Interior Design Inspiration

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Browsing Posts published in October, 2008

ROI, or “Return On Investment,” is a key financial measurement that correlates the cost of business expenditures to their actual value in the “real world.” Generally, ROI is expressed as a percentage, or the ratio of net benefits over costs. This is a common formula for Return On Investment:

ROI = [(Documented Monetary Benefit - Cost of Marketing) / Cost of Marketing] x 100

Let’s look at a simple example. Let’s assume a six-month marketing campaign cost $2,000.00, but resulted in $8,000.00 in profit. $8,000.00 – $2,000.00 = $6,000.00. $6,000.00 divided by $2,000.00 is 3, which calculates to a 300% ROI after multiplying it by 100.
The lower the cost and the higher the benefits, the larger your ROI percentage will be, which – all else being equal – is better of course. Enough with the math! The most important thing for every business owner – from a one-person LLC to the board of directors for a monster corporation – is maximum return for every dollar invested in marketing.
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If you are in any way interested in becoming a home stager or interior redesigner, there’s a good possibility that you’re constantly redecorating your home and/or working on a new home improvement project.

When you have a natural talent for decorating, the urge to decorate is always there.

Whether or not you have any intention of redecorating any part of your home in the near future, I suggest you start photographing anything you don’t like right now, even if you’re only in the early staging of dreaming about starting your own home staging business. Whenever you’re in a room or a corner in your home (the basement, attic, laundry room, spare bedroom, kitchen, bathroom, home office, junk room) that makes you cringe, take a picture.
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