Financed Hub

Press ESC to close

Or check our popular categories..., how to start interior design business in nigeria (2023).

Are you considering the prospect of launching your very own interior design business in Nigeria? If so, you’ve come to the right place. This article is your comprehensive guide to understanding the ins and outs of the interior decoration industry, including its profitability, capital requirements, and a step-by-step roadmap for initiating your venture successfully. By the end of this article, you’ll have a clear vision of how to embark on your journey in the world of interior design in Nigeria.

The Significance of Interior Design

Table of Contents

Interior design, also known as interior decoration, is an art form dedicated to enhancing the interior spaces of buildings, creating environments that are not only aesthetically pleasing but also contribute to the well-being of those who inhabit them. Interior designers are professionals who undertake the tasks of researching, planning, coordinating, and managing these enhancement projects.

The relevance of interior design cannot be overstated, particularly in Nigeria’s dynamic real estate sector. A beautifully designed interior can significantly enhance the appeal of a property, attracting potential buyers and tenants alike. As the demand for attractive and organized living spaces continues to rise among Nigerians, the interior design business plays a pivotal role in shaping the real estate landscape.

Is Interior Design Profitable in Nigeria?

One of the foremost questions aspiring interior designers often ponder is whether interior design is a profitable venture in Nigeria. The answer is a resounding yes. The demand for aesthetically pleasing homes is on the rise, with a growing number of Nigerians seeking to transform their living spaces into beautiful and inviting environments.

As an interior designer in Nigeria, your clientele will primarily consist of high-income and middle-income earners who recognize the value of professional interior design services. Your earnings will stem from both sourcing and selling furniture and fittings for your clients, as well as the fees you charge for your design services. In summary, interior design can be a lucrative career choice in Nigeria, provided you offer quality services and establish a strong client base.

Capital Requirements for Starting an Interior Design Business

One of the appealing aspects of launching an interior design business in Nigeria is the relatively low capital investment required. Since it is a service-based industry, your success hinges more on your professionalism and expertise than on a substantial financial commitment. In fact, you can kickstart your interior design venture as a side hustle, operating from the comfort of your own home. The interior design business offers flexibility that few other industries can match.

Many successful interior designers in Nigeria have started their businesses with little to no capital, especially if they choose not to rent a physical office space. However, if you opt to rent office space or create a professional website for your business, you may need an initial capital investment ranging from ₦500,000 to ₦1,000,000.

Pricing Strategies for Interior Design Services in Nigeria

The pricing of interior design services in Nigeria can vary widely based on factors such as experience, recognition, and geographic location. Interior designers in Nigeria employ various pricing models, including fixed fees, project percentage fees, time-based fees, and cost-per-square-foot fees. On average, interior designers in Nigeria charge their clients between ₦100,000 and ₦400,000 for the services they provide.

Establishing the right pricing strategy is crucial to your business’s success. As a new interior designer, it’s essential to strike a balance between setting competitive prices to attract clients and ensuring that your fees reflect the value of your services.

Steps to Start Your Interior Design Business in Nigeria

Now that you have a grasp of the fundamentals, let’s delve into the step-by-step process of launching your interior design business in Nigeria:

1. Learn Interior Design

  • Begin by acquiring a solid understanding of interior design as both a skill and a business. This knowledge is essential to build trust and credibility with your clients.
  • Invest time in reading books, articles, and watching educational videos on interior design. Consider enrolling in online courses to enhance your expertise. These courses vary in duration, with options ranging from one month to six months.

2. Craft a Business Plan

  • Even though interior design isn’t capital-intensive, a well-structured business plan can be a valuable asset. It will provide you with a roadmap for your business’s growth.
  • A comprehensive business plan typically includes sections such as an executive summary, company overview, customer analysis, competitive analysis, market research, marketing plan, operational plan, and startup cost projections.

3. Secure the Necessary Capital

  • Determine your startup needs. If you plan to rent office space or invest in online marketing, you’ll require capital. However, if you choose to work from home and leverage free online promotion methods, your capital needs will be minimal.

4. Establish Your Brand and Register Your Business

  • Building a strong brand identity is crucial for your interior design business. Start by selecting an easy-to-remember business name and creating a distinctive logo. Consider consulting a professional graphic designer to ensure your branding stands out.
  • Register your business to enhance its credibility and establish a legal framework for operations. This step is critical if you aspire to collaborate with prominent real estate companies in Nigeria.

5. Determine Your Pricing Structure

  • Decide on your pricing strategy for interior design services. You can choose from various models, but ensure that your pricing aligns with your market positioning and the value you offer.

6. Attract Clients

  • Develop a portfolio website optimized for search engines (SEO) to attract online customers.
  • Utilize social media platforms to showcase your professionalism and engage with potential clients.
  • Explore partnerships with local real estate companies to tap into their client base.

7. Profit-Making Strategies

  • Selling furniture and fittings to clients seeking to enhance their homes, leveraging the trust you’ve built.
  • Offering interior design consulting services to individuals and companies looking for expert guidance.

In summary, the interior design business in Nigeria holds immense promise as a profitable venture. Its accessibility, low capital requirements, and opportunities for informal education make it an attractive option for aspiring entrepreneurs. Success in this industry requires consistency, patience, and a commitment to ongoing learning and growth. So, if you’re eager to embark on a rewarding journey in interior design, take the plunge and follow the steps outlined in this comprehensive guide. Your dream of becoming a successful interior designer in Nigeria is within reach.

Categorized in:

Share Article:

Leave a Reply Cancel reply

Save my name, email, and website in this browser for the next time I comment.

Related Articles

How to start boxers business in nigeria in 2023, how to start photography business in nigeria in 2023: detailed guide, how to start leather belts business in nigeria in 2023, how to start clothing business in nigeria in 2023: simple guide, other stories, how to start photocopy business in nigeria (2023), how to start potato chips business in nigeria (2023).

StartBizEasy

Interior Design Business in Nigeria: A Complete Guide

Interior-design-business-in-Nigeria

Starting an interior design business in Nigeria can be an exciting and fulfilling venture, but it can also be a challenging one.

With a growing demand for quality interior design services, the market in Nigeria is ripe for entrepreneurs who are passionate about design and willing to put in the work to build a successful business.

In this article, we’ll walk you through the steps to start an interior design business in Nigeria, from market research to setting up your business, to marketing and growing your brand.

Whether you’re a seasoned designer or just starting out, this guide will provide you with the essential knowledge and tools you need to succeed.

Table of Contents

How to start an interior design business in nigeria.

Before starting this business, there are some must things that must be put in place, such as;

Develop your skills and expertise

Before launching your business, you need to have a solid foundation in interior design.

If you haven’t already, consider taking courses or workshops to improve your skills and learn about the latest trends and technologies in the field.

You can also gain valuable experience by working for an established interior design firm or offering your services to friends and family.

Conduct Market Research

Before you start an interior design business in Nigeria, it’s important to understand the market and your target audience. This means conducting research on the following:

Industry Trends and Competitors

Research industry trends and analyze your competitors. Identify what they’re doing well, where they fall short, and how you can differentiate yourself.

Target Audience

Define your ideal client and understand their preferences, pain points, and buying behaviors. This will help you tailor your services and marketing efforts to attract and retain your target audience.

Determine the average pricing for interior design services in Nigeria and establish a pricing strategy that reflects your value proposition, market demand, and business objectives.

Create a Business Plan

A business plan is a roadmap that outlines your goals, strategies, and financial projections. It helps you clarify your vision, make informed decisions, and secure funding. Here are the key elements of a business plan:

Executive Summary

This section should provide an overview of your business, including your mission statement, products/services, target audience, and goals.

Market Analysis

This section should provide an in-depth analysis of the market, including industry trends, competitors, and target audience.

Services and Pricing

This section should outline the services you’ll offer, your pricing strategy, and any unique selling propositions that differentiate your business.

Marketing Strategy

This section should outline your marketing strategies, including your target audience, channels, and budget.

Financial Projections

This section should include your financial projections, including startup costs, revenue, and expenses.

Register Your Business

To start an interior design business in Nigeria, you’ll need to register your business with the Corporate Affairs Commission (CAC). Here’s what you need to do:

Choose a Business Name

Choose a unique business name that reflects your brand and values. You can check the availability of your chosen business name on the CAC website.

Register your business with the CAC by completing the necessary forms and paying the required fees.

Obtain Necessary Permits and Licenses

Depending on your business structure and location, you may need to obtain additional permits and licenses. Check with your local government for more information.

Set Up Your Office and Team

To run a successful interior design business, you’ll need a physical office and a team of talented professionals. Here are the key steps to set up your office and team:

Choose a Location

Choose a location that’s easily accessible, affordable, and convenient for your clients and team.

Furnish Your Office

Furnish your office with comfortable and stylish furniture, lighting, and decor that reflects your brand and aesthetic.

Hire a Team

Hire a team of talented professionals, including designers, project managers, and administrative staff, who share your passion for design and commitment to excellence.

Build Your Brand and Online Presence

To attract and retain clients, you’ll need to build a strong brand and online presence. Here’s how:

Develop Your Brand Identity

Develop a brand identity that reflects your values, aesthetics, and target audience. This includes your logo, color scheme, and brand voice.

Create a Website

Create a website that showcases your services, portfolio, and testimonials. Your website should be visually appealing, user-friendly, and optimized for search engines.

Use Social Media

Use social media platforms like Instagram, Pinterest, and LinkedIn to showcase your work, engage with your target audience, and build your brand awareness.

Attend Events and Network

Attend industry events, conferences, and trade shows to meet potential clients and network with other professionals in the industry.

Market Your Business

To attract and retain clients, you’ll need to market your business effectively. Here are some effective marketing strategies:

Referrals and Word-of-Mouth

Ask satisfied clients to refer their friends and family to your business. Word-of-mouth marketing is one of the most effective and affordable ways to grow your business.

Content Marketing

Create valuable content that educates and informs your target audience about interior design trends, tips, and techniques. This includes blog posts, e-books, and video tutorials.

Paid Advertising

Invest in paid advertising, such as Google Ads or Facebook Ads, to reach a wider audience and generate leads.

Starting an interior design business in Nigeria can be a challenging but rewarding venture.

With the right market research, business plan, team, and marketing strategies, you can build a successful business that meets the needs of your target audience and helps you achieve your goals.

  • What type of Interior Design makes the most money?
  • How to start up a Spa business
  • How to start a Restaurant Business in Nigeria
  • Starting a Profitable Cold Room Business

How much does it cost to start an interior design business in Nigeria?

The cost of starting an interior design business in Nigeria can vary depending on factors like office rent, equipment, and marketing. A good estimate would be between 1,000,000 to 5,000,000 naira.

Do I need a degree in interior design to start an interior design business in Nigeria?

While a degree in interior design can be helpful, it’s not a requirement to start an interior design business in Nigeria. What’s more important is having a passion for design and a commitment to excellence.

How do I get interior clients?

You can find clients for your interior design business in Nigeria through referrals, social media, attending events and networking, and creating valuable content that showcases your expertise.

How do I set my pricing as an interior designer in Nigeria?

To set your pricing as an interior designer in Nigeria, research the average pricing for interior design services in your area, and consider your value proposition, market demand, and business objectives.

How long does it take to start an interior design business in Nigeria?

The timeline to start an interior design business in Nigeria can vary depending on factors like business registration, obtaining permits and licenses, and building a team. A good estimate would be between 3 to 6 months.

How much does an interior designer make in Nigeria?

As an interior design owner in Nigeria, your earnings can vary depending on several factors such as your level of experience, the type of projects you handle, and the size of your business.

According to research, the average pay for an interior designer in Nigeria for a small project is around ₦150,000 to ₦300,000 per project. While for the bigger projects, it runs in millions

Is interior design business profitable?

Yes, an interior design business can be profitable if executed correctly. The demand for interior design services is on the rise in Nigeria, with more people looking to improve the aesthetics and functionality of their homes and offices. This article gives you a complete guide on how to make the interior business profitable.

Share this:

  • Click to share on Facebook (Opens in new window)
  • Click to share on X (Opens in new window)
  • Click to share on WhatsApp (Opens in new window)
  • Click to share on Reddit (Opens in new window)
  • Click to email a link to a friend (Opens in new window)

' src=

I am Eghosa Kester Igbinigie, the owner of StartBizEasy.com and Richnuggets.com. As a business enthusiast, writer, and speaker, I hold a degree in Business Administration (BSc) and own several successful businesses

Similar Posts

Print on Demand Business in Nigeria: The Ways to Profitability

Print on Demand Business in Nigeria: The Ways to Profitability

In this article i will be revealing to you how to start a profitable print on demand business in Nigeria with…

The 5 Key Elements of a Business Model?

Having a solid and successful business model is essential to being successful in today’s cutthroat business environment. A business model is…

How to Start Electronic Components Business: Sourcing, Selling, Succeeding

How to Start Electronic Components Business: Sourcing, Selling, Succeeding

In this article “How to Start Electronic Components Business” we reveal to you not just the steps to start the business…

10 major things to INSPECT in a USED CAR in 10 minutes before buying it for Bolt or Uber

Normally it is important you take a professional mechanic along with you to inspect a used car before buying it with…

How to Start Battery Recycling Business: Step-By-Step Guide

How to Start Battery Recycling Business: Step-By-Step Guide

A battery recycling business involves the collection, sorting, and processing of used batteries to extract valuable materials like metals (such as…

This is why Bolt and Uber DRIVERS ACCOUNT gets Blocked

Bolt or Uber Drivers can testify that since the introduction of these ride-hailing apps, there have been a tremendous increase in…

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Notify me of follow-up comments by email.

Notify me of new posts by email.

Discover more from StartBizEasy

Subscribe now to keep reading and get access to the full archive.

Type your email…

Continue reading

interior design business plan in nigeria

A Step-by-Step Guide to Launching an Interior Design Firm in Nigeria

  • by SME Guide

interior design business plan in nigeria

Nigeria’s real estate boom and rising middle-class spending are fuelling rapid growth in demand for professional interior design services. This presents lucrative opportunities for skilled entrepreneurs to establish successful interior design businesses.

Follow this detailed step-by-step guide to start your own profitable interior design company in Nigeria:

Conduct thorough market research.

Begin by researching Nigeria’s interior design industry, including:

  • Market size, growth projections, and trends
  • Customer segments and their design needs (residential, commercial, etc.)
  • Competitor analysis: number and size of existing firms
  • Average service fees charged for different projects
  • Common pain points for clients

This will help shape your positioning and offerings in the market. Get useful insights from real estate developers, architects, home owners, offices, and hotels.

Get proper educational qualifications.

While you can learn on the job, formal education in interior design gives you credibility. Pursue qualifications like:

  • Certificates: 1-2-year programs at polytechnics and vocational institutes.
  • Diploma/ND – 3-year National Diploma at a Polytechnic
  • Degree: 4-year Bachelor program at universities
  • Post-graduate: Masters in interior design, architecture, etc.

Joining a respected institution will give you access to experienced instructors, professional networks, and practical learning.

Get essential skills and experience.

Beyond classroom learning, develop key hands-on skills like:

  • Design principles: space planning, layouts, color schemes, lighting, acoustics, etc.
  • Technical skills: building codes, materials, and engineering details
  • Project execution: coordination, procurement, installation, and styling
  • Software proficiency:  AutoCAD, 3DS Max, Revit, Photoshop, etc.
  • Creativity: unique designs matching client preferences.

Gain experience through internships and assisting senior designers. Start building a portfolio.

Choose a Business Structure

Common structures for interior design ventures in Nigeria include:

  • Limited Liability Company (LLC):  Offers liability protection for owners It requires a minimum of 2 directors. There is no limit on shareholders.
  • Partnership Firm:  Shared ownership and liability between partners Needs at least two partners.
  • Sole Proprietorship:  Easy to register, but no separation between business and personal assets. The owner has unlimited liability.

LLCs allow external investment and safeguard owner assets, making them the most preferred option.

Register and license your business.

Legally register your interior design business with the Corporate Affairs Commission (CAC) and obtain relevant permits:

  • Business name registration:  Register a unique company name with the CAC.
  • Tax Identification Number (TIN):  Obtain your TIN number from the FIRS for taxes.
  • Interior design license: voluntary licensing through the Interior Designers Association of Nigeria (IDAN) adds credibility.
  • Office location permit: from your respective state and local government area
  • Operational insurance:  Take adequate cover for your business activities and employees.

Create a business plan.

Crafting a solid business plan is highly recommended to define your strategy, covering areas like:

  • Company overview and mission statement
  • Market analysis and target clients
  • Proposed interior design services
  • Operational plan: staffing, office space, tools, etc.
  • Marketing and sales strategies
  • Financial projections: expenses, revenues, profitability

This will serve as an invaluable guide for securing funding, loans, and attracting high-quality talent.

Secure Sufficient Financing

Starting an interior design business requires substantial capital. Some financing options to explore include:

  • Bank loans and overdrafts:  Approach banks or microfinance institutions with your business plan.
  • Self-financing: personal savings or retained earnings from other businesses
  • Business partners: join hands with co-founders who can inject capital.
  • Private investors: Pitch your business plan to angel investors or VC firms.
  • Asset lending:  Use personal assets like vehicles as collateral to secure loans.

Set up office space and infrastructure

Rent and furnish attractive office space, providing:

  • Reception and waiting area
  • Private client meeting room
  • Drafting room with large tables
  • Design workspace and storage
  • Conference room for meetings
  • High-speed internet, printing, and scanning facilities
  • Utilities like a pantry, restrooms, and parking

The office location and ambience should align with your brand positioning.

Acquire essential design tools.

Invest in key tools and technologies needed for interior design work:

  • High-spec computers and laptops—for  3D modeling, rendering, graphics, etc.
  • Smartphones: for on-site coordination, clicks, and communication.
  • Digital design software:  AutoCAD, Revit, 3DS Max, Adobe Creative Suite, etc.
  • Office tools: printers, scanners, projectors, cameras.
  • Sample boards: for material swatches, references, etc.

Also stock office supplies, scale rulers, fabric samples, design catalogs, and magazines.

Build a strong portfolio.

An impressive design portfolio is vital to demonstrating your skills and experience to prospective clients. Showcase:

  • Your educational qualifications and career summary
  • Photos of completed residential, commercial, and hospitality projects
  • 3D renderings, drawings, and sketches for projects
  • Your design process from concept to completion
  • Client testimonials and reviews.
  • Awards, media coverage, and press features

Continuously update your portfolio with the latest projects.

Hire skilled designers and staff.

Recruit talented architects, drafters, 3D visualizers, and office staff.

  • Design institutes and professional networks
  • Classifieds websites and job sites
  • Freelance designer marketplaces
  • Competitor firms

Check your qualifications thoroughly. Offer competitive packages to attract top talent. Provide regular technical training for skill development.

Develop a pricing model.

Analyze your costs: materials, labor, and overheads. Understand the prevailing fee rates.

Typically, interior designers charge:

  • Hourly fees for consultations
  • Flat project fees are based on scope.
  • Percentage of the overall project cost.
  • Markups on furnishings sourced

Price competitively, but ensure healthy margins. Be open to negotiating pricing.

Design your service offerings.

Offer comprehensive interior design services for diverse clients, including:

Residential Design

  • Living rooms, bedrooms, kitchens, and bathrooms
  • Outdoor living spaces

Commercial Design

  • Offices, retail stores, and restaurants
  • Hotels, spas, and salons
  • Hospitals, clinics, and labs
  • Schools, universities, and dorms

Specialized Services

  • Space planning, layouts
  • Custom furnishings, lighting, and styling
  • Sourcing and procurement
  • Project management and execution
  • Renovations, makeovers, and refurbishing

Create marketing content.

Showcase your interior design skills and style through marketing content like:

  • Company website: portfolio, design services, about us
  • Social media: designs, client testimonials, blogs
  • YouTube-filmed house tours
  • Printed brochures and flyers, distributed across target locations
  • Partnerships with home furnishing brands
  • PR: press releases, media coverage pursuit

This content visually establishes your brand and expertise in the market.

Leverage digital marketing.

Actively market your services through cost-effective digital approaches like:

  • SEO: target keyword rankings for searches like “interior designers in Lagos”
  • Social media:  Instagram, Facebook, Pinterest, LinkedIn profiles
  • Email marketing: design inspiration and service promotions for the subscriber list.
  • Retargeting ads: ad displays on platforms where users visited your website.
  • Reviews and referrals:  Encourage client reviews on Google and social media.
  • Blogging: Showcase designs, styling tips, and industry insights

Network Extensively

Actively network to discover new client opportunities.

  • Real estate developers, construction firms
  • Architects, contractors, and civil engineers
  • Furniture and lighting retailers
  • Paint, tile, flooring, and textile brands
  • Hotels, resorts, and restaurants
  • Design colleges and industry associations
  • Luxury property fairs and exhibitions
  • Affluent clubs and social circles

Focus on client relationships

Interact professionally with clients right from first contact. Maintain transparency over costs. Manage expectations and communicate promptly.

Try to fully understand client aesthetics, style, tastes, and budget during consultations using questionnaires and mood and vision boards. Provide 3D renderings and layout options.

Seek feedback after project completion. Rectify defects immediately. Request referrals for new business.

Deliver projects methodically.

Follow a structured execution process for flawless, timely project delivery:

  • Detailed project briefing
  • Space assessment and measurements
  • Mood boards, initial concepts
  • Layouts, 3D renderings, and lighting plans
  • Design finalization, client approvals
  • Procurement and installation coordination
  • Styling, accessorizing, and finishing
  • Quality checks and handover

Build a reliable vendor network.

Develop long-term relationships with vendors of:

  • Furniture: modern, retro, custom, etc.
  • Lighting solutions
  • Flooring: tiles, timber, stone, carpets
  • Soft furnishings: curtains, upholstery
  • Appliances and plumbing fixtures
  • Decor items, artworks, and artifacts

This facilitates prompt procurement and execution. Verify vendor quality standards. Negotiate preferential rates based on volumes.

Stay updated on design trends.

Continuously educate yourself on the latest interior design styles, technologies, materials, and global best practices by:

  • Reading international design magazines and blogs
  • Following influencers on Instagram and Pinterest
  • Attending trade fairs, conferences, and networking events
  • International study trips, expos
  • Courses, workshops, and webinars

This allows you to deliver up-to-date, cutting-edge designs.

Consider Interior Design Specialization

While starting out as a general interior designer, consider specializing over time into specific domains like:

  • Residential design
  • Hospitality design (hotels, restaurants, etc.)
  • Retail store design
  • Office space design
  • Healthcare facility design
  • Sustainable and eco-friendly design

Specialization builds unique expertise in higher-value spaces.

Expand your presence nationally.

Once established, look to expand beyond your original city by:

  • Opening additional offices in major cities like Abuja, Lagos, and Port Harcourt
  • Developing partnerships with local designers
  • Running targeted marketing campaigns and participating in local events

A national presence widens your client base across Nigeria.

Diversify into Related Services

Leverage your design skills to offer additional complementary services:

  • Architectural visualization
  • 3D floorplans and landscaping
  • Urban planning and space management
  • Custom furniture design
  • Event and exhibition stall design
  • Office fit-outs and renovations

This strategy broadens revenue streams.

The outlook for interior design in Nigeria is very strong. By following this detailed playbook, your new firm can gain expertise and recognition in the market through sharp execution, customer service, and keeping designs fresh and relevant. This will provide a platform for steady growth and success.

Related posts:

  • A Step-by-Step Guide to Starting an Electrical Installation Business in Nigeria
  • A Step-by-Step Guide to Starting a Profitable Plumbing Business in Nigeria
  • Boosting Startups in Nigeria: Evaluating Government Initiatives to Support Entrepreneurs
  • The Complete Guide to Launching a Successful Business Consulting Practice in Nigeria

2 thoughts on “A Step-by-Step Guide to Launching an Interior Design Firm in Nigeria”

' src=

I want to thank you for your time, in educating me more on the interior business, and how I can get my own started in a legitimately ways, thank you very much and I will be looking forward hearing from you.

' src=

You’re welcome! We are glad that we could assist you in your entrepreneurial endeavors. If you have any further questions or need additional help getting your interior business started, please don’t hesitate to reach out to us. We will be happy to help you in any way that we can. Best of luck with your future plans!

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Save my name, email, and website in this browser for the next time I comment.

  • Affiliate Marketing
  • Earn money & rewards
  • Freelancing
  • Cryptocurrency
  • Health & relationships
  • Lifestyle & Romance
  • Travel & holidays
  • Student deals
  • Student banking
  • Budgeting advice
  • Parents Guide
  • Mobile phones
  • Accomodation
  • TOP 10 ZONE
  • Student News
  • Student Money Cheat Sheet
  • Useful resources
  • Federal Universities
  • State Universities
  • Private University
  • Polytechnics in Nigeria
  • Colleges of Education in Nigeria
  • Monotechnics In Nigeria
  • Schools of Nursing In Nigeria
  • Student Deals
  • Premium Paid course for FREE
  • Mystery Box
  • Free Premium Themes & Plugins WordPress
  • WordPress Guides
  • ATSlibrary Store
  • ATS- supertools
  • Free SEO Analyzer
  • FREE SEO TOOLS
  • Blog service setup
  • Tools we Recommend
  • Premium WP Themes & Plugins
  • Hosting for WordPress
  • Theme Installation
  • Find your Domain
  • Free WordPress Blog Setup
  • About Authors
  • Career @ ATS
  • Our Service
  • Course Database

Logo

  • Submit Post
  • Write For Us
  • How to start an interior design business in Nigeria

Adetunji Matthew

10 Best places to study in Europe

How to apply for chinese government scholarships from nigeria, how to solve the forex deficit nigeria.

Adetunji Matthew

Interior design is the process of enhancing the interior spaces of a building to achieve a more beautiful and appealing environment for the inhabitants. In this post, you will learn how to start an interior design business in Nigeria.

What's in this guide?

How to start a successful interior design business in Nigeria

Here is how to start a successful interior design business in Nigeria:

1. Choose a specialty and get some experience

Gone are the days when the same person or business can design homes, churches, restaurants, museums, and even workplaces.

Today, the interior design business is very specialized, just like every other business. Your chosen specialty will be determined by your talents and gifts. After your interior design business is created, your chosen specialty will determine what services you will offer your clients.

After deciding on the desired specialty, you should get adequate training in it. Meet with other professionals and go with them each time they get an order to design a place. This may take time, depending on how fast you learn things.

2. Create a business plan

A business plan is very crucial to every startup business. It will guide and direct you on what you do. You would have planned for everything possible and then note it down in a book or on your computer.

After figuring everything out and you feel your business now has a solid and successful plan, you should proceed with starting your interior design business in Nigeria. While starting, follow the business plan you outlined earlier and implement it back to back.

That way, you won’t miss anything or forget to make an important decision. Here are a few things your business plan should include when starting an interior design business in Nigeria.

  • Executive summary
  • Company Overview
  • Customer analysis
  • Competitive analysis
  • Market research
  • Marketing Plan
  • Operations plan
  • Startup costs
  • Financial plan and lots more

Also read:   How to write a business plan

3. Raise the startup capital

The next step is to get investment for your new interior design business. Your business plan will include your startup and operation costs, so you definitely know how much money you will need to stand on your feet.

You can use your own personal money to bootstrap your interior decoration business before looking out for other funding sources. You can persuade wealthy individuals to invest in you or meet with venture capitalists.

If you don’t mind, you can visit commercial and microfinance banks and obtain a loan for your new interior design business.

You Might Be Interested In:  How to get startup capital for your new business in Nigeria

4. Brand your interior design business

Branding is a valuable business and marketing concept that helps to distinguish your business from your competitors. That way, your interior design services will have their own recognition in the market.

You can start your branding process by choosing a name for your interior decor company. Your business name should be simple but meaningful, somehow related to the services you offer while being visually appealing and easy to remember.

The next thing is your logo. But it doesn’t end there. While many new business owners think branding is just business naming and logo design, it’s not. There are many other things to branding, some of which are:

  • Marketing format and advertising
  • Customer service style
  • Staff uniforms
  • Business cards

Suggested For You:  How to create a business name from scratch

5. Register your interior design business with the CAC

Your interior design brand is almost up and running. While this is not compulsory, it will help in many ways. Aside from giving you fewer legal troubles in the future, it will make your business and services look more credible to potential clients.

The  Corporate Affairs Commission (CAC)  is the body concerned with the registration of businesses in Nigeria. You can use the website and visit any physical branch that is closest to you. 

Note that you should have decided which business structure you want to operate before you proceed to register your interior design business. A sole proprietorship is the easiest to start while an LLC is more difficult.

In the long run, the latter is safer than the former. An LLC will protect your personal properties even if your business goes bankrupt or closes down due to bad debt.

Don’t Miss:  Types of business structures in Nigeria and the pros and cons of each

6. Set your pricing

How to charge your clients as an interior design business

1. Charging a flat or fixed fee

Once a client briefs you about the specifics of the job and you are clear about what you will do and what you will not, you will propose a fixed amount of payment.

This will cover all the development, specifications, layout, and installation as well as your own profit.

2. Time-based fee

In this case, you will propose a payment rate based on the number of hours, weeks, or months spent on carrying out the interior design job.

3. Project percentage fee

You will get a markup percentage of the project’s total cost. This will also include all the artwork and furniture purchased to complete the project for the client.

4. Retainer with the balance paid upon completion

An advance payment will be made to your interior design business. When you complete the work to the client’s satisfaction, the remainder will be paid.

5. Cost plus

This will only work if you sell interior decoration items alongside your interior design service. You will purchase items for the project at wholesale price and then charge the client at the retail price.

6. Cost per square foot

This depends on the type of interior design job demanded by the client. In this case, the payment will be calculated based on the total square footage of the space to be designed.

7. Market your interior design business

There are many methods with which you can promote your decoration business and attract potential customers. Here are some of them.

  • Meet with local newspapers and magazines
  • Get a website and learn basic SEO
  • Build an email list and use email marketing to your advantage
  • List your interior design business on local business listing sites
  • Ask your clients to refer you to new customers
  • Start a blog for your interior design business

Also read:   How to market a business in Nigeria

Starting an interior design business in Nigeria might sound like a difficult task. However, it’s not that hard if you follow the steps outlined in this article.

You can get hired to design office spaces, luxury hotels, rich homes, museums, churches, and many other buildings inhabited by humans. As an interior design business, you can specialize in commercial interior design, residential interior design, or both.

LEAVE A REPLY Cancel reply

Save my name, email, and website in this browser for the next time I comment.

spot_img

Find a domain starting at $0.88

powered by Namecheap

10 Cheapest private universities in Nigeria (2024)

All you need to know about court marriage in nigeria, what's trending, professional business plan writing services, ict mentorship – inner circle trader complete course updated 2022, zm capitals full course updated 2022, free ebooks.

  • AidTheStudent
  • Business ideas
  • Download Paid Courses For Free
  • Earn money & rewards
  • EXTRA GUIDES
  • Free Premium WordPress Themes & Plugins
  • Health & relationships
  • Lifestyle & Romance
  • Start A Blog
  • Subject combination
  • Travel & holidays
  • Universities in Nigeria

Akin Alabi – How To Sell To Nigerians

interior design business plan in nigeria

More Articles Like This

How to start shawarma business in nigeria, 5 ways to earn in dollars in nigeria (2024), 10 apps that pay you to walk (2024), how to make money listening to music (2024), 10 websites that pay you to browse the net (2024), 10 most economically friendly cities in nigeria, 5 things single people can do on valentine’s day, three ways to move on from your ex in 2024, recent posts, student picks.

  • Blog Setup Services
  • Domain Checker
  • Parents’ guide to university

Stay in touch

To be updated with all the latest news, offers and special announcements.

  • Useful tools and resources for students
  • DMCA Removal
  • Privacy & Policy

Disclaimer: All content on this website is based on individual experience and journalistic research. It does not constitute financial advice. Aid the Student and its authors are not liable for how tips are used, nor for content and services on external websites. Common sense should never be neglected! We sometimes use affiliated links which may result in a payment following a visitor taking action (such as a purchase or registration) on an external website. This helps keep Aid the Student free. The user experience shouldn’t be any different, and our editorial decision making is not affected by such links.

Privacy Policy - Sitemap - © 2022 Aid the Student. All Rights Reserved.

#1 Source For Digital Download Online Courses | Elearning Resources. Visit: www.atslibrary.com

Pin It on Pinterest

  • https://www.facebook.com/aidthestudent
  • https://www.twitter.com/aidthestudent
  • construction

Starting an Interior design and Decoration business in Nigeria

Beta Prices

How to win Clients as an Interior Designer, Decor

  • Tendering for Design Jobs
  • Advertising / Publicizing
  • Marketing or Promoting on social media
  • Launching your blog or shop
  • Partnering with your materials Suppliers and manufacturers

Offering discounts or making prices affordable

Improve your business portfolio.

  • Moving with fashion trends in the industry

Tender for new design Jobs

Advertise your business, market or promote on social media, launch your online shop or blog, partner with your materials suppliers and manufacturers, how to keep your clients away from your competitors.

  • Rendering quality service first
  • Engaging in Trust building
  • Reaching out to customers from time to time
  • Giving them enticing price offers
  • Asking for feedback for improvement purposes
  • Taking timely problem resolution seriously
  • Advising them on the best use of material and emerging technologies
  • Always be available when called
  • Update your Staff knowledge base to the most recent in the industry so as to continue to be seen relevant

How much does an interior designer, decor make in Nigeria?

Need for interior designers, 1. space management, 2. improve user experience, 3. increases the value of properties, 4. improves space functionality, 5. saves time and costs, 6. easy maintainability, 6. shows users lifestyle and social class, 7. enhances in-house safety, 7. beautiful and heart-warming looks, famous interior designers in nigeria.

  • Andrezini interior  design owned by Adeniji O. Andrew
  • Sayaveth Interiors owned by Ehi Ogbebor
  • iDesign owned by Tola Akerele
  • Out of Africa Lifestyle
  • Blue Mahogany Ltd

Living room Interior Decoration Pictures

Top living room Interior design and decoration

Related Posts:

Price of roofing sheets in Nigeria

See more Related Posts

Price of charcoal per ton

Cancel Reply

Your email address will not be published. Required fields are marked *

Save my name, email, and website in this browser for the next time I comment.

Latest Posts

  • Current Price of Beans per bag, kg, ton in Nigeria 2024
  • TOP 20 Universities in Nigeria with Low School Fees 2024
  • Cost of Wood, Planks, HDF, MDF Plywood in Nigeria 2024
  • Cost of Undergraduate Degree Program in UNN 2024
  • Price of Electrical House wiring, Fittings & Accessories in Nigeria
  • Top 10 Mattresses in Nigeria 2024
  • Cost of Undergraduate Degree Programs in Unilag 2024
  • Current price of Latest Phones in Nigeria 2024
  • Price of 12.5kg gas Cylinder and Others in Nigeria (2024)
  • Price List: Cost of Fish Feed Per bag, kg in Nigeria 2024

Copyright 2024 © Online Market by BetaPrices , All Rights Reserved.

Post Free Advert

Samphina Academy

| Nigerian Educational Consult - samphina.com.ng

  • Business Plan

Interior Decoration Business Plan in Nigeria

Interior Decoration Business Plan in Nigeria PDF Download

Our Interior Decoration Business Plan in Nigeria is well documented and can also be used for, but not limited to:

  • Grant Applications,
  • Bank Loans,
  • Proposal writing,
  • Business Concept Note,
  • Competitions e.t.c

Purpose of the Interior Decoration Business Plan in Nigeria

The Interior Decoration Business Plan in Nigeria will be of great use:

  • To formulate a strategy for starting and growing the business or existing business by identifying where the business is going and how to get there.
  • To test the viability of the business idea and maximize its opportunities.
  • To Obtain funding and achieve business goals and success. e.t.c

Benefits of the Interior Decoration Business Plan in Nigeria

The Interior Decoration Business Plan in Nigeria in beneficial because

  • It helps in outlining the steps needed to achieve the business goals and ideas.
  • It helps to articulate strategy to stakeholders who support the business.

Importance of the Interior Decoration Business Plan in Nigeria

The Interior Decoration Business Plan in Nigeria is important because

  • It will assist you in making sound decision in the administration of the commercial enterprise which will make a contribution to the success of the business.
  • It will additionally gives distinctive statistics on all components of the business, outlining the business desires and the steps required to achieve them.

Content of the Interior Decoration Business Plan in Nigeria

  • Executive Summary
  • Introduction
  • Business Description
  • Keys to Success
  • Products and Services
  • Market Analysis
  • Our Target Market
  • Pricing Strategy
  • Competitor Analysis
  • Sales and Marketing Plan
  • SWOT Analysis
  • PEST Analysis
  • Operational Plan
  • Management plan
  • Financial Plan and Projections
  • Financial Diagnostics

How to Get The Complete Interior Decoration Business Plan in Nigeria

List of Business Plans in Nigeria (Samphina Academy)

𝐒𝐨 𝐅𝐚𝐫, 𝐎𝐮𝐫 𝐁𝐮𝐬𝐢𝐧𝐞𝐬𝐬 𝐏𝐥𝐚𝐧𝐬 𝐚𝐫𝐞 𝐭𝐡𝐞 𝐁𝐞𝐬𝐭 𝐎𝐧𝐥𝐢𝐧𝐞

10,000 - 10000

The Business Plan With the Financial Plan Will Be Sent to Your Email Address After Payment ( Quick & Simple)

CLICK HERE TO MAKE PURCHASE

  Contact Our Help Desk

samphina.academy

Samphina Academy

Samphina Academy is an Online Educational Resource Center that is aimed at providing students with quality information and materials to aid them in succeeding in their academic pursuit.

  • Next story  Medical Laboratory Business Plan in Nigeria
  • Previous story  Integrated Agribusiness Plan in Nigeria

Catfish (Fish Farming) Production and Processing Business Plan PDF

Bakery / Bread Business Plan PDF

Fashion Design Business Plan PDF

Catering Business Plan PDF

Poultry Business Plan PDF

Healthy Restaurant Business Plan PDF

Bottled and Sachet Water Business Plan PDF

Snail Farming Business Plan PDF

interior design business plan in nigeria

  • New visitor?
  • Advertise with Us
  • Write for us

Ask a Question | Questions | Login or Register

How to Start Interior Decoration Business in Nigeria

  • by EMMA ONWUKA
  • July 31, 2023

In this article, I’ll show you how to start interior decoration business in Nigeria. The interior decoration business in Nigeria is a thriving business with a lot of room for growth. The high demand for interior decorators makes interior decoration business a very lucrative business .

How to Start Interior Decoration Business in Nigeria

What is Interior decoration?

Interior decoration has to do with beautification of inside of buildings (houses and offices) and creating of functional spaces. Interior decoration should not to be confused with interior designing, which is the coordinating, making functional design, and effectively utilize space to create functional and aesthetically pleasing spaces.

Decorating an interior of a building enhances the beauty of the interior and create functional spaces. Interior decoration is the profession while interior decorator is the professional. Interior Decorator either plans the decoration of the inside of a building or do the decoration himself or herself.

Today, I’ll show you how to start interior decoration business in Nigeria. As I earlier said, the demand for interior decorators in Nigeria is high, making interior decoration business a very lucrative one. Lots of elites are willing to pay fortune just to make their homes look stunning. Even the middle-class income earners are also willing to spend on interior decoration.

Before I continue, it might interest you to know that we render expert business plan services including Interior decoration business plan. Feel free to contact us if you need a business plan on Interior decoration business. Our award winning business plan expert writers will definitely deliver to you the best Interior decoration business plan.

If you’re ready to start interior decoration business in Nigeria, you have to be ready to work hard and be determine to succeed. As you know, there is no business without its own challenges and interior decoration business is not an exception.

Read: How to Start Okrika Business in Nigeria (7 steps)

Table of Contents

What do you need to Start Interior decoration business?

Some of the major things you need to start interior decoration business include:

  • An Office – this is where your clients can easily locate you. So, it need to be visible and strategically located.
  • A Website – this is for your interior decoration business global presences and visibility. Your prospective clients can also find your business through your website.
  • Social media page – this will also increase your online presence and serve as a means for marketing of your interior decoration business.
  • Register your business – people trusts registered business than unregistered business. And it makes you professional in the business.
  • Workers or laborers – you can’t do the work of interior decoration alone, you’ll need the services of those that will assist you.
  • A Truck – this for the transportation of your workers and the interior decoration materials and equipment. Though, you can start by hiring truck and later buy when you make money in the business.

Now that I have equipped you with what you need to start an interior decoration business in Nigeria, let’s see how to start the business…

Interior Decoration Business in Nigeria

Steps to Start Interior Decoration Business in Nigeria

Here are steps you can follow to start interior decoration business in Nigeria:

Acquire interior decoration skills

The first step in starting an interior decoration business is to acquire interior decoration skills.  As the Interior decoration business is a skilled-type of business.

You can’t just jump into interior decoration business without adequate skills and knowledge of the business. If you do that, you will leave a trail of unsatisfied customers and ruin your business reputation. So, you need to first acquire all necessary skills and knowledge of what the business entails.

While you can study interior decoration as a course in the university, that would not equip you with the basic skills of interior decoration business. The best way to acquire interior decoration skills is attached yourself to a professional interior decorator in the form of an apprenticeship.

Go for different excellent interior decorators and show your interest in learning from them. One will definitely accept you. He/she may charge a training fee but you have to put up strong negotiation and beat down the training fee. Interior decorating is a lucrative business, paying to learn the secret of the business worth it.

If you feel like an apprenticeship might be too expensive or you don’t want to spend 4 years in school just to learn interior decorating, you can try learning it on your own. This method is not as good an apprenticeship, but you can still learn a lot on your own. You can opt in for online courses that teaches interior decoration which you will have to pay for. You can also read books, articles, and watch video tutorials on interior decoration.

Conduct market research

The next thing to do is to conduct a market research for interior decoration business. Once you feel like you’ve acquired enough skills and knowledge to make it as a professional interior decorator, you still don’t dive into the business like that. You have to conduct a good market research for the business.

You need to gather the following information during your market research:

  • Your location and the people around – If you live in a poor neighborhood where people are struggling to eat, you don’t need to locate your business there.
  • Target audience – You need to identify your target audience. Which demographic do you think will most likely patronize your business? Then you need to thoroughly understand their needs and purchasing behavior so you can effectively market your business to them.
  • Competition – you need to analyze the competition in the area where you want to locate the business. How many interior decorators are around and how strong is their brand? For example, your area might have a high demand for interior decoration, but if the market is saturated, you don’t need to locate your business there.

All these information are what you need to gather during your market research.

Develop a business plan

Once you’re done with your market research, the next thing you should do is to develop a business plan for your interior decoration business.

The importance of a good business plan can never be understated. You need to craft a detailed plan outlining your business objectives, target market, pricing strategy, marketing approach, and financial projections.

Make sure you narrow down your plan to a niche. As you can be a jack-of-all-trades. Focus on a particular area that you can be an expert in. You can choose to go into residential, commercial, hospitality, or sustainable decoration.

Any niche you choose should be well detailed in your business plan. I have this post on how to write business plan that attract investor . It will help you in crafting your own business plan.

Get the required capital

You can start the interior decoration business with zero capital after acquiring the needed skills. But if you want to take your business to the next level, you can choose to pay for advertisement, rent an office space and hire some workers. All these will cost some money and can be as high as one million naira ( N1, 000,000 ).

However, if you do not have much capital at hand, you can choose to start with the little you have and then acquire the rest of things you need as you grow.

You can also choose to source for fund to start the business. Any there are many ways you can go about. For example, with your business plan or proposal; you can go for a loan or angel investor.

If you need more information on how to get capital for your interior decoration business, you can read our article on How to Raise Capital for Business in Nigeria .

Register your business

Not every interior decorator registers their business. But you have to if you want to make it big in the interior decoration industry.

Having a registered business and good branding will attract big real estate companies to your business. It will boost the reputation and trustworthiness of your business. And it will show that you’re really serious with business.

When registering your business make sure you choose a business name that is catchy and easy to remember. With also, a logo that stands out. Register your business with the Corporate Affairs Commission (CAC) and obtain the necessary licenses and permits to operate legally.

You can get started with your business name registration by reading this our post on How to register your business name with CAC in Nigeria .

Build your portfolio and establish your brand

Compile a collection of your best ideas, some decorating work that you have done, and pictures. This will give your clients confidence in your skills and increase your market value. When you are just starting, you may not have a lot of experiences to add to your portfolio, so it best you try decorating your own house, the houses of your family and friends, or doing some free work for others. The better your portfolio the higher your chances of being offered well-paying opportunities.

Social media and the internet can do a lot of wonders for your business, so leverage on it. Create a website or a social media page where you share information about your portfolio, services and content information. Post your best decoration work and the best of your ideas on them. This will help you attract quite a lot of customers to your business. With the internet, you can reach a wider audience and promote your business.

In terms of Branding, develop a unique brand identity, including a brand name, a logo, a colour palette, and a visual style that aligns with your brand story. Your brand identity will attract customers so make it catchy and unique. The brand name should be short and easy to remember and your logo and color palette should stand out.

Promote your interior decoration business

A cheap way to promote your business is to  build a strong online presence of your business . If you have a lot of followers, then you would reach a wide audience without spending a dime.

Alternatively, you can pay for online advertisements. You can reach out to popular social media influencers or bloggers in a similar niche to endorse your brand for you.

You can also reach out to advertising companies to help you with the promotion. You can use billboards, and fliers to raise awareness of your business.

Consider attending industry events, joining local business networks, and collaborating with complementary professionals, such as architects and contractors, to expand your reach.

Encourage satisfied customers to spread awareness about your business and refer others to you. Your family and friends also assist you by telling others about your business.

Get Clients

If you know people who are into real estate, you can reach out to them if they would like to form a partnership. These people can easily refer their clients who needs an interior decorator to you. This way, you will have access to a vast client pool.

When given a contract, it is important you communicate regularly with your clients to understand their needs, preferences, and budget constraints. Create a comfortable environment between you and your clients so that they can be honest with you. Show them that you listen and that you care about them by making use of their advice and making changes as they desire.

Set your prices well

There are a lot of things to consider when deciding how to set your prices. These include your niche, your location, your skills and your expertise. If you’re not sure how to set your prices, just set similar prices as other interior decorators around you.

When you’re just starting, try not to set your prices too high as you may discourage interested clients. Once you have built your reputation to an extent, then you can begin to charge higher.

Ensure that you budget effectively to maintain stability and increase profits. Make a list of all the materials that you may need before giving your customer a price. Discuss with them when choosing the materials and ensure that everything you use to decorate their homes is to their taste. Your budget should always be more than the price that you charge and try as much as you can to only include materials that you need.

Keep Record of every transaction you made

Keep a record of every transaction that you make with your customers to ensure transparency. Track your expenses so that you will not overshoot your budget. If mistakenly done, you will lose the trust of your clients.

Stay organized by keeping track of everything that you do to ensure that you are aware of every client that you have and the profit you are making.

In conclusion, starting an interior decoration business is a profitable venture in Nigeria. As there are a lot of people that are willing to pay a significant amount of money to beautify their homes.

It requires careful planning and effective utilization of resources and opportunities. By following the steps outlined above, you can start a profitable interior decoration business in Nigeria that caters to clients’ needs and earn you huge profit all the time.

Is Interior Decoration Business Profitable in Nigeria?

Yes. It is a highly profitable business in Nigeria. One big contract can earn you big profit as much as N 300, 000 – N500, 000 . And one good thing about the business is that you can start it with little or no capital and still make money in the business. Those who into this business are making money big time

Wishing you luck as you start your dream interior decoration business in Nigeria. If you have any question relating to interior decoration business, feel free to use the comment box below to ask your question.

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Comment * -->

Notice: It seems you have Javascript disabled in your Browser. In order to submit a comment to this post, please write this code along with your comment: fa94e79473cae3ab1eb7356ff3116bea

Interiorng

5 Tips for Starting Your Successful Interior Design Business in Nigeria

Isy

5 Tips for Starting Your Successful Interior Design Business in Nigeria- Have you been trying to start an interior Design Business in Nigeria but can’t find your way around it? You probably have a lot of questions and you are wondering if the ability to rearrange and put your personal space in order is classified as interior design.

You are wondering if doing that perfectly will make you a great interior designer when you start up the craft. I don’t think that should be a problem because we learn every day and every talent we have in us surfaces gradually with one step at a time.

You discover you love interior Design and you have such a huge passion for it, you decide to delve into the career but you don’t have any ideas on how to get started. I have been here, which is why I won’t want you going through the same stressful and rigorous process that I followed.

SEE ALSO: 6 Things You can do to Make Your Living Room Design Better

In this short blog post I will carefully explain and list out various steps you’ll follow to achieve your dreams of becoming an interior designer. Interior Design is such a lovely and creative profession that you’ll eventually fall in love with. Interior Design gives you room to be extremely creative and productive.

So below I will be explaining just 5 tips for starting your successful Interior Design Business in Nigeria. And trust me you’ll thank me later after going through this article. The tips are below

5 Tips for Starting Your Successful Interior Design Business in Nigeria- all you need to know

Get proper training and experience:.

It’s ok for you to have the passion and natural talent of putting a space in order. You just walk into a space and you are able to fix it and make it look absolutely amazing. That’s very fine but attending an interior design school should be top of your list.

Yes, there are so many good and credible interior design schools in Nigeria. If you are conversant with my blog. You’ll see that I have a few posts where I have listed out a number of good schools both online and physical where you can acquire a good knowledge on interior design and decoration. Checkout 10 Best Interior Design Schools in Abuja

These interior design courses do not take a lot of time, some are even as low as three months and you have acquired a degree. When you have gotten that degree do not stop there, also get the experience, you could try volunteering at various events relating to the interior design niche. It allows you to gain so much exposure about the craft.

You can also go as far as applying to become an intern with any interior design firm. This particularly will build you as you are bound to learn so many skills and you are able to practice all that you have learnt. Also try to speak to a few friends about helping them to design their homes for free just to get their feedback and constructive criticism. This will sharpen you as you go and will help build your confidence.

Also, read a lot of books on interior design, take courses both free and paid subsequently. This will help update your knowledge as the industry keeps evolving so you are not left behind.

Always Monitor the Trends:

You need to understand what interior design business truly means. Yes, you have the knowledge and you are already a good interior designer. But you have to understand the business side of it by finding out what best works for you and your target market.

All you have to do is find out what they love and how to pitch it to them. Study and understand your business very well. Always do research and gather as many resources and information as possible.

A good and professional interior designer who knows his/ her way around the business and how to perfectly prepare quotations related to his niche will always work well with their clients and even go as far as getting referrals from existing clients and friends. Always do your research and monitor the trends. Update your mind and knowledge subsequently.

SEE ALSO: Lighting in Interior Design: Light as an Element in Interior Design and how they Transform your Space

Build Your Portfolio:

Yes, you have the knowledge and you know the trends, but the skill of putting yourself out to the world should be a big deal. A portfolio is one of the many things you’ll need while introducing your brand to the general public. Portfolio helps put your business out there and in most cases it helps to build the trust your clients have in your business.

A portfolio is basically a picture book with few write ups and does not require much to make. A portfolio basically shows your audience the previous jobs you have done and how far you have gone in the industry.

Don’t forget that as you are creating your portfolio, originality should be your watchword and free of plagiarism. Do not copy other people’s jobs, just do your own and watch yourself grow. Instead of copying people’s jobs, just learn from them and try to recreate their work and at the same time update it.

Let your portfolio carry so many pictures of your past jobs. Whether the jobs were free, volunteered or paid jobs, so far you did it the jobs put them in your portfolio.

This will give your clients the opportunity to trust in your interior design abilities. So all you have to do is to create good designs, take good pictures and create a mind blowing portfolio.

Clients are top Priority:

Like the saying goes, ‘No customers, No Business’ placing your clients’ needs first should be your top priority. Interior design business is actually very lucrative and interesting but it requires a lot of communication and people skills.

You have to learn to carefully understand the clients need on more than just business level this will help you give them a space that is personal to them. And also a space that reflects who they are. You have to be professionally effective and at the same time friendly so as to create the best designs for your clients.

Marketing is a very important aspect of every business, be it physical or an online store marketing is top notch. And it does not matter the business you are into, marketing is the core of every business and Interior Design is no different.

Marketing determines how far you thrive in your business. Marketing helps you grow and become popular in your niche. The interior design industry can be quite competitive but the moment you learn how to market your brand half of your problem is solved.

Learn how to market your brand both offline and digitally. Make use of your social media handles and even go as far as paying professionals to run paid adverts for you. As a starter all you have to do is practice various marketing strategies. If you do not know how to go about it, hire a competent digital marketer or advertiser.

But at the same time you are so the basics by yourself but just letting the people around you know about your brand. Always put yourself out there and speak to people about your brand.

SEE ALSO: 20 Amazing Tips on How to Decorate your Home: Introducing Gilts and Glamour

Conclusion:

There’s no business that is easy to start, and every business comes with its ups and down. But what matters is your ability to be patient and start up with the mindset that you can grow a very big brand.

Don’t forget consistency, this here is the key. You have to be diligent and always put your brand out there. Constantly and continuously do your best. The journey won’t be smooth at first, but with just the right efforts you’ll prevail. Go ahead today and build your brand by implementing these few steps. I wish you the best!

SEE ALSO: list of Interior Design Schools for Single Mothers in Abuja: Best interior Design Schools in Abuja.

Share this:

You might also like, how do you write a caption for interior design: captions that tell a story, how to decorate for christmas: spice up your home this season, decorating 101: interior design basics, minimalism doesn’t have to mean boring: 10 tips for mixing in color as a minimalist, 11 ways to make your house look expensive.

6 Things You can do to Make Your Living Room Design Better

You are an amazing writer

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Save my name, email, and website in this browser for the next time I comment.

interior design business plan in nigeria

Sign in to your account

Username or Email Address

Remember Me

interior design business plan in nigeria

  • Houzz Pro Learn
  • Business Management

How to Write a Business Plan for Interior Design

Writing a business plan is the first step in starting your own interior design firm. Find everything you need to start writing from the experts at Houzz Pro.

interior design business plan in nigeria

As an interior designer, you know that every successful project needs a great plan. The same goes for your interior design business. Even if you’re just starting out with your design business, or if you’re revamping your current business model, knowing how to write an interior design business plan will guide you on your path to success and help move your business forward.

If you’ve never written a business plan before or need help fine tuning your current plan, it can be a bit overwhelming to know where to begin and what to include. Our guide will give you a comprehensive overview of how to write a business plan for interior design, including what an interior design business plan entails, why you need a great plan, which sections and information to incorporate, and last but not least, step-by-step details on how to write your business plan. Read on or click a link below to take the next step—and your business to the next level:

  • What is a business plan?
  • Why are business plans important?
  • Components of a business plan
  • How to write a business plan step-by-step

interior design business plan in nigeria

What is an interior design business plan?

An interior design business plan is a written document detailing what your business is all about, what you’d like to achieve and how. It’s an outline and guide of what your business offers, your operations and financial plan, your business goals and what you plan to do to accomplish them. No two interior design businesses or plans are alike—and that’s a great thing! Your interior design business plan will be entirely unique to you, your particular business market, specialities and what you desire to achieve. 

interior design business plan in nigeria

Why are interior design business plans important?

Writing an interior design business plan is fundamental to creating a successful interior design business, or for revising the strategy and direction of your current business. It’s said that a dream without a goal is just a wish—and the same goes for your interior design business plan. “Generally speaking, creatives—specifically, interior designers—are very good at designing but don’t know how to run a business,” says designer Ann Ueno. “So their businesses fail within the first to three years, or they’re not profitable.” A good business plan will help distinguish the strengths of your business and identify the potential pitfalls of certain decisions. Your plan will also help you know how you stand apart from your competitors and your strategy to compete in the market. 

Not having a business plan can be a recipe for failure in your interior design business. External audiences—such as a potential business partner, or bank if you’ll be securing a loan—will want to review your business plan, so it’s important that you have one firmly in place. “I definitely believe the old Henry Ford adage of ‘Failing to plan is planning to fail,’” says Deana Duffek of Duffek Design & Development. Without a plan, you can easily lose focus, time and money by investing in the wrong areas without thinking them through, or miss out on opportunities when they arise. Your interior design business plan helps you stay on track with your vision, goals and how you will achieve them, so you’ll always know where you’re headed.

interior design business plan in nigeria

Components of an interior design business plan

Now that you know what an interior design business plan is and why it’s important, the next step in how to write an interior design business plan is knowing exactly what you need to include in your plan. This section will explain the essential components of your business plan and the necessary information that should be included in each one. While you may have additional areas you might need to incorporate that pertain to your particular business, the below are a great place to start and are fundamental for any business plan.

Executive summary

Your executive summary will give an overview of what your interior design business is about and how it will be successful. Here, you can include your mission statement, which describes the purpose and overarching goal of your business: what’s driving you to do what you do in serving your clients? When writing your interior design business plan, your executive summary will also include a brief description of your services. Do you offer commercial or residential design? Restoration or consultancy services? Be specific, but not overly detailed just yet. Lastly, you’ll also include basic information about your company’s ownership, the number of employees and types of roles you employ, your location, and high-level financial information.

Company overview

The company overview is where you’ll start to provide more detailed information about your interior design business. What are the interior design needs your business will address? What types of clients will you serve? What are the strengths of your business that help give you a competitive advantage in your particular market? Your company overview is where you can share all about “who” you are and what makes your company great.

When you know the strengths and focus of your interior design business, it’s easier to know what types of services you’ll be offering. The services section is where you really get down to brass tacks describing exactly what you’ll be selling and providing to your clients.

Market analysis

Your interior design business plan needs to outline where it stands in the market, which will require some research and analysis. This section will include the latest information and trends about your industry, your target market, and who your competition is in your area, so you know how to make your business stand out.

Customer analysis

Your customer is unique to your business, the services you offer, and where your business is located. When writing your interior design business plan, get creative with this section when imaging your ideal customer. Who are they and what are their needs and pain points? How much do they earn and what are they likely to spend? Knowing your customer is essential to the success of your business, so be as detailed as possible with your customer analysis.

Marketing plan

When you know who your interior design customer is, you’re able to target them more precisely in the market. Take the knowledge you gained from your customer analysis and use it for your marketing plan. You’ll also want to share about the strengths and services you want to highlight in your marketing when writing your interior design business plan.

Operations plan

The operations plan section of your business plan will describe the physical operation needs of your interior design business and how you will keep your business successfully in motion. What is your physical location? What kind of equipment does your business use? What production systems, workflows and quality checks will you have in place? How many employees do you need to grow? Here you’ll also include information about your inventory needs for design materials and samples, as well as details about your suppliers.

Management plan

Your management plan talks about the people behind your business. Who runs the company? Who is on your management team and staff? You’ll also want to include the strengths of key players in your management team and company. If you’re a sole proprietor, then you can simply describe who you are, your background and the roles you’ll be playing in your business.

Financial plan

Your financial plan will be an important component when writing a business plan for interior design. Here’s where you’ll want to add as much detail as possible about your current financial picture, including financial statements and balance sheets, as well as future forecast projections.

Lastly, the appendix of your business plan for interior design will include documents to support the details you provided in your plan. This can include resumes, licenses, credit history, legal documents and more to help support the validity of your plan and back up your credibility.

interior design business plan in nigeria

How to write a business plan for interior design step-by-step

1. Pick a specialty

Narrow down your niche to stand out in the market

There’s a reason why people say “there are riches in niches.” Focusing on a specific niche for your interior design business will help you zero in on your customer and stand out amongst a smaller field of competitors. Here are just a few specialities to consider for your business:

  • Residential interior design
  • Corporate or commercial interior design
  • Hospitality interior design
  • Restaurant design
  • Sustainable design
  • Lighting design
  • Kitchen design
  • Exhibit design
  • Space planning consultant services
  • Interior design consultancy
  • Color specialist
  • Feng shui interior design 
  • And many more

interior design business plan in nigeria

2. Define services provided

Know exactly what you’re offering your clients

After you’ve selected your niche, you can now define the interior design services you’d like to provide your clients. Will you be providing designs only or full-service design, supply and installation? Will you focus on designing for certain rooms, such as the kitchen or bath? Will you offer remote and in-person consultations? Other considerations to make when selecting your services include: your particular strengths as a designer, what your clients in the market are desiring, what you’re capable of providing and what will contribute to your bottom line.

interior design business plan in nigeria

3. Determine pricing model

Choose an attractive pricing model for maximum profitability 

Before determining your pricing model, you need to review your local market, current prices and what your competition is charging. From there you can choose from the following options for your pricing model:

  • Hourly rate
  • Flat fee per project
  • By square footage
  • Cost plus (where the client pays the net value of furnishings and materials plus your markup) 
  • Retail (where the client pays the retail cost for items; your fee is the difference between the net and retail price)

interior design business plan in nigeria

4. Brainstorm marketing strategy

Questions to help define your strategy and target your customer

When forming your marketing strategy for your interior design business plan, go back to your market and customer analysis and ask yourself: who is my customer, what do they want and how can I stand out in the market? Here are a few more key items and questions to consider: 

  • How will you reach your customer? Which social media platforms are they using? Which websites do they visit? Is your customer more likely to respond to an email or should you market yourself at tradeshows? 
  • What is your marketing message? What does your customer need and what’s going to make them choose you?
  • Lastly, you need to include how you’ll be managing your marketing campaigns. Will you be hiring an outside agency for your marketing? Will you be advertising yourself? What budget will you be allocating for marketing? 

Interior designers surveyed by Houzz in 2022 reported that marketing and advertising comprised the second highest expense in starting their own business (second only to technology — more on this below). Knowing this will help you create and financially plan for a solid marketing strategy when writing your interior design business plan.  

interior design business plan in nigeria

5. Brainstorm operations strategy

Know who and how you’ll manage your business

Here are key operations items you’ll need to consider for your interior design business plan: 

  • Facilities: Your business will need the right space to facilitate your operation and grow, so make sure to assess the physical needs your business requires now and in the long run. This can include everything from the size and layout of your workspace to the kinds of storage you might need for organizing your interior design materials . 
  • Production system: Successful businesses have great systems in place. You’ll want to consider your standard operating procedures, as well as workflows for various aspects of your business (from onboarding a client to completing and invoicing for a project ). 
  • Quality management: Managing the quality of your services is key to your business and reputation, so you need to put checks in place to make sure you’re continually reviewing your performance. 
  • Technology and resources: Assess the technology requirements of your business today and in the future. According to a survey conducted by Houzz in 2022, interior designers reported that technology costs were the No. 1 most expensive part of starting their own business. Today’s leading designers use technology to stand out from the competition, bring designs to life and keep their businesses organized. Every designer should prioritize technology that will help provide the best client experience, and thinking through those tech needs early on can help you budget for those expenses. You’ll also want to take into account your human resources and staff you’ll need, suppliers you’ll be working with, and the physical materials required including everything from design samples to office supplies.

interior design business plan in nigeria

6. Set financial goals

Create a plan to achieve your financial objectives

The main financial goal of any business is profitability. In order to be profitable your revenue must exceed your total expenses, so it’s important to keep this as a top financial goal to keep your business sustainable. After profitability, you’ll want to track your profit margins and compare them to your industry average. This will help you see where you may need to trim your expenses in order to maximize profit. 

In the day-to-day operation of your business, healthy cash flow is another objective to maintain. This will help you know how much liquid cash you have to cover your basic operating expenses, or if you’ll need a loan or line of credit to float your business. The majority (63%) of interior designers surveyed by Houzz in 2022 used their own personal savings to get started, but your situation might be different. Learn more about the different ways to fund your interior design business .

When writing your interior design business plan, you’ll also want to consider bigger long-term financial goals you might have, such as expanding your workspace, hiring new employees and what steps you’ll need to take to accommodate this growth in your business.

interior design business plan in nigeria

Now you know how to write a business plan for interior design from start to finish, which will help keep your business on the path to success—now and in the long run. If you’d like to keep reading, check out How to Price Interior Design Services .  

If you're ready to launch your business, you'll need a powerful yet flexible interior design software . Start your business off on the right track with a free trial of Houzz Pro .

First month is on the Houzz

You’re just a couple clicks away from activating your time-saving, client-winning, project-tracking business hub. 

Houzz Pro is the all-in-one tool for marketing, project and client management built specifically for remodeling, build, and design professionals.

Join the conversation by commenting or asking a question below. The Houzz team reads every single comment, and we’ll get back to you by email if you need us!

interior design business plan in nigeria

Want advice delivered to your inbox?

Unlock industry insights and updates for contractors and design pros

By signing up, I agree to the Houzz Terms of Use and Privacy Policy and that Houzz may use my information to contact me about relevant content, products, and services.

More From Houzz Pro Learn

BUSINESS MANAGEMENT

Navigating Client Discounts in the Interior Design Industry

What are plan views, elevation views, and section views in interior design, the most pressing questions on interior designers’ minds right now.

interior design business plan in nigeria

Free Template: How to Make an Interior Design Budget

interior design business plan in nigeria

Free Template: Interior Design Spec Sheet & Guide

interior design business plan in nigeria

Consultations: To Charge or Not?

interior design business plan in nigeria

Deep Dive: Houzz Pro 3D Floor Planner

interior design business plan in nigeria

How Builders Decide Whether to Use Customer Incentives

interior design business plan in nigeria

Fantastic Advice for Women in Design and Construction

interior design business plan in nigeria

Matt DiBara Builds Success Brick by Brick

interior design business plan in nigeria

Get the industry-specific content you really want sent directly to your inbox—just sign up below!

Professions in Nigeria

Becoming an interior designer in nigeria: a step-by-step guide.

Last Updated on August 27, 2023

Introduction

This blog section delves into the step-by-step guide to becoming an interior designer in Nigeria, offering a comprehensive roadmap.

Importance of Interior Design in Nigeria

Interior design plays a pivotal role in enhancing aesthetics, functionality, and comfort in Nigeria’s spaces.

Overview of the Step-by-Step Guide

  • Research and Self-Assessment: Understand the role and evaluate personal interests and skills.
  • Grasping Responsibilities: Interior designers shape functional and appealing spaces, collaborating with clients.
  • Skill Enhancement: Develop creativity, color sense, attention to detail, and communication prowess.
  • Education Exploration: Research reputable institutions and programs, considering faculty expertise and curriculum comprehensiveness.
  • Insights Gathering: Utilize online resources, seminars, and professional networking for industry insights.
  • Education Path: Comprehend required certifications and educational paths for an interior design career.
  • Specialization Selection: Explore areas like residential, commercial, hospitality, and sustainable design aligning with goals.
  • Foundation Establishment: Thorough research and self-assessment set a strong base for a successful interior design career in Nigeria.

Research and Self-Assessment

A. understanding the role of an interior designer.

  • An interior designer is responsible for creating functional and aesthetically pleasing spaces.
  • They must have a keen eye for design, color, and spatial arrangements.
  • Interior designers work closely with clients to understand their needs and preferences.
  • They develop design concepts, create floor plans, select materials, and oversee the project’s execution.

B. Identifying personal interests and skills

  • Take the time to evaluate your personal interests and passions.
  • Identify your strengths and skills that align with the field of interior design.
  • Consider if you enjoy working with colors, fabrics, furniture, and spatial layouts.
  • Being detail-oriented, creative, and having good communication skills are beneficial for interior designers.

C. Researching interior design education and career in Nigeria

  • Research the available interior design programs and institutions in Nigeria.
  • Consider factors like curriculum, faculty, reputation, and alumni success.
  • Explore online resources, attend seminars, and talk to professionals in the field.
  • Understand the educational requirements and certifications necessary for a career in interior design.

D. Exploring different specialization options within interior design

  • Interior design offers various specialization options to cater to different client needs.
  • Some popular specializations include residential design, commercial design, hospitality design, and sustainable design.
  • Research these specializations to determine which aligns best with your interests and career goals.
  • Understanding different specializations will help you focus your education and career path.

To embark on an interior design career in Nigeria, conduct research and self-assessment. Understand the role, responsibilities, and skills required.

Interior designers create functional and appealing spaces, collaborating closely with clients and overseeing projects.

Assess personal interests, including design passion, color sense, and communication skills.

Research interior design education and career options, considering reputable institutions, faculty expertise, and alumni success.

Engage with industry professionals, attend seminars, and explore specializations like residential, commercial, and sustainable design.

By thorough research and self-assessment, lay a strong foundation for a successful interior design career in Nigeria.

Read: The Impact of Digital Media on PR in Nigeria

Education and Training

A. overview of interior design courses and programs in nigeria.

  • Many universities and specialized institutions offer interior design programs in Nigeria.
  • These courses provide theoretical and practical knowledge necessary to become a successful interior designer.
  • Students learn about elements of design, color theory, space planning, materials, and construction techniques.
  • Interior design programs also teach students how to use computer-aided design (CAD) software for creating mock-ups and presentations.
  • Courses may include modules on sustainability, ergonomics, lighting, and furniture design.

B. Choosing the right educational institution

  • Research different educational institutions offering interior design programs in Nigeria.
  • Consider factors like accreditation, reputation, faculty expertise, and facilities.
  • Look for institutions that offer internships or collaborations with industry professionals.
  • Visit campuses and attend open houses or career fairs to get a feel for the institution’s environment.
  • Talk to current or former students to gather information about the quality of education and job placement rates.

To become an interior designer in Nigeria, embark on a journey with research and self-assessment.

This step is pivotal to grasp the interior designer’s role, find personal interests and skills.

Understand an interior designer’s responsibilities: they craft functional, visually pleasing spaces, collaborating with clients, generating concepts, selecting materials, and overseeing projects.

Assess your interests and skills. Passion for design, color sense, spatial aptitude matter. Creativity, attention to detail, and strong communication are vital.

Thoroughly research interior design education and career prospects in Nigeria. Find reputable institutions with comprehensive programs, considering faculty expertise, reputation, and alumni success.

Utilize online resources, attend seminars, connect with professionals for insights. Comprehend the needed education and certifications for an interior design career.

Explore specializations: residential, commercial, hospitality, sustainable design. Align with your interests and long-term goals.

Thorough research and self-assessment lay your interior design career’s foundation in Nigeria. This clarity guides your educational and professional path.

C. Importance of acquiring relevant skills and knowledge

  • Interior design requires a combination of creativity and technical skills.
  • The right education and training will equip aspiring interior designers with these essential skills.
  • Acquiring knowledge about design principles, materials, and construction techniques is crucial for success.
  • Understanding how to use CAD software and staying updated with industry trends is also necessary.
  • Employers and clients value designers who have a strong foundation in design theory and practical skills.

D. Opportunities for internships and hands-on experience

  • Look for internships or part-time positions during your studies to gain practical experience.
  • Internships provide valuable insights into the real-world application of interior design concepts.
  • They also help you build professional networks and enhance your portfolio.
  • Some educational institutions have partnerships with design firms or offer in-house internship programs.
  • Take advantage of any opportunities for hands-on experience to further develop your skills and showcase your abilities.

In summary, pursuing a career in interior design in Nigeria requires a solid education and training.

The country offers various interior design courses and programs that cover essential design principles, materials, and software skills.

When choosing an educational institution, consider factors such as accreditation, reputation, and industry collaborations.

Acquiring relevant skills and knowledge is crucial for success in this field. Additionally, internships and hands-on experience provide valuable practical insights and help build professional networks.

Read: The Role of Nigerian Animation Directors in Adverts

Building a Portfolio

A. importance of a well-curated portfolio.

  • A well-curated portfolio is crucial for interior designers to showcase their expertise and talent.
  • It serves as a visual representation of their skills and abilities to potential clients and employers.
  • A strong portfolio can effectively communicate an interior designer’s style, creativity, and attention to detail.
  • It helps build credibility and establishes trust with clients, making it easier to secure projects.

B. Showcasing design projects and creative skills

  • Include a variety of design projects in your portfolio to demonstrate your versatility as a designer.
  • Showcase your ability to work with different styles, color schemes, materials, and design concepts.
  • Include both residential and commercial projects to highlight your expertise in various settings.
  • Highlight any unique challenges you faced during a project and how you overcame them.

C. Tips on creating a professional portfolio

  • Select only your best work to include in your portfolio.
  • Quality is more important than quantity, so focus on showcasing a few outstanding projects.
  • Use high-resolution images to ensure the visual appeal of your portfolio.
  • Include a brief description for each project, explaining your design concept and thought process.
  • Organize your portfolio in a logical and easy-to-navigate manner.

D. Utilizing online platforms for exposure

  • Create a professional website or online portfolio to showcase your work.
  • Include a contact form or information for potential clients to reach out to you.
  • Utilize social media platforms such as Instagram and LinkedIn to share your design projects.
  • Engage with your audience by regularly posting updates, behind-the-scenes footage, and design inspiration.
  • Consider collaborating with influencers or bloggers in the design industry to expand your reach.

Building a strong portfolio is a vital step in becoming a successful interior designer in Nigeria.

It allows you to demonstrate your creativity, skills, and professionalism to potential clients and employers.

By curating a well-rounded portfolio that showcases your best work, you can establish credibility and gain the trust of your target audience.

Remember to utilize online platforms for exposure and consider collaborating with influencers to expand your reach.

With a carefully crafted portfolio, you’ll be on your way to building a thriving career as an interior designer in Nigeria.

Read: Salary and Compensation for PR Specialists in Nigeria

Networking and Industry Exposure

A. importance of networking in the interior design field.

  • Building a strong network is crucial for success in the interior design industry.
  • Networking allows you to connect with industry professionals and potential clients.
  • It opens doors to new opportunities, collaborations, and referrals.
  • By networking, you can learn from experienced designers and gain valuable insights.
  • Establishing relationships with suppliers, contractors, and vendors can enhance your design projects.

B. Joining Professional Organizations and Associations

  • Joining interior design associations gives you access to a community of like-minded professionals.
  • Being part of these organizations provides opportunities for networking and sharing experiences.
  • Professional associations offer workshops, seminars, and resources to enhance your skills and knowledge.
  • Membership in these organizations enhances your credibility as an interior designer in Nigeria.
  • It allows you to stay updated with the latest trends, technologies, and industry standards.

C. Attending Industry Events, Workshops, and Exhibitions

  • Participating in industry events allows you to meet influential individuals in the interior design field.
  • Workshops offer opportunities to learn new techniques, acquire new skills, and expand your knowledge.
  • Exhibitions provide a platform to showcase your work, gain exposure, and attract potential clients.
  • Attending these events helps you stay updated on emerging trends and innovative designs.
  • Networking with fellow designers at these events can lead to collaborative projects and partnerships.

D. Collaborating with Other Professionals and Potential Clients

  • Collaborating with other professionals like architects and contractors can lead to mutually beneficial projects.
  • Working with professionals from different fields allows you to expand your network and gain diverse perspectives.
  • Collaborating with potential clients on design projects helps establish trust and rapport.
  • It provides an opportunity to showcase your skills, creativity, and professionalism.
  • Collaborations can lead to referrals, repeat business, and an expansion of your interior design career.

In fact, networking and industry exposure play a vital role in becoming a successful interior designer in Nigeria.

Building a strong network allows you to connect with industry professionals, gain valuable insights, and open doors to new opportunities.

Joining professional organizations provides access to resources, workshops, and a community of like-minded individuals.

Attending industry events, workshops, and exhibitions helps you stay up-to-date, showcase your work, and forge collaborations.

Collaborating with other professionals and potential clients further enhances your credibility and expands your career prospects.

Embrace networking to thrive in the dynamic world of interior design.

Read: In-depth: The Landscape of the PR Industry in Nigeria

Becoming an Interior Designer in Nigeria: A Step-by-Step Guide

Establishing a Brand and Promoting Services

A. creating a unique brand identity.

Creating a brand that reflects your style, expertise, and values will set you apart from other interior designers.

B. Developing a professional website and online presence

Having a well-designed website and a strong online presence will help you showcase your portfolio and attract potential clients.

C. Utilizing social media platforms for marketing

Leverage popular social media platforms like Instagram and Pinterest to showcase your work, engage with followers, and gain visibility.

D. Building relationships with potential clients and referrals

Networking, attending industry events, and offering quality services will help you build meaningful connections and gain referrals.

Establishing a strong brand identity is crucial for your success as an interior designer.

It enables you to differentiate yourself from other designers and creates a lasting impression on potential clients.

Here are some steps to establish a unique brand identity:

  • Determine your niche: Identify the specific area of interior design that you excel in or are passionate about. This will help you build a distinctive brand around your expertise.
  • Define your target audience: Understand who your ideal clients are and what they value in an interior designer. This will guide your branding efforts and ensure you attract the right clients.
  • Craft your brand message: Develop a strong and concise message that communicates your unique selling points and captures the essence of your brand. This message should resonate with your target audience.

Once you have established your brand identity, it’s time to create a professional website and establish an online presence.

A website serves as your virtual storefront and portfolio, allowing potential clients to view your work and learn more about your services.

Consider the following when developing your website

  • Visual appeal: Use high-quality images and aesthetically pleasing design elements to showcase your work and create an inviting online space.
  • Clear navigation: Make it easy for visitors to navigate your website and find the information they need. Use clear headings and intuitive menus.
  • Mobile optimization: Ensure your website is responsive and accessible on mobile devices. A significant portion of internet users access websites through their smartphones.

In addition to your website, utilizing social media platforms is essential for marketing your interior design services.

Instagram, Pinterest, and Facebook are popular platforms where you can showcase your work, gain followers, and engage with potential clients.

Tips for effective social media marketing include

  • Consistent posting: Regularly share high-quality images and engaging content to stay top-of-mind with your audience.
  • Engage with followers: Reply to comments, answer questions, and interact with your audience to build trust and establish yourself as an industry expert.
  • Collaborate with influencers: Partnering with influencers in the interior design niche can help you reach a larger audience and gain credibility.

Lastly, building relationships with potential clients and referrals is crucial for growing your interior design business.

Attend industry events, join professional organizations, and network with fellow designers, architects, and contractors.

Some strategies for building relationships include

  • Provide exceptional service: Deliver exceptional results to your clients and exceed their expectations. Satisfied clients are more likely to refer you to their network.
  • Establish a referral program: Incentivize referrals by offering discounts or rewards to clients who refer new customers to you.
  • Maintain connections: Stay in touch with previous clients and industry partners through newsletters, holiday greetings, or occasional updates on your projects.

By following these steps, you can establish a strong brand, promote your services effectively, and attract clients to your interior design business in Nigeria.

Gaining work experience and recognition

A. starting with small projects and clients.

When starting as an interior designer in Nigeria, it’s essential to take on small projects and clients to gain experience and build your portfolio.

By handling small projects, such as residential spaces or small offices, you can showcase your skills and develop a solid foundation in the field.

B. Building a reputation through exceptional work

One of the keys to success as an interior designer in Nigeria is to consistently deliver exceptional work.

By focusing on attention to detail, creativity, and client satisfaction, you can build a reputation for yourself as a reliable and talented designer.

When clients are delighted by your work, they are more likely to recommend you to others and provide positive testimonials.

C. Showcasing expertise through publications and media

To gain recognition as an interior designer in Nigeria, it’s crucial to showcase your expertise through publications and media.

Consider submitting your work to design magazines, online platforms, and social media channels that cater to your target audience.

By featuring your projects in these outlets, you can establish yourself as a knowledgeable designer and increase your visibility in the industry.

D. Seeking recognition in design competitions and awards

Participating in design competitions and aiming for industry awards is another effective way to gain recognition as an interior designer in Nigeria.

These competitions provide opportunities to showcase your skills, expertise, and creativity to a wider audience.

Winning awards or even being nominated can greatly enhance your professional reputation and open doors to new opportunities.

Remember to stay updated on upcoming competitions and awards in the field and submit your best work for consideration.

Continuous learning and professional development

A. emphasizing the importance of staying updated.

Being an interior designer in Nigeria requires a commitment to continuous learning and keeping up with industry trends.

Without constantly updating your knowledge, it will be challenging to provide clients with the latest designs and solutions.

Interior design is a dynamic field, and new techniques and materials are constantly emerging.

B. Attending workshops, seminars, and conferences

One way to stay updated is by attending workshops, seminars, and conferences related to interior design.

These events provide opportunities to learn from industry experts, network with other professionals, and gain inspiration from innovative projects.

Additionally, workshops and seminars often offer hands-on experience and practical tips that can enhance your design skills.

C. Pursuing advanced certifications and specializations

Seeking advanced certifications and specializations is another valuable step in your professional development.

These credentials demonstrate your dedication to excellence and can differentiate you from other interior designers.

Acquiring specialized knowledge in areas such as sustainable design or healthcare design can also open up new career opportunities.

D. Expanding skills and knowledge in response to industry trends

To thrive as an interior designer in Nigeria, it is crucial to keep an eye on industry trends and adapt your skills accordingly.

For example, with the growing emphasis on eco-friendly design, learning about sustainable materials and practices can set you apart.

Similarly, staying updated on technology advancements can help you integrate smart home systems or virtual reality tools into your designs.

By continually expanding your skills and knowledge, you will stay relevant and provide valuable solutions to your clients.

Embracing continuous learning and professional development is essential for interior designers in Nigeria.

Staying updated, attending workshops and conferences, pursuing certifications and specializations, and evolving with industry trends.

By following these steps, you will not only enhance your expertise but also position yourself as a trusted and sought-after professional in the field.

A. Recap of the step-by-step guide

Throughout this guide, we’ve outlined the necessary steps to becoming an interior designer in Nigeria.

From acquiring the right education and training to building a portfolio and gaining practical experience, we’ve provided a comprehensive roadmap for success.

B Encouragement to pursue a career as an interior designer in Nigeria

If you have a passion for creativity, aesthetics, and improving living spaces, a career as an interior designer in Nigeria can be immensely fulfilling.

The demand for skilled professionals in this field is growing, presenting exciting opportunities for those who are dedicated and committed.

C. Final thoughts and advice for aspiring interior designers

As you embark on this journey, remember that success in the world of interior design requires continuous learning, adaptability, and a strong work ethic.

Stay updated with industry trends and technological advancements.

Network with professionals and seek mentorship.

Always strive to deliver exceptional work and exceed client expectations.

It’s also essential to build a personal brand and market yourself effectively.

Establish a strong online presence, showcase your portfolio, and cultivate a distinctive style that sets you apart from the competition.

Lastly, never underestimate the power of perseverance.

There may be challenges along the way, but with passion, determination, and a willingness to learn from setbacks, you can forge a successful career as an interior designer in Nigeria.

Becoming an interior designer in Nigeria requires dedication, hard work, and a commitment to continuous growth.

But with the right mindset and the steps outlined in this guide, you can turn your passion into a flourishing profession.

Embrace the journey, and let your creativity transform spaces and bring joy to those who inhabit them.

  • Continuing Education for Systems Engineers in Nigeria
  • Exploring the Nigerian Animation Market: An Overview

You May Also Like

Salary Expectations for Interior Decorators in Nigeria

Salary Expectations for Interior Decorators in Nigeria

Becoming a Fashion Designer in Nigeria A Beginner's Guide

Becoming a Fashion Designer in Nigeria: A Beginner’s Guide

Nigeria's Interior Design Market: Opportunities and Challenges

Nigeria’s Interior Design Market: Opportunities and Challenges

Leave a reply cancel reply.

Your email address will not be published. Required fields are marked *

Save my name, email, and website in this browser for the next time I comment.

MakeMoney.ng

How to start an interior design business in Nigeria

Victor Iyiola

  • Updated January 15, 2024
  • Read Time 6 mins

interior design business

Interior design is the process of enhancing the interior spaces of a building to achieve a more beautiful and appealing environment for the inhabitants. In this post, you will learn how to start an interior design business in Nigeria.

How to start a successful interior design business in Nigeria

Here is how to start a successful interior design business in Nigeria:

1. Choose a specialty and get some experience

Gone are the days when the same person or business can design homes, churches, restaurants, museums, and even workplaces.

Today, the interior design business is very specialized, just like every other business. Your chosen specialty will be determined by your talents and gifts. After your interior design business is created, your chosen specialty will determine what services you will offer your clients.

After deciding on the desired specialty, you should get adequate training in it. Meet with other professionals and go with them each time they get an order to design a place. This may take time, depending on how fast you learn things.

2. Create a business plan

A business plan is very crucial to every startup business. It will guide and direct you on what you do. You would have planned for everything possible and then note it down in a book or on your computer.

After figuring everything out and you feel your business now has a solid and successful plan, you should proceed with starting your interior design business in Nigeria. While starting, follow the business plan you outlined earlier and implement it back to back.

That way, you won’t miss anything or forget to make an important decision. Here are a few things your business plan should include when starting an interior design business in Nigeria.

  • Executive summary
  • Company Overview
  • Customer analysis
  • Competitive analysis
  • Market research
  • Marketing Plan
  • Operations plan
  • Startup costs
  • Financial plan and lots more

Also read: How to write a business plan

3. Raise the startup capital

The next step is to get investment for your new interior design business. Your business plan will include your startup and operation costs, so you definitely know how much money you will need to stand on your feet.

You can use your own personal money to bootstrap your interior decoration business before looking out for other funding sources. You can persuade wealthy individuals to invest in you or meet with venture capitalists.

If you don’t mind, you can visit commercial and microfinance banks and obtain a loan for your new interior design business.

You Might Be Interested In: How to get startup capital for your new business in Nigeria

4. Brand your interior design business

Branding is a valuable business and marketing concept that helps to distinguish your business from your competitors. That way, your interior design services will have their own recognition in the market.

You can start your branding process by choosing a name for your interior decor company. Your business name should be simple but meaningful, somehow related to the services you offer while being visually appealing and easy to remember.

The next thing is your logo. But it doesn’t end there. While many new business owners think branding is just business naming and logo design, it’s not. There are many other things to branding, some of which are:

  • Marketing format and advertising
  • Customer service style
  • Staff uniforms
  • Business cards

Suggested For You: How to create a business name from scratch

5. Register your interior design business with the CAC

Your interior design brand is almost up and running. While this is not compulsory, it will help in many ways. Aside from giving you fewer legal troubles in the future, it will make your business and services look more credible to potential clients.

The Corporate Affairs Commission (CAC) is the body concerned with the registration of businesses in Nigeria. You can use the website and visit any physical branch that is closest to you. 

Note that you should have decided which business structure you want to operate before you proceed to register your interior design business. A sole proprietorship is the easiest to start while an LLC is more difficult.

In the long run, the latter is safer than the former. An LLC will protect your personal properties even if your business goes bankrupt or closes down due to bad debt.

Don’t Miss: Types of business structures in Nigeria and the pros and cons of each

6. Set your pricing

How to charge your clients as an interior design business

1. Charging a flat or fixed fee

Once a client briefs you about the specifics of the job and you are clear about what you will do and what you will not, you will propose a fixed amount of payment.

This will cover all the development, specifications, layout, and installation as well as your own profit.

2. Time-based fee

In this case, you will propose a payment rate based on the number of hours, weeks, or months spent on carrying out the interior design job.

3. Project percentage fee

You will get a markup percentage of the project’s total cost. This will also include all the artwork and furniture purchased to complete the project for the client.

4. Retainer with the balance paid upon completion

An advance payment will be made to your interior design business. When you complete the work to the client’s satisfaction, the remainder will be paid.

5. Cost plus

This will only work if you sell interior decoration items alongside your interior design service. You will purchase items for the project at wholesale price and then charge the client at the retail price.

6. Cost per square foot

This depends on the type of interior design job demanded by the client. In this case, the payment will be calculated based on the total square footage of the space to be designed.

7. Market your interior design business

There are many methods with which you can promote your decoration business and attract potential customers. Here are some of them.

  • Meet with local newspapers and magazines
  • Get a website and learn basic SEO
  • Build an email list and use email marketing to your advantage
  • List your interior design business on local business listing sites
  • Ask your clients to refer you to new customers
  • Start a blog for your interior design business

Also read: How to market a business in Nigeria

Starting an interior design business in Nigeria might sound like a difficult task. However, it’s not that hard if you follow the steps outlined in this article.

You can get hired to design office spaces, luxury hotels, rich homes, museums, churches, and many other buildings inhabited by humans. As an interior design business, you can specialize in commercial interior design, residential interior design, or both.

Don't miss a thing.  Follow us on Telegram and Follow us on WhatsApp . If you love videos then also  Subscribe to our YouTube Channel .  We are on Twitter as  MakeMoneyDotNG .

Victor Iyiola

Victor Iyiola

Victor Iyiola is a Content Writer with MakeMoney.ng. He has a great passion for Business, Finance, and Entrepreneurial topics. Victor is a big fan of Blogspot and WordPress.

How to start a pure water business in Nigeria

Leave a Reply Cancel Reply

Your email address will not be published. Required fields are marked *

Name  *

Email  *

Add Comment  *

Post Comment

The Info Worth

Business Ideas

How to start interior design business in nigeria.

interior design business plan in nigeria

Have you been thinking of starting an interior design business in Nigeria? Read this article to the end. In today’s article, I will be explaining everything you need to know about the interior decoration business. Whether the business is profitable or not, the capital needed to start.

And lastly, the step-by-step guide on how to start an interior design business in Nigeria. Interior decoration or design is very important today. This is because many Nigerians now want to live in beautiful and well-organized homes. The interior design business has also helped in developing the real estate sector in Nigeria . 

Without it, many houses will not look attractive enough for customers to buy and live in. 

What is Interior Design?

Interior design is also known as interior decoration. This is the art of enhancing the interior of a building to achieve a healthier and more aesthetically satisfying environment for the individuals using the space. An interior designer is someone who researches, plans, coordinates, and manages such enhancement projects.

Is Interior Design Profitable?

Interior design in Nigeria is a profitable business and this is due to the high demand for beautiful houses. The average Nigerian no longer wants to live in an anyhow house. They want their homes to look beautiful inside whether it is a rented house or apartment or it is owned by them.

Asides from this, the business is lucrative because of the kind of clients that demand your services. As an interior designer living in Nigeria, it is the high-income and middle-income earners that demand your services. As an interior designer, you make money from buying furniture and fittings for your customers and you can make money on how much you charge for your services.

So if you are thinking about whether interior design is a good career in Nigeria? It is.

Capital Needed to Start Interior Design

The cost of starting an interior design business is not high. This is because it is a service business and you are not selling anything. What you need is your professionalism and experience. You can even run the business as a side hustle and work from home. The interior design business is a flexible business.

There are so many successful interior designers in Nigeria who started their interior design business with zero capital. This is possible if you are not renting an office. If you are renting an office or you want to build a website for your interior design business, you will then need a capital of ₦500,000 – ₦1,000,000 to start.

How Much do Interior Designers Charge in Nigeria?

Although how much interior designers in Nigeria earn is relative. It depends on the experience, recognition, and location of their business. Nigerian Interior designers charge based on how they set their pricing. This pricing could be like having a full or fixed fee, project percentage fee, time-based fee, and cost per square foot.

However, interior designers in Nigeria charge ₦100,000 – ₦400,000 per the service they render to clients.

Here are steps on how to start an interior design or decoration business in Nigeria.

1. Learn Interior Design

The first step to starting a profitable interior design business in Nigeria is to first learn about the business. It is very important to understand interior design as a skill and the business side. You do not want to sound like a quack when clients are asking you questions or the other about interior design.

For this reason, you need to read many books, and articles, watch videos and if possible attend online lessons to learn about interior design. Yes, there are online courses on interior design. However, the duration of learning differs. It could be 1 month, 3 months, or even 6 months. It depends.

2. Write a Business Plan

Business plans are very important. We cannot underestimate or overlook them. Although interior design business is not a capital-intensive business, getting your hands on an interior design business plan can go a long way for you.

In the business plan, you will be exposed to the executive summary, company overview, customer analysis, competitive analysis, market research, marketing plan, operating plan, and the startup cost of the business. You cannot get all these in this article. This is why a business plan is good.

If you can afford to buy a business plan for your interior design business you can go ahead to buy it but if you cannot afford one you can simply follow the steps in the link below to write one. Read our article on how to write business plans in Nigeria

3. Get the Capital Needed

If you are getting a shop and you want to spend money in promoting your interior design business online you need the starting capital I mentioned earlier. If you want to start from home and promote your business freely online you do not need capital.

4. Brand and Register your Business

Branding speaks a lot about your interior design business. It will determine if you will associate with big real estate companies in Nigeria or not. To build a brand for your interior design business you need to first have a business name and a logo.

It is important to make sure that the business name is not complicated. Not complicated, it is easy to spell and it can be remembered easily. The color you will use for your logo needs to stand out too. You can consult a professional graphic designer for this. Read our guide on how to register your business name in Nigeria. This guide helps you to register your business name yourself.

5. Set your Charges Right

In your interior design business, you need to get your prices or charges right. I have mentioned earlier different ways you can charge for services as an interior designer in Nigeria. You just need one that is best suitable for you. If you do not know the one to go for you can simply change the way other interior designers around you charge. 

Note that all methods of charges have advantages and disadvantages. However, make sure that whatever price you charge is not higher, especially as a new interior designer. So that you do not discourage intending clients.

6. Getting Clients for Patronage

There are many ways you can get your first clients as an interior designer in Nigeria. 

1. Build a portfolio website that can attract customers online using search engine optimization (SEO).

2. Create social media accounts for engagements. You can get clients this way because they will notice your professionalism on social media and want to patronize you.

3. Another way you can get clients for interior design business in Nigeria is to partner with real estate companies around you.

7. Making Profits from Interior Design Business

There are two major ways you can make profits from the interior design business in Nigeria. These are:

1. By selling furniture and fittings to customers who want to design their homes. Based on the fact that they trust you, they will always buy from you.

2. You can make money as an interior designer in Nigeria through consulting . Many individuals, companies, and the like can pay you to get interior design advice.

Conclusion 

Interior design business in Nigeria is a profitable business and it is easy to start because it requires zero capital and informal education or learning. This means almost anyone capable can go into the business if they are willing to learn and grow. You just need to be consistent be patient. Do not run in and run out tomorrow.

Recommended:

  • How to Start Poultry Farming in Nigeria
  • Top Mobile Apps to Reduce your Daily Expenses
  • Entrepreneur: Definition, Myths, Functions, Types & More
  • 35 Best Lucrative Handwork to Learn in Nigeria
  • 10 Most Profitable Businesses in Singapore

📡Join Our Social Media Channels:

WhatsApp: theinfoWorth Facebook: theinfoWorth YouTube: theinfoWorth

How to Start Potato Chips Business in Nigeria

How to Start Photocopy Business in Nigeria

interior design business plan in nigeria

Ralph Bamigboye is an Accountant. He is the owner of TheInfoWorth.com, NetWorthVerse.com and Finance Naija YouTube Channel. He has helped many individuals to start their businesses and make money online. How can he help you?

interior design business plan in nigeria

  • Latest Posts

Richest Families in South Africa

The 10 Richest Families in South Africa

Cubana Chief Priest Net Worth

Cubana Chief Priest Net Worth

Become a Teacher in Nigeria

How to Become a Teacher in Nigeria: Pro Tips

Pass Job Interviews in Nigeria

How to Pass a Job Interview in Nigeria

Video Game Center Business in Nigeria

How to Start Video Game Center Business in Nigeria

How Nigerian Musicians Make Money

How Musicians Make their Money in Nigeria: 10 Ways

Become a Gospel Artist in Nigeria

How to Become a Gospel Artist in Nigeria: Pro Tips

Digital Marketing in Nigeria

How Digital Marketers Make Money in Nigeria: 10 Ways

B Lord Net Worth

B Lord Net Worth 

Make Money with Paypal in Nigeria

How to Make Money with PayPal in Nigeria

Trending posts.

Become a Teacher in Nigeria

Shecluded Blog

How To Begin An Interior Design Business In Nigeria

Shecluded Blog

Interior designers have become one of the most sought-after professionals in the last couple of years due to their technical understanding of what is required by occupants of a building. Be it an interior design for bedroom, or an interior design for a living room, these people have perfected the craft of evoking emotions through their designs

Although they are often used interchangeably, interior design and interior decoration are not the same thing. While interior decoration refers to the furnishing or adorning of a space with decorative elements to achieve a certain aesthetic, interior design is the art and science of understanding people’s behavior to create functional spaces within a building.

If you’re looking to launch a successful business as an interior designer, then this article is exactly what you need to begin your journey. You’ll be learning about all the details and steps required to launch your business as soon as possible.

Requirements to launch an interior design business in Nigeria

Starting an interior design business in Nigeria requires some very crucial skills that you cannot compromise on. You must;

Be artistic

Be creative, pay attention to detail, have good communication skills, pay attention to trends, be great with people relations.

This is the most important skill-set required to begin a business or career in interior design. You need to be able to evoke a sense of emotion through the visual combinations that you create.  If you don’t have this skill, you can acquire it by taking courses or registering for programs that teach it.

The ability to think creatively is essential to becoming an interior designer. It might be difficult to design a place when there are multiple factors to prioritize, but if you want to give your customers the best in terms of aesthetics and functionality, creativity is crucial.

Working on unique concepts for each assignment will challenge your creativity. So you need to be absolutely sure that this is what you want to dabble in.

Being detail-oriented is an important aspect of becoming an interior designer. Little details such as changes in colour, measurements, angles, etc., can make or mar your design. Therefore, you must be very big on this. 

It’s crucial to convey concepts clearly. You must be able to explain your plans to clients and help them understand their options. Using words, sketching, and computer-aided design software are all forms of communication.

For every career in design, trends are essential, and interior design is also included. Therefore, you must keep an eye on trends and comprehend their social context. Ask yourself, “What is trendy?” What customs exist? 

A good understanding of cultural developments and how to incorporate them into their work is essential for starting an interior design business. 

You still need clients, even with all your skills. Your target market will be those in the high and upper middle classes; therefore, you’ll need to learn how to network with them, market to them, and persuade them to buy from you. Being able to interact with people properly is crucial, especially in Nigeria.

You will collaborate with many people in addition to clients and potential clients, including technicians, painters, and others.

4 steps to take before kick starting an interior design business

  • Get a formal education 

Build experience by interning

Take on projects, build a portfolio., get a formal education. .

The first step to becoming an interior designer and launching this type of business is by attending an interior design school. Luckily, there are many interior design schools scattered all over Nigeria. If you happen to have a degree in architecture or interior design, then you’re already at an advantage.

After getting an education, the best way to get valuable hands-on experience in this field is by interning at a reputable interior design company. This will also help you learn some important tricks to navigate this career by

After you have had a formal education and gained some experience by interning, you should take on passion projects or gigs to solidify your knowledge of this new path. Just keep building experience in preparation for a paying job.

For your portfolio, it’s crucial to include high-quality images of the projects you’ve worked on. Additionally, keep your portfolio’s designs and sketches close to reach. It will be something you can show potential customers. If you have no examples of prior work, it is impossible to sell yourself.

Here’s another area of the creative sector to think about (you may also check our article on career options in fashion or photography genres you can delve into). For those who are willing to put in the work, interior design may be extremely rewarding and lucrative.

We recently spoke with Uchenna Ibe, a seasoned veteran in the interior design field, and she shared some very valuable information with us that will assist you in starting an interior design business.  You can read the whole interview here

Also, you can watch the video below to learn more about the interior design industry through the lens of Uchenna Ibe.

Starting an interior design business is very easy if you follow the step-by-step processes that we’ve listed in this article. But if you have enough start-up capital and don’t want to go through the stress of building this experience from scratch, then you can hire professionals with experience to help you run your business. 

Does your interior design business need capital to scale? If that’s the case, then we are ready to help finance your dream.  Click here to get a quick growth loan today.

You May Also Like

interior design business plan in nigeria

Mastering the Art of the Elevator Pitch

Enabling informal women retailers to trade and earn more, leave a comment cancel reply.

Save my name, email, and website in this browser for the next time I comment.

I agree that my submitted data is being collected and stored . *

SWOT Analysis for Airline Business Plan in Nigeria

  • #sample interior design business plan template for Nigerians
  • Post author: Ane
  • Post published: December 18, 2020
  • Post category: BUSINESS-PLAN-AND-FEASIBILITY-STUDY / Business Tips / C.A.C. INCORPORATION
  • Post comments: 0 Comments

This is #sample interior design business plan template for Nigerians.  Are you starting an interior decoration business? If YES, see a complete example of a feasibility report for the interior design business plan template that you can use for FREE to raise money. Okay, we have discussed all the requirements for starting an interior design business in our previous post.

We also developed a supportive interior design services marketing plan model with actionable guerrilla marketing ideas for interior design companies. Now is the time to proceed to the business planning section. Check out #sample interior design business plan template for Nigerians

Why start an interior decoration business?

Table of Contents

As a matter of fact, if you have ever entered a tastefully furnished home, you agree that those who are qualified in the interior decoration trade know for sure they know what it takes to make a place really beautiful. It is no wonder that the hiring of an interior decorator is sometimes at the top. This is due to the level of knowledge they bring to the table. Therefore, if you think the idea of ​​being called an interior designer sounds good, then you might want to try your interior decorating business. Check out #sample interior design business plan template for Nigerians

The truth is that the industry is very competitive but more true is the fact that the sky is too big for two birds to collide. What does it take to start an interior design business? Starting an interior decorating business certainly requires that you have a business plan in place.

The Business Plan – #sample interior design business plan template for Nigerians:

In fact, we have discovered that writing a business plan more often poses a big problem. We also found out that this is due to the very detailed nature of what you should be putting things into. However, here is the Good news. As a matter of fact, there are trained and professional business plan writers. These people know everything it takes to develop a very detailed plan. The price that accompanies this is not challenging, as you will need to pay a very little amount of money. Check out #sample interior design business plan template for Nigerians

At any rate, if you are thinking of writing your own business plan, consider using our business plan template to write it. Ours is cheaper. With it you don’t need further research on the Internet. In fact, our templates are auto-generated and detailed. You may not need to bother about any further research.

RELATED TOPICS:

  • Interior Design Marketing Plan,
  • Sample Interior Design Business plan Template
  • How to start Interio Design Business

Example of interior design business plan template

Overview of the interior decoration industry:.

When we talk about interior design or interior decoration, we are talking about the art or the process of designing the interior and, in some cases, the exterior of an installation. It could be a room or building. An interior designer is a person whose job is to coordinate and manage the execution of these projects. The truth is that interior design is a multidimensional vocation that encompasses activities such as conceptual development, and communication with project stakeholders. Check out #sample interior design business plan template for Nigerians

The Interior Designer Defined:

As a matter of fact, interior design companies are responsible for planning the design of residential and commercial facilities.  They master the craft of adjusting their ideas or concept to reality. The projects that interior designers handle can be broad in scope. So, it can vary from structural modifications to the selection of furniture, curtains or blinds, wallpaper, and corresponding lighting et al. Check out #sample interior design business plan template for Nigerians

Furthermore, the interior design industry is truly a large industry that has experienced consistent growth and innovation over the past decade. However, the sector is expected to experience marginally better conditions over the next decade too. While the housing market is expected to improve sharply, there will also be a corresponding growth for residential interior designers, as existing sales and homes begin to recover over the period.

So too, the increase in corporate profit and the growth and expansion of the corporate organization will open up business opportunities for interior design companies. This is simply because it will be necessary for organizations to remodel their facilities to meet changing trends. Statistics say that the Interior design industry has a low level of concentration of market share. Check out #sample interior design business plan template for Nigerians

Furthermore, it is a fact that the concentration of market share has not changed significantly in the last five years.

The nature of the Business:

It is important to state clearly that the interior design industry is a highly fragmented industry. In fact, with thousands of participants, of which only a small percentage of industry participants generate annual revenue in excess of $ 1.0 million.  Participating in the interior design industry is autonomous. This also is simply because of the nature of the work it does and, of course, the low start-up capital needed to start the business. Check out #sample interior design business plan template for Nigerians

In fact, the interior design industry is indeed a very large and practically active industry in all parts of the world. According to statistics, in the United States of America alone, there are about 102,848 registered interior design companies responsible for employing about 127,467 and the industry raises a whopping $ 13 billion a year.

In fact, the sector is indeed a highly competitive sector and, of course, a growing sector with a constant growth rate of 3.0% per year. The interior design industry is very open to any entrepreneur. Especially, those who have the necessary skills to start their own interior design business. And, of course, earn a lot of money from the industry. In fact, it has been projected that, in the next five years, new technologies will continue to emerge, which will make it easier for more participants to enter the sector, increasing competition in the sector.

Executive summary of the interior design business plan:

Complete House of Decoration Ltd. is an interior design company based in Abuja, Nigeria. We were able to guarantee a standard and well-positioned office facility in a busy commercial district in Abuja. We are a world-class interior design company that must compete in the highly competitive interior design industry, not only in Nigeria but also in the global market. Complete House of Decoration Ltd. will be involved in all aspects of interior design services, such as’

  •  residential interior design services,
  • commercial interior design services,
  •  merchandise sales,
  • interior design services consulting services (consultancy on interior decoration issues,
  • consultancy on residential design issues,
  • consultancy on institutional design issues) and
  • other related services.

Our Objective:

Our business objective is to become one of the leading interior design companies in Nigeria and we will ensure that all graphic design works that leave the studio can compete favorably with the best in the market. Check out #sample interior design business plan template for Nigerians

As a matter of fact, our employees will be selected from a group of talented and highly creative interior designers in Abuja, Lagos, Aba and their surrounding area.  And also from any art in the world, especially from US and Paris, as business grows. So, we will ensure that all members of our workforce participate in the necessary training that will position them to meet company expectations and compete with leading interior designers in Nigeria and the world.

At Complete House of Decoration Ltd., the customer’s best interest is the first.  And everything we do will be guided by our values ​​and professional ethics. We guarantee that we are responsible for the highest standards, meeting the needs of our customers in a precise and complete manner. Therefore, we will cultivate a work environment that provides a sustainable human approach to making a living and living in our world, for our partners, employees, and customers. Check out #sample interior design business plan template for Nigerians

The Complete Home Decoration is founded by Ms. Joy Sanders and her friend, fellow student, and business partner for many years. Both are graduates of The Interior Design School London. Ms. Joy Sanders has an MBA from the London School of Economics. Ms. Joy Sanders and Ms. Mary Emerson worked with one of Europe’s leading interior design companies before returning to Nigeria to found the Complete House of Decoration Ltd. This duo is vast and well-read in the trade of interior decoration and, of course, builds the interior decoration business from scratch to an enviable position.

Our products and services:

 Complete House of Decoration was created with the aim of maximizing profits in interior design with the real estate industry.

Therefore, we want to compete favorably with the leading interior design companies in Nigeria, which is why we have a competent quality assurance team that will ensure that all of our interior designs and related services provided meet and exceed our customers’ expectations. We will work hard to ensure that the Complete Home Decor is not only accepted in Abuja and Lagos but also nationally in Nigeria. Check out #sample interior design business plan template for Nigerians

Residential interior design services Commercial interior design services. Sales of goods Interior design services, consultancy services (consultancy on interior design issues. And, consultancy on residential design issues, consultancy on institutional design issues). Then, other related services, such as interior renovation of historic buildings, vehicles, such as ships and aircraft, etc.

Our vision statement

Furthermore, our vision is to establish a standard interior design company whose services and brand will not only be accepted in Lagos, Abuja, and Aba, but also throughout Nigeria, but also in other parts of the world.

Our mission statement

In addition, our mission is to build an interior design company that is known for executing top-tier projects and projects. And become the number-one choice for real estate agencies and other industry stakeholders. We want to build an interior design company that can compete favorably with other leading brands in the industry. Check out #sample interior design business plan template for Nigerians

Our business structure

Complete House of Decoration Ltd. is an interior design company that aims to start small in Abuja. But hopes to grow big to compete favorably with the industry’s top interior design companies in Nigeria. And on a global stage.  We are aware of the importance of building a solid business structure that can support the image of the type of world-class business that we want to own. That is why we’re committed to hiring only the best hands in our area of ​​operations.

At Complete Decorating House, Ltd., we will ensure that we hire qualified, hard-working, creative, customer-centric people. These must be ready to work to help us build a thriving business that will benefit all stakeholders (owners, workforce, and customers). In fact, the profit-sharing agreement will be made available to all senior management employees and will be based on their performance for a period of five years or more, as agreed by the company’s board of directors. Check out #sample interior design business plan template for Nigerians

The Workforce:

In view of the above, we decided to hire qualified and competent hands to occupy the following positions:

  • Executive Director Human Creative
  • Director Resources and Administration
  • Executive Sales and Marketing
  • Interior Designer
  • Executive Customer Service

Our Targeted Customers:

Below is a list of the people and organizations that we specifically market our products and services;

  •  Construction companies
  • Property development companies
  • Corporate organizations Realtors – for your clients’ houses Home improvement companies
  • Commercial office and residential complex builders
  • Associations of home builders
  • Furniture Stores
  • Paper shops for painting and wall Florists Owners, developers, and contractors.
  • The government (public sector).
  • Religious organizations (church hall and other places of worship) Television stations (studios and offices)

Do you fall on this list? If YES! This business plan is for you. Do not think you can start is anyhow. This business plan will help you start well. Your marketing template with your financial plan analysis will do a lot for you.

The Full Text of #sample interior design business plan template for Nigerians:

Now that you have a glimpse of the Interior Design Business Plan template, I think it’s proper you ask for the concluding part of it.  You will either order a complete set of financial analyses or a comprehensive one. Our prices are not grievous.

Conclusions:

Yea! In conclusion, did you enjoy the post? Was it helpful? If that is so, you can now bookmark this page and share to reach others. You can also follow us on any of our social media handles for regular updates. Like us on our Facebook platform. That will be good. Check out #sample interior design business plan template for Nigerians

Contacts us for your business support services of any type – business plan. Business incorporations, accounting and auditing services and other contract compliance documentation.  +234 8034347851, or 09053130518. Email us at [email protected] or [email protected] Always visit our other sites @ https://cessummit.com for your entrepreneurial development summits . Thank you for reading through #sample interior design business plan template for Nigerians

Deacon Anekperechi Nworgu, a seasoned economist who transitioned into a chartered accountant, auditor, tax practitioner, and business consultant, brings with him a wealth of industry expertise spanning over 37 years.

Share this:

You might also like.

Read more about the article THE ENTREPRENEUR AND BUSINESS PLANNING –  START SMALL AND BUILD

THE ENTREPRENEUR AND BUSINESS PLANNING – START SMALL AND BUILD

Read more about the article BPP Data Base Registration for Contractors: Get Registered Here

BPP Data Base Registration for Contractors: Get Registered Here

Read more about the article HOW TO MAKE CONVERSIONS FROM ONE BUSINESS ENTITY CLASS TO THE OTHER

HOW TO MAKE CONVERSIONS FROM ONE BUSINESS ENTITY CLASS TO THE OTHER

Leave a reply cancel reply.

  • Start Your Business
  • Grow Your Business
  • Business Ideas
  • Business Plan Writing

35+ Lucrative Interior Decoration Business Ideas In Nigeria Or Africa

35+ Lucrative Interior Decoration Business Ideas In Nigeria Or Africa

Tastes in interior decoration have evolved significantly from what they used to be many decades ago. Homeowners and real estate investors have introduced several innovative decoration ideas to suit their personalities, align with their moods, prep them psychologically for work and reflect their status.

As a result, more services are now needed in homes and office setups. These services have created a lot of business opportunities in the interior décor industry, and the sector is yet open to more. In 2020, global interior design was worth over $150 billion and is expected to reach well over $250 billion by 2027. This is a clear indication of the continuous growth and immense business opportunities lying in wait in the industry.

If you’re looking to join the interior design market, here are 35+ lucrative interior decoration businesses to consider in Nigeria, Africa or anywhere around the world.

See Also: How To Start A Lucrative Event Planning Business In Nigeria: The Complete Guide

1 ). Home Painting Services:

Home painting is a good place to start for individuals hoping to delve into the interior design industry. It is one of the most fundamental interior decoration business ideas that home builders and homeowners cannot do without in Nigeria, Africa or anywhere around the world.

The best part is home painting doesn’t require any capital to start. An entrepreneur can start by networking with the right set of people and getting contracts. With time, they could expand their business to allow for more servicemen and painters.

2). Interior Space Planning:

Homeowners do not always have the luxury of time to brainstorm how exactly to go about their interior space design and decoration. Most homeowners have a vague idea of what they want and the factors to put into consideration. Hence, they prefer to communicate their ideas to professional interior space planners who can help them bring them to life.

To earn the trust of potential clients in this business, you need to build a public portfolio and mostly first work with personal recommendations from stakeholders in the industry.

3). Wallpaper Retail Business:

Wallpapers bring an extra presence to the interior space of any room. They are commonly used in offices, sitting rooms, corridors, public buildings, and much more. Hence, the business of retailing wallpapers enjoys patronage all year round.

An interested investor or entrepreneur can target supermarkets, art shops and local markets or take the wallpapers directly to offices and homes as well as other places where they are in high demand.

See Also: How To Start A Lucrative Magazine Business In Nigeria: The Complete Guide

4). Interior Lights Sales Installation Services:

Lights are a major component of interior decoration. They add a touch of ambience to any space they are used. Lights are equally used to set the mood in homes, offices, halls and much more.

Lights come in different forms including ceiling lights, chandeliers, track lighting, pendant lighting and so on. Each of these light types requires professional installation, maintenance and replacement services. An interested entrepreneur could start light installation services after acquiring the skills and technical know-how.

− Export Business −

Make Your First $25,000 Exporting Products From Nigeria WITHOUT SPENDING YOUR OWN MONEY!

Our in-depth online export course is specifically designed to help you build a successful export business from scratch IN 90 DAYS WITHOUT LOSING MONEY FROM YOUR INVESTMENTS OR SPENDING YOUR OWN MONEY! And in the process, show you how to MAKE YOUR FIRST $25,000 from the export business within the first 3 months of finishing the course.

Click Here To Learn More >>

5). tiles installation business:.

Tiles installation is a special-skill business that requires a lot of dexterity and time resources. Although it requires training, installing tiles is a vocational skill that anyone can learn within a short time.

To make the most of this interior decoration business idea, it is important to network with building constructors for regular contracts. You could also undertake tile removal and replacement services.

6). Home Office Setup Business:

With the growing number of remote workers on the labour scene, there is enough proof to suggest that employers now encourage their workers to work temporarily or permanently from home.

For high productivity, remote workers need comfortable office space in their homes. You can start a home office setup business that caters to this. The market is rapidly growing and it holds a lot of prospects.

See Also : How To Start A Lucrative Cosmetics Production Business In Nigeria: The Complete Guide

7). Decorative Flower Retail Business:

The demand for flowers in offices, homes and at events like weddings, conferences, and more, makes retailing decorative flowers one of the most viable interior decoration business ideas in Nigeria, Africa or anywhere around the world.

In addition to artificial decorative flowers used over a long time, you can also deal in natural flowers for grooming or special events.

8). 3D Floor Installation:

3D floors are groundbreaking floor designs in the interior décor industry. They are beautiful and used in high-end homes and luxurious apartments. Installing 3D floors is a lucrative way to make your mark in the interior decoration industry.

With foundational knowledge and networking with the right clientele, you can make a lot of income from 3D floor installation.

9). Furniture Sales And Setup Business:

Furniture makes up an essential part of the interior setup of any room, ranging from residential apartments to commercial buildings like hotels and offices in Nigeria, Africa or anywhere around the world.

Setting up furniture goes beyond the services of a carpenter. It requires careful organization and a good sense of alignment to ensure that the pieces of furniture make a comprehensive whole in the apartment.

See Also: How To Start A Lucrative Makeup Production Business In Nigeria: The Complete Guide

10). Ceiling Design And Installation Business:

Another lucrative option in the interior design industry is the ceiling design business. It is one of the high-skilled interior decoration business ideas available, but it enjoys constant patronage since ceilings are necessary.

Ceilings can now be styled and this adds a creative dimension to ceiling installation. An interested investor or entrepreneur can employ the services of trained personnel for this business and make a lot of profits in no time.

11). Floor Mat Retail Business:

Floor mats are not just used for removing dirt from the soles of shoes; they complement the beauty of the home and bring comfort to the feet. Homeowners prefer to install mats at their doorposts, bedrooms, sitting rooms or the entire apartment.

You can start a floor mat retailing business in Nigeria, Africa or anywhere around the world with little capital and low risks.

12). Mattress Retail Business:

While mats are optional items for comfort and decoration, mattresses are indispensable items in homes, hospitals, hotels, and much more. Selling mattresses is an interior decoration business idea open to anyone with adequate capital.

On the other hand, a buoyant investor can start a mattress-producing company in any town or city in Nigeria.

See Also : How To Start A Lucrative Building Materials Business In Nigeria: The Complete Guide

13). Kitchen Cabinet Installation Business:

Kitchen cabinets can be styled to lift the face of a kitchen to reflect the class and style of the homeowner or hotel as the case may be. Organizing and installing kitchen cabinets can be a lucrative business with a lot of patronages if you target the right market.

You can also add production and sales of cabinets to boost your market chances or work with cabinet makers in the industry.

14). Curtain And Drapery Sales And Installation Business:

Curtains and drapery can be styled in several different ways to beautify the home, hotel, hospital, conference room or any other place where they are needed.

You can start a professional drapery sales and styling business in Nigeria, Africa or anywhere around the world. They are available in different types and prices for everyone. Hence, the market is not limited to the elite class only.

15). Interior Decoration Consultancy Business:

Deciding on what elements should go into the interior decoration setup could be a teeming process for many homeowners to undertake. So, they often resort to seeking help from interior decoration experts.

If that is you, you can start an interior design consultation agency in Nigeria, Africa or anywhere around the world and offer vital tips and advice on how people can set up their homes.

See Also: How To Start A Lucrative Plumbing Business In Nigeria: The Complete Guide

16). Interior Décor Blogging:

Blogging is a versatile, yet inexpensive hobby that anyone can turn into a lucrative business, and the same applies to interior decoration. Interested parties in the interior design sector can combine blogging with any other interior decoration business ideas.

Blogging involves creating content around interesting and educative topics to engage the attention of the public.

17). Painted Arts Collection And Retail Business:

Collecting and selling painted wall art is one of the sophisticated but highly lucrative interior decoration business ideas in Nigeria. Painted arts and artefacts are exquisite materials used to beautify the home or any public space.

With sufficient capital, an interested investor can open an art gallery and retail them to homeowners for interior décor.

18). Room Dividers Production And Retail Business:

Room dividers are screens, fabrics or furniture used to segment a room or space into two or more places. They can be made from several materials, including drapes, bamboo, screens, furniture, and much more. Room dividers can also be used to add a touch of exquisiteness to an apartment.

Retailing room dividers is an excellent lucrative interior decoration business idea that requires little technical know-how.

See Also : How To Start A Lucrative Photography Business In Nigeria: The Complete Guide

19). Kitchen Setup Services:

The kitchen is almost as important as the sitting room or patio in terms of appearance. It also represents the class and style of the homeowner. More so, professional kitchen setup services are needed for proper comfort while cooking.

As a professional kitchen setup expert, it is your role to help clients organize and set up their kitchens

20). Mosaic Art Making And Retail Business:

Mosaic art is a type of art made by arranging and glueing small materials such as papers, corks, stones, glass, and more to form the shape of any intended item.

Mosaics can be made into beautiful wall hangings for homes, offices, etc. Making and retailing mosaic art is an art-related interior decorative business, and enjoys great patronage from art lovers.

21). Mirror Installation Business:

Decorative mirrors and glasses contribute to the ambience of apartments. There are a lot of fancy mirrors with great designs that draw attention. They can be installed in bathrooms, bedrooms, public restrooms, corridors, and in other places.

Most mirrors are not just for hanging on walls but require special installation services, which creates business opportunities for the personnel involved. Starting a mirror installation business doesn’t require so much capital once you’ve acquired the basic skills.

See Also: How To Start A Lucrative Car Wash Business In Nigeria: The Complete Guide

22). Home Gym Setup Business:

Although it is not entirely decorative in purpose, the home gym can also be styled to suit the personality of the homeowner. This includes setting up the gym and organizing it to suit its purpose.

As An interior decoration expert, you could add this service to any other interior decoration business and make a lot of income from it.

23). Create A DIY YouTube Channel:

On certain occasions, homeowners choose to undertake minor decoration projects on their own. A smart entrepreneur could still build a business out of this. With the aid of social media platforms such as YouTube, you could create DIY videos targeted at this audience.

As viewers learn how to do basic decorations from your channel, you get paid for engagement and traffic. It is also a way to build public trust in the industry.

24). Picture Framing Business:

As part of the interior decoration project, some homeowners like to have pictures of their achievements or special moments in their lives framed and hung on the wall of their homes or offices.

Starting picture framing is an inexpensive business but it is an interior decoration business with great prospects in Nigeria, Africa or anywhere around the world.

See Also : How To Start A Lucrative Paper Recycling Business In Nigeria: The Complete Guide

25). Trophy Shelf Installation:

Trophy shelves are unique shelves where people store their collection of plaques, trophies and medals. As a trophy shelf installation expert, it is your job to recommend suitable shelves for peoples’ collections of plaques and to see to their installation.

26). Overall House Repair Services:

Repair services are needed by homeowners and real estate developers who have to renovate a building or see to its overall interior décor before putting it up for sale. The aim is to conduct basic repair services in order to lift the face of the apartment and increase its value.

Service personnel in the interior décor business can combine this business with any other interior decoration business ideas in Nigeria.

27). Bathtub Installation Services:

There are several types of bathtubs, ranging from generic tubs to soaking and acrylic tubs. They come in various sizes and sophistication, and therefore, require the services of professional installation experts.

With the growth in the construction of modern houses, hotels and relaxation centres, the bathtub installation business is one interior decoration business bound to enjoy continuous patronage.

See Also : How To Start A Lucrative Used Oil Recycling Business In Nigeria: The Complete Guide

28). Window Shutters Retail And Installation Services:

Window shutters are often used as a replacement for window blinds. They are made from a series of materials, including wood, vinyl and fibre. While some shutters are louvred, others are made layered with panels and boards.

As a window shutters installation expert, it is your job to advise homeowners on what specific shutters suit their interior decoration.

29). Nursery Setup Services:

Families with kids require a special room or section for their babies. Whether the nursery will be set in a separate room or the same room as the parents depends on the homeowner’s discretion.

A typical baby nursery requires essentials such as a crib, crib sheets, a mattress, and so on.

30). Pet House Setup Business:

Pets can be important family members and require a separate space for sleeping and other pet activities. While most pet owners build their pet houses in the yard, many others prefer to build their pet space right in the home.

This makes a pet house setup necessary. As more people continue to adopt and keep pets, the need for pet houses will increase over time, thereby creating business opportunities for interested individuals.

See Also: How To Start A Lucrative Battery Recycling Business In Nigeria: The Complete Guide

31). Decorative Pillows Production Business:

Throw pillows are small comfy decorative pillows placed in sitting rooms, bedrooms or private offices. Beyond giving comfort to the users, decorative pillows are used to add colour to the room. They contribute to the interior texture and atmosphere of an apartment.

The toss pillow production business is an interior decoration business that can require little capital to start up.

32). Patio Decoration Services:

Although it is situated outside, a patio or veranda is a core part of the apartment. Designing the patio and veranda contributes to the overall decorative value of the home. As an interior decoration professional, you can undertake patio design.

This interior decoration business involves decorating the patio with elements such as lights, flowers, vases, and much more.

33). Wall Arts/Painting Business:

This interior decoration business idea involves making handmade or drawn art on walls. Painting is different from hanging painted art on the wall. It is one interior decoration business that requires artistic creativity.

If you’re great at making wall art, you might as well take up the wall art business and make interesting art on home and office walls.

See Also : How To Start A Lucrative E-Waste Recycling Business In Nigeria: The Complete Guide

34). Boudoir Decoration Business:

Boudoir or bedroom decoration describes the overall beautification, organization and setup of a bedroom. It is a special form of interior decoration because it incorporates some other decoration ideas and practices.

35). Makeup Shelf Retail And Decoration Business:

The makeup shelf is an important part of women’s bedroom setup. It requires special decoration to not only store and arrange the makeup kit but also to reflect the personality and taste of the owner.

Therefore, retailing and setting up a makeup shelf is a highly lucrative business that never runs out of patronage.

36). Paint Retail Business:

Investors with sufficient capital can choose to delve into the paint retail business because they are essentials in the interior décor industry. Whether at home, office, hotels or other industrial buildings, paints are in high demand in Nigeria, Africa or anywhere around the world.

See Also: How To Start A Lucrative Network Marketing Business In Nigeria: The Complete Guide

To Sum It Up

The opportunities in the interior design sector are endless for investors who can be creative with ideas and strategies. More so, there is no end in sight to the patronage as people continue to appreciate beauty and aesthetics both at home and work. If you’re looking to make your mark in the industry, you can start with any of the 35+ innovative interior decoration business ideas discussed above in Nigeria, Africa or anywhere around the world.

Trying To Secure A Business Loan? Finance? Or Investment? You can now greatly increase your chances of getting the loan/investment you need with our bank and investor ready professional MBA standard business plan writing service. Writing a bank and investor ready professional business plan can be challenging. If you need a professional and affordable business plan service, StartupTipsDaily’s MBA standard professional business plan writing service is perfect for your small business. All you have to do is request an understanding of your proposed business model, and you’d have a professional MBA standard businesses plan ready for you anywhere within 5 to 14 days. You can click here to get started with using StartupTipsDaily’s professional business plan writing service to create the perfect business plan that’d get accepted anywhere.

What are your thoughts on these 35+ lucrative interior decoration business ideas in Nigeria, Africa or anywhere around the world? Let me know by leaving a comment below.

Stan Edom

Latest articles

How To Start A Lucrative Export of Limestone From Nigeria and Africa To International Buyers: The Complete Guide

How To Start A Lucrative Export of Calcium Carbonate From Nigeria and Africa To International Buyers: The Complete Guide

How To Start A Lucrative Calcium Carbonate Production and Supply Business In Nigeria and Africa: The Complete Guide

55+ Lucrative Renewable Energy Business Ideas In Nigeria and Africa

Related articles

Popular articles

How To Start Exporting Charcoal From Nigeria To International Buyers

The Difference Between A Business Idea And A Business Opportunity

How To Start A Lucrative Duck Farming Business In Nigeria and Africa: The Complete Guide

35+ Lucrative Small-Scale Manufacturing Business Ideas In Nigeria Or Africa

Recent Articles

Subscribe to get the latest news, offers and special announcements.

© Copyright 2023 - Startup Tips Daily Media

  • Credit cards
  • View all credit cards
  • Banking guide
  • Loans guide
  • Insurance guide
  • Personal finance
  • View all personal finance
  • Small business
  • Small business guide
  • View all taxes

You’re our first priority. Every time.

We believe everyone should be able to make financial decisions with confidence. And while our site doesn’t feature every company or financial product available on the market, we’re proud that the guidance we offer, the information we provide and the tools we create are objective, independent, straightforward — and free.

So how do we make money? Our partners compensate us. This may influence which products we review and write about (and where those products appear on the site), but it in no way affects our recommendations or advice, which are grounded in thousands of hours of research. Our partners cannot pay us to guarantee favorable reviews of their products or services. Here is a list of our partners .

How to Start an Interior Design Business in 6 Steps

Eric Goldschein

Many or all of the products featured here are from our partners who compensate us. This influences which products we write about and where and how the product appears on a page. However, this does not influence our evaluations. Our opinions are our own. Here is a list of our partners and here's how we make money .

Starting an interior design business is a popular move for people who study the craft of creating a space that's both functional and aesthetically pleasing. The combination of expressing yourself and executing your vision for clients is tough to pass up, despite the obstacles that small business owners often face.

Being successful in the field of interior design requires more than just an eye for decoration, though.

Starting with the fact that interior designers require a degree from an accredited university (those without a degree are interior decorators ), they also need extensive knowledge of the materials, software applications, and structural and health codes required to build out a home or business. There is also the matter of business acumen, the ability to balance your artistic expression with the needs and wants of the client, and the time and paperwork it takes to actually start a business.

“Great design is the marriage of form and function in a balanced and harmonious whole—and staying on budget while doing it,” says Beverly Solomon of Beverly Solomon Design.

“So yes, the artist in me can often want to do things that are more challenging, out of the box, and often expensive than the client is looking for, but listening in order to understand what the client hopes you can achieve is the major skill you must develop.”

Solomon’s international firm is based just outside of Austin, Texas, on a historic farm where she lives and works with her husband, artist Pablo Solomon. She self-financed the creation of the business after working in sales and marketing for various big-name companies, including Ralph Lauren and Revlon.

Like how each interior design business has a different focus, clientele, and model—every state has different rules and regulations for opening a small business. If you've been wondering how to start an interior design business of your own, read on for the steps you'll need to follow.

interior design business plan in nigeria

How to start an interior design business: The ultimate guide

As we mentioned, setting up an interior design business is a balancing act. As a creative, your ultimate goal is to create a business where you can use your eye for design on a daily basis. But before you can pursue your passion in the form of a legal business, you'll have to complete some tasks. Let's take a closer look at what you need to do to open an interior design business.

Step 1: Choose your business name and structure

Once you're ready to start an interior design business, you'll first need to choose a business name and decide what kind of business entity you want to use. It may be tempting to put one or both of these things off, but they will be necessary to continue with the following steps of starting an interior design business.

Luckily, most interior designers use their own names as their business name, which may increase the likelihood that your name is available for use. Either way, you will want to check the availability of business names in the state where you'll be operating your interior design business, which can typically be done through the website of your secretary of state.

After confirming that the name you want is available, you'll likely be able to reserve this name for a specified time period while you gather the other items necessary to officially register your business.

At this stage of setting up your interior design business, you'll also need to choose a business entity, such as a sole proprietorship, LLC, or corporation. The business entity you choose will affect your company's business taxes, as well as the level of risk you're exposing yourself to if any legal issues arise.

It will also depend on whether you're starting your interior design business yourself or with a partner. We recommend consulting a business attorney if you're unsure which entity to choose, as they can guide you in the best direction for your specific needs.

How much do you need?

with Fundera by NerdWallet

We’ll start with a brief questionnaire to better understand the unique needs of your business.

Once we uncover your personalized matches, our team will consult you on the process moving forward.

Step 2: Prepare and plan for your interior design business

The next step in starting an interior design business is to create your business plan. A business idea is just that, an idea, but your business plan shows exactly how you plan to take that idea and turn it into a profitable business. Not only is a business plan a vital tool for you to use as a roadmap when your interior design business is starting out (and continuing to grow), but it's also necessary if you plan to seek funding, as banks or investors will want formal documentation that you have a plan for how to turn a profit.

As such, your business plan will include everything from an overview of your company's leadership team and legal structure (which is why we chose a business entity in Step 1) to a market analysis and plan for how you'll market your own company, rundown of the exact types of services you'll offer as an interior designer, and (most importantly to potential investors) a financial plan with at least three years of financial projections.

If this is your first entrepreneurial endeavor, a business plan can seem overwhelming. The good news is you can use a business plan template or business plan software to make the process easier and ensure you're not leaving out any important information.

One part of the business plan for your interior design business that you can really build out is your plan for supplies, customers, and how you'll generate hype around your new interior design business so you can turn a profit.

Tips to connect with suppliers, customers, and media outlets

Interior design is an industry-driven by connections. You’ll need them to find your clients, to market yourself, and to establish fruitful relationships with suppliers of materials and furniture. And this is a key part of planning for your interior design business.

“I began my business by basically selling the art of my husband to high-end clients. When they began asking our design advice on various projects, I saw an opportunity,” says Solomon. “I decided that I wanted to use my expertise, experience, and connections from working with the major designers to start my own businesses.”

Solomon says that creating connections with the media has helped her in everything from marketing her interior design business to letting her set the price point.

“In art and design, you're selling your abilities, but what really sets the price you can get is your name recognition,” she says. “I knew from my days in sales and marketing that the place to focus was on name recognition. So we concentrated on building relationships with those in the media who could put our names out there.

“One of the secrets to our success has been working with writers, publishers, photographers, filmmakers, and producers to create symbiotic relationships that have resulted in their getting good information, interesting stories, illustrations, photographs, connections, and advice. In return, we've gotten literally hundreds of thousands of dollars of free publicity and built strong name recognition.”

Another common way to leverage connections is to form relationships with manufacturers in order to get the best deals on products or when buying in bulk. If you find yourself drawn to a company that builds in a similar style to your own, you’re in good shape—but don’t hamstring yourself, Solomon advises.

“Teaming up with various furniture stores and manufacturers can be as tricky as it is rewarding. Make sure that you're finding a good match, and not just a deal out of desperation. Pushing products that are absolutely the best for your client is a good thing, but pushing crap can ruin your reputation,” she says.

Thinking through your own strategy to form connections and market your interior design business should be included in your business plan, both for your own reference, as well as to show potential investors you're serious about your business.

Step 3: Register your interior design business and get an EIN

The next step in starting your interior design business will be to use the name you secured in Step 1 and register your business. The registration process varies in each state, as does where and how you'll register your business .

Some states will allow you to register online while others require you to submit forms via mail. In most states, you'll likely deal with the secretary of state's office, while other states specifically have branches of government for small businesses.

You should also register your interior design business with the IRS and apply for an employer identification number, or an EIN. This can take a matter of minutes online and you could be approved right away.

There are a number of benefits of getting an EIN, even if it's not required for your business. For instance, it makes it easier to file your business taxes, get credit reports, hire employees, open a business bank account, and more.

Step 4: Obtain any licenses or business permits

You're now well on your way to setting up an interior design business. Once you've registered your business, you're ready to obtain the appropriate business licenses or permits. Like the registration process, this will also depend on where your interior design business will be located and which government regulations apply.

Depending on where you're located, you might need to meet specific interior designer license benchmarks as well: 24 states have passed interior design legislation to this effect.

Check with the Small Business Administration or your local chamber of commerce to see which city, county, and state permits you need to start your interior design business. You might also need a sellers permit and sales tax license, and if you have employees, you’ll need a federal employer identification number for tax purposes as well (if you didn't already set this up in the previous step).

Step 5: Open a business bank account and get a business credit card

The next step in starting an interior design business is to set up a business bank account and business credit card . Not only will this help you establish business credit, but it will also be vital to keep your business expenses separate from your personal spending for tax and funding purposes, as well as just more easily be able to manage your business finances.

While you may be tempted to go with the same bank that you have a personal account with, don't assume this is your best option. Business banking needs are different from your personal ones, and you'll want to consider things like minimum balance requirements, monthly fees, how many monthly transactions you'll be allowed, your need for ATM access, and more when choosing a business bank account.

The majority of businesses will benefit most from a business checking account , but if your interior design business starts making a profit and you can keep that money in a bank account instead of investing it back into the business, you may also consider a high yield savings account to help your money grow.

Likewise, you will want a business credit card that's separate from your personal one so you can easily keep track of your business expenses. Again, you'll want to consider what you need from a business credit card before choosing the best one for you.

Credit cards with a 0% introductory APR can be an especially appealing option for businesses that are just starting out and may not yet qualify for funding options. With these types of cards, you can purchase bigger items for your business upfront and pay them back without interest. Just make sure if you do opt for this strategy that you're aware of when the 0% APR offer ends and are confident that you can pay off your balance by that date.

Step 6: Explore funding options

As you consider the finances of your interior design business, you may find you need additional funding to get your business off the ground. The saying, "You need to spend money to make money," rings true for new businesses—especially in an industry like interior design where each project will require you to spend a significant amount of money on materials and supplies, while you may only receive payment once the job is completed.

Exploring your business loan options is a good idea to see what possibilities you have and what solution you can find for your business. You may find a startup loan is right for you, or a line of credit or invoice financing may be a better fit.

You should also think carefully about what parts of your business you will spend the money on, as well as how much you need and a plan for how you'll pay it back.

How to Iinvest in the basics

As Solomon advises, you don’t necessarily need to invest in an office space, especially when first starting out. There are other basics that you’ll need first, including:

Fabric samples and design accessories: Sample books with various styles, colors, and textures will help you and your client better understand each other’s vision for their space.

Room decor: Whether your office is on the main street in town or your home, having pieces from different manufacturers and collections gives your clients an understanding of your range, as well as ideas for their own project.

Professional group memberships: For example, joining the American Society of Interior Designers (ASID) gives you access to marketing and development advice and tools, professional education opportunities, and other benefits that depend on the regional ASID office. Mentorships and advice from those already established in the industry are especially valuable when you're first starting your interior design business.

ZenBusiness

Start Your Dream Business

How to start an interior design business: The bottom line

“Never forget that interior design is as much about how the client wants a space to feel as to how the client wants it to look ,” says Solomon.

This speaks to the fact that interior design is a unique business: It asks owners and directors to balance their own need for artistic expression with both practical logistics and the requests of the client. It's a complicated job, to be sure.

There’s plenty of the usual responsibilities that fall to small business owners in interior design—coordinating marketing efforts, hiring and managing employees, controlling inventory, and monitoring the supply chain. But there’s also the added element of creating the spaces in which people work, live, and play—a powerful form of expression that for many will be worth the challenges.

This article originally appeared on JustBusiness, a subsidiary of NerdWallet.

On a similar note...

One blue credit card on a flat surface with coins on both sides.

interior design business plan in nigeria

  • +234 806 420 3109
  • +234 806 420 3109 +234 806 420 3109 -->