Graphic Design Business: Most profitable business I know
There is consistently high demand for graphic design services because stellar graphic design can be a market differentiator.
In the age of digital marketing and Instagram-friendly advertising, a company’s graphic design is arguably more important than it ever has been.
How profitable your graphic design business depends on how much labor you’re putting into the projects compared to how much you’re charging.
On average, graphic designers can earn from $15 – $35 per hour, depending on their experience.
Thankfully, graphic designers can run highly profitable companies due to low overhead. But they can also fall victim to scope creep and other revenue-eating practices. To ensure maximum profitability, build your business model to target higher revenue/lower labor projects.