2010 2nd 100 Giants
-- Interior Design, 7/1/2010 2:26:00 PM
Page 2 of 2
% of Fees by Project Types | ||
2009 Actual Fees |
% of Fees |
|
Hospitality |
$89,380,554 |
33% |
Corporate Offices |
$82,188,354 |
30% |
Residential |
$26,914,553 |
10% |
Healthcare/Assisted Living |
$25,564,559 |
9% |
Educational |
$18,096,090 |
7% |
Retail |
$14,919,462 |
5% |
Government |
$7,166,453 |
3% |
Cultural |
$2,067,860 |
1% |
Transportation |
$752,415 |
0% |
Other |
$6,248,012 |
2% |
Total: | ||
|
|
|
|
|
Hospitality |
$94,903,179 |
33% |
|
Corporate Offices |
$86,003,987 |
30% |
|
Residential |
$26,427,588 |
9% |
|
Healthcare/Assisted Living |
$28,073,195 |
10% |
|
Educational |
$19,288,330 |
7% |
|
Retail |
$11,946,553 |
4% |
|
Government |
$11,509,108 |
4% |
|
Cultural |
$2,134,908 |
1% |
|
Transportation |
$658,220 |
0% |
|
Other |
$7,965,580 |
3% |
|
Total: |
$288,910,649 |
100% |
|
|
|
|
Principals/Partners |
$130,000 |
$200 |
|
Project Managers |
$84,800 |
$145 |
|
Designers |
$60,000 |
$110 |
|
Other ID Staff |
$45,000 |
$90 |
|
|
Creating new business/Diversifying into new services/segments |
81% |
Marketing firm's capabilities |
43% |
Offering staff appropriate pay scale and benefits |
27% |
Training staff |
20% |
Recruiting qualified staff |
16% |
Keeping track of profits and expenses |
14% |
Retaining qualified staff |
8% |
Business Issues |
|
Downturn in economy |
87% |
Earning appropriate fees |
68% |
Dealing with clients' increasing demands |
46% |
Increasing interference from client's consultants |
16% |
Creating cutting edge design solutions |
9% |
Managing the growing needs for sustainable design |
9% |
Managing vendors |
5% |
Client Issues |
|
Finding new clients |
74% |
Client's willingness to pay what it's worth |
57% |
Getting clients to understand design value |
48% |
Client's willingness to take design risks |
22% |
Managing client expectation |
16% |
Retaining current clients |
15% |
Handling micromanaging clients |
15% |
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