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Best of all, floristry is the kind of small business you can easily run online, from the comfort of your own home. Aside from picking out the right flowers and figuring out your USP, though, there's a whole host of business factors you'll need to consider to make sure your company really thrives.
Running a flower business can be a highly profitable endeavour. Once you wrap your head around pricing, see the value in managing your costs, learn marketing, and conquer sales, you'll start to see a lot of money in your bank account.
The Facts of Florist Salary Estimates According to the U.S. Bureau of Labor Statistics (BLS), the median floral design salary is reported as $29,140 as of May 2020 (1). However, this information isn't based on the full spectrum of earning potential for floral designers.
But the majority of florists most likely bring in $200,000 or less in annual sales, Goodman says. That would add up to $20,000 in salary and a possible $20,000 profit.
On average, some starting freelancers will take $15.00 an hour, and experienced designers can get $30.00 an hour and up.
Here's what should be included: List of rental items the florist will supply, such as vases, candles, linens and chairs. Setup details for the ceremony and reception. Delivery info for bouquets and boutonnieres. Name of florist who will be on hand during the wedding.
You love flowers and working with people and now you're thinking if you can make money as a florist. The short answer is yes. You can make really good money as a floral designer. But I also know my experience hasn't been everyone else's experience.
Roland Davies of the British Floristry Association quotes £15,000 as an average salary. Qualified florists can earn £25,000 a year as managers; freelancers in London get up to £12 an hour. Many work part-time.
By following the industry standard formulas as taught in Flower Math, florists routinely attain 70% profit margins on the cost of flowers and supplies, however, your total profits will be based on what you spend above and beyond the cost of flowers and supplies.