Creativity is at the core of every successful designer. Developing business skills complements your creativity and supports long-term success as a designer. You might have an excellent portfolio, be familiar with various software, and possess a distinct design style. Yet, you could still struggle with managing projects, dealing with clients, or even working as a freelancer.

Designers often work as freelancers, in small studios, or on in-house design teams. In these roles, designers must make business decisions beyond their creative output. They need to consider contracts, time management, pricing, and financial organization to build a sustainable career.

Business skills complement creative skills, helping designers to manage their careers to achieve their objectives. The key point of business skills for designers is to create structures to support creativity, freeing up time to pursue work that inspires them.

Understanding the Value Behind Your Creative Work

One of the greatest challenges for designers is understanding how to charge for their work. Often, designers underestimate the time, effort, and thought they put into a project. That’s why designers often start too low and end up losing money on projects.

When it comes to pricing your work, it’s not just the time you spend creating a design (even though that’s a big part of it). It’s also the time and effort you put into research, communication, amends, software, equipment, and using your experience and problem-solving skills to complete the project.

Designers also need to understand the many ways they can charge for their time and skills, such as hourly rates, project-based work, retainers, and more. Each model suits particular types and sizes of clients and design projects, helping designers meet their goals and charge what they’re worth.

Managing Finances as a Creative Professional

Another difficult skill for designers to master is organizing the finances of their creative work. Unlike employees with fixed incomes, creatives work with irregular, unpredictable cash flows from their projects. As a result, they often have to pay for a variety of business-related expenses on an irregular basis.

Creating a simple financial system to monitor expenses, save for tax, and set savings goals for things like education or other future opportunities can provide great benefits. Using technology to track cash flow and design a system to monitor a designer’s monthly income can make decision-making easier.

Technology can play an important role in helping designers better understand their finances and make more informed decisions about their creative businesses. From reviewing past spending patterns to organizing future goals and evaluating different financial options, digital tools can provide valuable insights throughout the planning process. Designers who want additional support in organizing their financial priorities can explore an AI financial planner to help evaluate their options and approach money decisions with greater clarity.

Again, the AI’s goal is to supplement personal judgment and provide insight rather than act as the individual’s financial planner. Understanding one’s current cash flow and making informed decisions about spending and investment (including the value of time to complete a project) will continue to help the creative professional grow their entrepreneurial pursuits and maximize the value of his/her time.

Learning How to Communicate With Clients

Strong communication is one of the most valuable skills a creative entrepreneur can develop. Often, designers create wonderful work, but clients may perceive it negatively because expectations were unclear before the project began.

The more successful designers understand the importance of questioning a client to better know their needs, goals, and constraints and thereby deliver better solutions that fulfill their objectives and help avoid costly changes and ‘reworks.’

Communication of the creative process is also key. Clients generally don’t understand the design principles designers use to create concepts and objects. By clearly explaining the thought process behind the creative choices made, the designer can build trust with the client and prove his or her value as a creative expert.

Building Systems Instead of Relying Only on Motivation

Consistency forms the core of effective daily business practices. Developing repeatable systems and practices to manage client projects, recordkeeping, communication, and deadline monitoring will significantly improve the daily productivity of creative entrepreneurs.

Creating processes for designing and managing repeat work helps free up time for more creative endeavors. As designers take on more work and build their creative businesses, they need more efficient systems.

Incorporating administrative tools into your design work does not have to stifle creativity. Instead, it can complement your work and streamline the processes to reach your goals.

Thinking Like a Business Owner

As you grow and mature as a creative professional, you will also need to move from thinking of design as a service that you provide for others to thinking of your design in the context of a larger business.

Marketing your work, building relationships with current and past clients, identifying opportunities, and running your creative business like any other business are key skills for a creative entrepreneur to build and master to ensure they can build a sustainable career designing.

Even as a creative artist, your skills can provide you with great freedom. You can live and work wherever you like, earn the money that you want, and pursue projects that are meaningful to you. However, you can achieve this only by understanding how to run a business and manage your finances. By building systems to support your creative endeavors, you can unlock your full potential and achieve your goals as a designer.

About the Author

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Peter Makeshoff

Peter Makeshoff is the founder and main author of Designer Daily.