10 Tips for Commercial Office Renovation Success
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Renovating a commercial office space is a big endeavor. There is a lot that can go wrong, so you need to make sure you have an experienced office construction contractor on your team who knows precisely what to do. Here are top tips for ensuring a successful commercial office renovation.
1. Identify Your Objectives for Your Commercial Office Renovation
You need to ask yourself some questions before starting. What do you hope to gain out of the new space? Will the value be maximized? You also need to determine why it is necessary to do these renovations right now.
2. Hire Qualified Contractors
Before hiring a commercial renovation contractor, you will need to see portfolios. You should also ask for a list of references to get a better sense of quality. You also need to make sure the construction team has its own insurance plan or else you are liable for any injuries.
3. Familiarize Yourself with Common Problems
The renovation team will not know about potential problems until they start remodeling. Therefore, you need to learn about common issues and how much it costs to remedy them. You need to plan accordingly, which involves setting aside extra money just in case.
4. Have a Contingency Budget
You should have enough money saved up for the estimate the contractor provides you. However, your actual budget should be 10 percent higher. This is for any unexpected expenses that arise. You do not want to pause the project so that you can raise the necessary funds.
5. Create a Realistic Schedule
Your office construction contractor should provide you with a solid timetable of when the project will be finished. Ideally, you will hire someone who keeps you in the loop every step of the way. You should expect delays and see if your business can be hampered for that long.
6. Find Economic Incentives & Benefits
You may be able to find local financing or tax incentives to renovate a commercial building. These incentives most often apply to second-generation buildings. You may attract additional incentive packages if the remodeling will allow you to hire extra workers.
7. Capitalize on the Building’s Strengths
As you determine what to renovate, you should first figure out what the building does well already. Does it already bring sufficient daylight into the building? Does it need better floor-to-ceiling height? Once you know the strengths, you can focus on the weaknesses.
8. Focus on Sustainability
Regardless of the business, everyone needs to do their part for the planet. Commercial property owners should look into installing more energy efficient systems into a building. This can include Energy Star appliances and LED lighting systems.
9. Enhance Curb Appeal
First impressions are vital to any business. In addition to renovating the building, you should also focus on the front yard. You should consider freshening the signage or planting some climate-appropriate flowers. This lets passersby know your building is up-to-date.
10. Avoid Doing Everything at Once
You may want to completely renovate a building, but it may not be feasible to do everything at once. You only have so much money set aside, so you should focus on what is most important to the property. You can save smaller projects for later once you redo most of the commercial space.
Whether you need to remodel an office building, restaurant, salon or hotel, you should hire professionals from Tech 24 Construction. Our contractors will work with you to bring the space into the 21st century. You can learn more by contacting us today.
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