ID 451 - Business Principles in Professional Practice

3 Cr. Hrs.

This course presents an investigation of business, legal and ethical aspects of professional practice in Interior Design. Emphasis on developing a mission statement, code of ethics, identity package/branding; business plan, strategies for marketing and business development; project management techniques, personnel management practices, methods for determining design fees; business formations and organizational management, preparing design contracts; product pricing considerations, contract documents and specifications; contract administration, working with trade sources, and financial accounting and management, employee personnel management practices and employee professional development ,and continuing development for NCIDQ certification ,and professional organization affiliation (IIDA,ASID).
Prerequisite(s): ID 101, 151, 152, 251, 252, 253, 254, 255, 350, 351, 352, 353. Corequisite(s): ID 352, 355.