143. Don't Leave Your Money on the Table with Jaime Brown

Welcome back to another episode of Design for the Creative Mind! I'm thrilled to introduce our guest for today, Jaime Brown, the Director of Strategic Partnerships at Studio Designer. Jaime has a wealth of experience working with design firms of all sizes, helping them tackle their business challenges and implement design-specific software into their workflows. She's here to share some invaluable insights with us today.    Jaime breaks down the benefits of integrated systems, emphasizing the seamless combination of project management and accounting functionalities. By eliminating the need for manual data transfers between different software, integrated systems save time and reduce errors. One key feature Jaime discusses is item-level profitability tracking, allowing designers to analyze the profitability of each product or service. This granular insight enables designers to make informed pricing decisions and ensure they're adequately compensated for their work.   We talk about the importance of setting pricing boundaries and tracking project hours diligently and the value of data-driven decision-making, urging designers to leverage tools like time tracking reports to optimize their pricing strategies and project estimates. . While numbers may not be the most glamorous aspect of design, they're essential for maximizing profitability and ensuring long-term success. So, don't shy away from diving into the numbers and analyzing your business metrics—it's the key to unlocking your full potential as a creative entrepreneur.   Jaime is the Director of Strategic Partnerships at Studio Designer. Over the last 5 years, Jaime has specialized in working with small to large-sized design firms to help solve and improve their business challenges. By helping to implement design-specific software into their daily processes, Jaime helps interior design business owners grow and scale their firm, improve their firm's productivity and gain stronger financial insights to succeed.   Podcast Website and Resources: Get more info about our year-long mentorship and coaching program: https://www.designedforthecreativemind.com/business-bakery   Text BESTIE to 855-784-8299 for business tips, encouragement, and all our DFCM updates.   SIMPLIFY YOUR MARKETING, SIMPLIFY YOUR LIFE. Sidemark is an all-new, all-in-one software that organizes sales, marketing, and business services all in one convenient location. Join mysidemark.com to help grow your interior design business. Stay in touch with Michelle Instagram: https://www.instagram.com/designedforthecreativemind/  Join our Free Facebook Community: https://www.facebook.com/groups/idbizlaunchpad  Get clarity on your next best step today! https://www.designedforthecreativemind.com/reviewguide   Have ideas or suggestions or want to be considered as a guest on the show? Contact me! https://www.DesignedForTheCreativeMind.com/contact   A Podcast Launch Bestie production