A Well-designed Business® | Interior Design | Designers | Business |interior Design Success

873: Power Talk Friday: Peter Lang: Design a Better Bottom Line With The Designer CPA

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Sinopsis

Today With Peter Lang: Today on A Well-Designed Business I am joined by Peter Lang of The Designer CPA, the only CPA firm in the country specializing in the business of Interior Design. Peter is a repeat guest on the show and the co-author of A Well Designed Business – The Power Talk Friday Experts.  Peter has spent the last several years compiling all of his numbers and all of his knowledge into a beautiful industry-standard report. If you’ve ever wondered what profits look like for an interior design business your size, or how much the average owner pays themselves annually, or what standard monthly overhead costs add up to, then this is for you. This guidebook has every benchmark number along with thorough video explanations to help you make better decisions and have more success in your interior design business. Pick It Apart [5:13] Peter explains the differences when choosing between cash basis and an accrual basis on your tax forms. [13:54] Peter and LuAnn discuss how different software targets differen