. Either way, your Letter of Agreement is in place so that you receive a retainer fee up front for services and your clients understand the terms and conditions of working with you. How elaborate and detailed the retainer agreement is, will depend on your business model. It states the terms of how you work, the scope of a project and services you will provide, as well as details of your fee schedule. What is a Retainer Agreement?Ī retainer agreement is essentially a contract between you and your client. I always have a signed retainer agreement before commencing design services and you should too. I’ve set up my processes so that I am never out of pocket for services. Please don’t let this happen to you, it’s no way to run a successful interior design business!
But first, watch the video below to learn more about how and why this initial contract is imperative to have in place for your business.Īt least once a month in my private Facebook Group for Designers, someone posts to ask for advice on how to get paid for outstanding client invoices. If you don’t have a Letter of Agreement, here’s where you can get mine. In this post I’m going to tell you how to do just that with a Retainer Agreement. Retainer Agreement – Interior Design Contractĭo you ever have outstanding invoices for services from clients? You need to make sure you are getting paid up front.
