How to Decide if You Can Afford to Remodel Your Business

Posted on March 4, 2022 by bafcorp20

When it comes time to seriously consider a commercial remodeling project, the key and communal question is, “can I afford a remodel right now?” If you are asking yourself whether or not you can fit a remodel into your current budget, you are not alone. For this reason, it is helpful for you to become more familiar on all that is required of you financially for your particular business remodeling goals. This will help you develop a rudimentary cost estimation, which will tell you if you can afford to remodel or not.

Continue reading to learn some considerations for achieving accurate cost foreseeability and budget analysis for a desired commercial business remodeling.

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Fitting a Remodel into Your Company’s Budget

Financing

When you are sweating the upfront investment of a commercial office or business remodel, don’t. Many commercial contracting companies are willing to offer flexible financing packages and incentives that help business owners fit a remodel into the budget and ultimately, add value to their property. Whether interior or exterior, commercial construction financing can be the answer to your business remodel or renovation concerns. Take note that some commercial general contractors do not offer financing options. But there are still other types of financing options that may be available to you.

Loans and Refinancing

Banks are eager to help business owners succeed. Many will agree to provide a business equity loan for commercial remodeling purposes, especially if your business already has good credit and credit history. And don’t forget about property owner equity lines of credit, business equity loans, second mortgages, and even commercial contractor loans.

Talk to your banker to learn which, if any, loan options you qualify for, or your options for refinancing your business’s credit agreement. They will be able to examine your financial portfolio and make full-informed recommendations with your best interests in mind. You may even want to consider a separate company for a business equity loan or lines of credit.

Tenant Improvement Allowances

Tenant remodels and leasehold improvements are much different from conventional commercial construction projects since they are intended to be an investment for a business owner. Tenant improvement (TI) allowances are sums of money made available to tenants by the landlord to cover some of the cost of needed remodeling work. Such allowances are usually stated on a per-square-foot basis, and most common for new spaces since more renovations are needed to finish the project. Check with your commercial management company or landlord to see if you have TI benefits.

Seek Out Professional Advice From a Commercial General Contractor

Talk to an experienced commercial construction company in Indiana to determine how to plan and organize your remodeling budget. An Indianapolis commercial general contracting team will be able to help you find affordable alternatives and cost-cutting advice that will get you the upgrade your business needs!

Are you looking for superior commercial remodeling in Indy, but you are not sure where to begin? Contact BAF Corporation at 317-253-0531 for superior commercial general contracting services in Indianapolis, Indiana. We work with clients all throughout the state.

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Important Repairs to Make Before Listing Your Commercial Office Space

Posted on February 1, 2022 by bafcorp20

There is really no limit to the number of repairs you can make to your commercial office space for the purpose of increasing its appeal to potential tenants. However, making all of these renovations is not realistic, nor is it in the budget. Instead, it is wiser to pick and choose the most effective repairs you make to maximize your cost-savings and return on investment.

Continue reading to learn the recommended major and minor repairs to consider before officially listing your commercial office space on the real estate market.

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Minor Repairs for Commercial Spaces

Turn-Key is the Goal

Commercial tenants are almost always looking for a turn-key property. If they aren’t, they are still always impressed by a freshly renovated and refreshed office space. For these reasons, repairing minor drywall damage and repainting your commercial office space are fantastic and profitable investments. Such renovations will make your commercial property more appealing to potential tenants.

Interior Paint Colors

When choosing paint colors, be sure to stick with neutrals, like beige, taupe, tan, and gray. These colors are more inviting and open up small spaces, but also allow potential tenants to imagine their personal touch. Furthermore, neutral colors are more calming for staff, which can improve employee contentment, and ultimately, employee productivity. All of these benefits are appealing for business owners looking for new commercial office space.

Fixtures and Focal Points

It is important to address any opportunity for improvement when it comes to the hardware, fixtures, and focal points of your commercial space. Floors and carpeting are often the first thing people see when they check out a new rental space. Steam cleaning all carpets and buffing or waxing the floors are excellent and effective strategies to enhance the appeal of a listed property.

Additionally, consider replacing or upgrading hardware on cabinets, plumbing fixtures, light fixtures (both interior and exterior), outlet covers, and intercoms. These small modifications can have a significant and lasting impression on a potential commercial tenant.

Exterior Building Care

As soon as a potential tenant approaches your building or office space, they will form an opinion before entering through the doors. Curb appeal plays an important role in attracting new commercial tenants. Consider exterior renovations like power washing the siding, exterior, and localized pavements, as well as a fresh exterior paint job, landscaping additions, and perhaps even new signage.

Major Renovations for Commercial Spaces

When it comes to selecting the most important or profitable major commercial office renovations, it is best to consult a commercial general contracting company in Indiana for an accurate assessment of your property. Safety is the number one concern, followed by liability and investment protection. This means it is important to fix anything that can jeopardize these areas in the short or long run.

Examples include roof repairs, siding repairs, plumbing repairs, crawl space and attic repairs, foundation repairs, and water leaks. Additional areas to examine when it comes to major commercial building repairs and renovations include security installations, fire suppression systems, touchless technology, electric gates, parking lots, parking garages, fencing, patios, underground pools, lawn drainage, container service, and wildlife control.

Professional Commercial Office Remodeling and Renovations

Once you decide which repairs are most important to your property, it is time to hire a professional Indianapolis commercial general contractor for all your commercial construction and facility maintenance needs. Be sure to choose a licensed and insured commercial remodeling company with sufficient experience in the building and construction industry. They should have the knowledge, skills, and resources to undertake your commercial renovations, plus complete the job in a time frame that is convenient for you.

Are you ready to spruce up your commercial space and attract new tenants? Contact BAF Corporation at 317-253-0531 for superior commercial office construction in Indianapolis, Indiana. We work with clients all throughout the state.

Facts About Commercial Contractor Accident Liability

Posted on January 25, 2022 by bafcorp20

Whether you are a landlord, building owner, or commercial real estate developer, it is important for you to understand commercial construction accident liability in the case that an unfortunate incident ever occurs during one of your appointed projects.

Continue reading to learn some important facts about commercial contractor accident liability, plus who to trust in Central Indiana for safe and superior commercial general contracting and construction services.

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Construction Safety Standards

When you are searching for construction companies in Indianapolis, it is important to keep a priority list on hand to ensure you are choosing the right commercial contractor for your project. A well-established and skilled commercial construction company will have the best internal safety codes, workmanship standards, industry acumen, and most importantly, sufficient insurance coverage, all of which protects all contributing and involved parties from accident liability and potential lawsuits. Essentially, hiring a trusted and experienced commercial construction and general contracting company is the secret to protecting yourself from any sort of problems with your project.

Contractor and Client Liability

In the case of an accident on the job site, whether bodily injury or property damage, it can be unclear as to who the liable party is. Let’s say a contractor falls off his ladder and breaks their legs. Is the contractor or client responsible for the subsequent hospital bills and related losses? Perhaps your builder accidentally drops a wrench and breaks your car windshield. Who is liable for the auto repairs? Maybe a subcontractor hired by the primary contractor is injured on the job. Who is liable then?

Here is what you need to know:

No matter if it was your contractor who suffered losses or yourself as the client, it is best if both parties are insured for such occurrences. However, most insurance policies do not fully cover serious injuries or property damages. So, it may be worth your time to research gap insurance coverage options.

Here is what you need to do:

Before moving forward with any type of construction work, check your insurance coverage. Identify details regarding injuries on your property. Be sure your commercial contractor is licensed and insured. You can request to see proof of their general contractor liability insurance, which they should have.

Their insurance policy should cover property damage, bodily injury, workers’ compensation, and any type of accident that involves the contractor’s equipment, like ladders and machinery. All hired subcontractors should be held to this same standard.

Are you looking for a trusted and respectable commercial general contracting company to perform your business remodeling or real estate development projects in Indiana? Contact BAF Corporation at 317-253-0531 for superior commercial construction services in Indianapolis and its surrounding counties.

Important Information About Forklift Safety

Posted on January 21, 2022 by bafcorp20

Whether in a big box store or a construction zone, forklifts are common machines used to lift heavy items, palettes, materials, and more. But without proper training, knowledge, and discipline, operating a forklift can be very dangerous, to both the operator and surrounding peers. Since there are various vocations and job positions that require forklift knowledge and operation, it is a standard certification sought out within the workforce.

If you work with forklifts regularly, or have a staff under your supervision who does, it is vital to ensure that the proper, industry-standard forklift operation safety practices are upheld at all times to prevent serious accidents and injuries.Continue reading to review the top safety tips you should know and practice when operating a forklift; then share this knowledge with your fellow teams.

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Top Forklift Safety Tips

Forklift Safety Training

The most fundamental safety tip for operating a forklift is to have the proper training and certification. Anyone who has not undergone official forklift safety training should not be permitted to operate a forklift under any circumstances. Whether gas, electric, 3-wheeled, or rough-terrain, forklifts are serious machinery, and they require acute knowledge on operation and safety. We recommend to visit Forkliftlicenseguide.com for details on earning your forklift certification in Indiana.

Forklift Inspections

Forklifts, like all pieces of powered machinery, require regular inspections and routine maintenance in order to ensure they are in good condition. Aside from regular inspections, forklift operators should make it a habit to always perform a brief assessment of the machine before each use. Check the brakes, steering, lights, signals, tires, and more, to determine if the forklift is ready or not.

Forklift Operation

When operating a forklift, there are several safety rules to adhere to. Some of the most important are the ones that are often overlooked. For instance, always be sure to maintain a safe speed when driving a forklift. Although they seem slow, it is easy to lose control in a small space. Additionally, it is important to wear the proper gear and clothing when operating a forklift, including eye goggles, work boots, hard hats, reflective vests, and more.

Forklift Load

If a load is not fully-secured or stable, it can cause a wide range of serious accidents and injuries. Can you imagine if a palate of timber fell on top of someone? So, it is vital to ensure that all cargo is secured and balanced on the forklift before operating it further. Check on the weight distribution and levelness to avoid topping, falls, spills, and more.

Are you looking for professional commercial builders in your area? Contact BAF Corporation at 317-253-0531 for superior commercial general contracting services in Indianapolis, Indiana. We serve commercial and industrial clients all throughout the state.

3 Advantages of Commercial Construction Administration Services

Posted on January 7, 2022 by bafcorp20

Whether a developer or client of a real estate development company, at some point in the planning process you’ll be faced with the decision of using commercial construction administration services, also referred to as construction management. What can the services do for you in euro project question were continuing to learn the top three vintages of commercial construction administration services.

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Commercial Construction Administration Services

Commercial construction development is a significant investment that poses various inherent risks, in terms of cost and legal liability. For this reason, it is important to appoint a commercial construction manager to deliver steadfast commercial construction administration services. Their job will be to oversee the entire design and build process from start to finish.

This includes ensuring that all specifications for design, mechanics, building codes, and construction safety are all met with the utmost professionalism and craftsmanship. A commercial construction manager will make sure that all laborers, including general contractors, subcontractors, independent contractors, vendors, and more, are meeting their professional expectations and not making any poor decisions that can jeopardize the building process or the future of the business’s success.

Overall, a commercial construction administrator or manager can ensure that your development goes according to plan and that all issues are handled with urgency to protect budget and scheduling.

3 Reasons to Hire a Commercial Construction Manager

Commercial construction administration services are capable of delivering a wide range of benefits. For starters, they can help you…

❶ Better Understand and Control the Construction Process

Why are commercial construction administration services beneficial? Not only can they make it easier to navigate the preconstruction and building process, but they can improve efficacy during each phase of construction. This will help you better communicate with contractors, manage costs, amend design specifications, ensure construction site safety, and much more.

❷ Make Design Amendments Easier

Part of the commercial construction process is anticipating unanticipated setbacks and delays. For instance, if you are renovating a commercial distressed asset or preexisting building, you might run into some obstacles that require a design change after already setting up all building codes and permits. When working with a commercial construction manager, you can make changes to the original design and building plans with ease and urgency. This helps to reduce any cost increases that come along with making design changes mid-way through the construction process.

❸ Simplify Contractor Payroll

Commercial developments are generally larger-scale operations, and therefore, tend to involve a long list of contractors, subcontractors, engineers, architects, suppliers, designers, vendors, and more. Making payments as needed for all labor, resources, and materials can become a full-time job. You can streamline contractor payments by appointing a commercial construction manager to do the job for you. They ensure that all laborers are paid on time in the qualified amount, and that all materials and supplies are procured according to budget and construction schedules.

Are you looking for a trusted commercial manager who can deliver outstanding results for your business remodeling or real estate development project in Indiana? Contact BAF Corporation at 317-253-0531 for reputable commercial construction management in Indianapolis and its surrounding counties.

Cost Cutting Advice for Commercial Renovations

Posted on December 10, 2021 by bafcorp20

Whether business owner or real estate developer, cutting costs is always a top priority. When it comes to planning important commercial renovations, the resolve couldn’t be more valid. There are many ways to save money on commercial remodeling work, so long as you have the right knowledge and resources. A qualified and seasoned commercial general contracting company can help navigate all aspects of your commercial renovation needs, regardless of size or scope. They are also there to give you the direction if you are not yet ready to move forward with planning or construction.

In addition to consulting with a professional, you can review the cost cutting advice for commercial renovations, below.

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Your Top Priority is to Choose a Qualified Contractor

The best decision you can make for your commercial renovation is the Indiana commercial construction company you hire. The skills, knowledge, insurance coverage, resources, and quality control standards of commercial general contracting businesses vary greatly. It is important to do your research and take your time speaking with difference companies before moving forward with contracted work.

With the right team of professionals on the job, you can rest assure that your renovation will be implemented with the most precise budget analysis, cost foreseeability, and procurement control strategies. Optimize your budget with professional commercial construction services.

Be Reasonable and Realistic When Setting a Budget

Although many might not realize it at first, budgets tend to be formed with a heightened degree of hope, wishful thinking, and justification. But if you really want to cut costs during a commercial renovation, it is important to be realistic about your budget from the start. This rule includes adding in an extra allowance for unanticipated expenses. As mentioned, your reputable commercial construction company can facilitate budget analysis and generate cost foreseeability charts to sure your budget is reasonable and most importantly, viable.

Recycle and Reuse Building Materials

Resourcefulness is cost-effective, no matter how you apply it. For commercial renovation cost cutting purposes, consider reusing as many existing materials as possible, so long as they are up-to-code and fully-salvageable, like HVAC systems, plumbing, furnishings, windows, and doors. Additionally, recycling leftover building materials, like plumbing fixtures, piping, rebar, copper wiring, metal roofing, metal siding, and generators can bring in some extra cash, which can reduce your total expense for the renovation.

Are you searching for professional commercial general contractors for your business remodel or renovation? Contact BAF Corporation at 317-253-0531 for qualified commercial general contracting in Indianapolis, Indiana for commercial remodeling you can trust.

A Brief Explanation of Cubic Yard Calculations

Posted on November 19, 2021 by bafcorp20

Imagine a box that is 1 yard high, 1 yard wide, and 1 yard deep. Now imagine that the space inside is filled with liquid. Right now, you are imagining the exact measurement of one cubic yard, it is the volume. Essentially, you can remember a cubic yard as a cube that measures 1 yard in all directions. If you are preparing for commercial construction work, such as carpentry, masonry, or general remodeling, it is important to understand cubic yard calculations.

Continue reading to learn how to measure cubic yards accurately, as well as some common materials typically measured using this system.

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Facts About Cubic Yard Measurements

A cubic yard is the volume of space or mass that fits inside a space that measures one yard wide, by one yard deep, by one yard high. Cubic yards are used frequently to measure all sorts of materials. Some of the most common materials and projects measured in cubic yards include concrete, mulch, soil, compost, gardens, patios, pools, parking lots, and more.

How to Measure in Cubic Yards

In order to properly measure your needed materials in cubic yards, all dimensions must be converted into the same measurements first. Here are the basic increments you need to know to do this correctly:

▷ 1 Cubic Yard = 27 Cubic Feet (3’ x 3’ x 3’)
▷ 1 Cubic Yard = 46,656 Cubic Inches (36” x 36” x 36”)

Here’s an Example:

As an example of how to apply this math, imagine that you are on the market for enough concrete to fill a slab that is 6 inches thick, 12 feet long, and 12 feet wide. In order to calculate how much concrete mix you will need, you must first convert everything to a common dimension.

In this case, feet would work best. This means that 6 inches would convert to ½ a foot, or 0.5 feet, and the rest would stay the same. Then you would simply multiply all three values together to find the number of cubic feet, like this:

0.5 x 12 x 12 = 72 Cubic Feet

Continue by dividing the answer to the above equation (72 cu. ft.) by the number of cubic feet in a cubic yard (27 feet) to get the right amount of material you need in cubic yards, like this:

72 ÷ 27 = 2.67 Cubic Yards

So, you will need 2.67 Cubic Yards of concrete to fill your slab.

Hire a Commercial Construction Company for Precision Work

When it comes to remodeling your business, it is important to ensure that you are using precise specifications and top-quality materials. In order to achieve this level of superiority in the building and construction industry, it is wise to hire an Indiana commercial construction contractor before you even get started with planning.

Specialized commercial general contracting teams can provide space planning and permitting services, as well as preconstruction, designing, building, and even post-occupancy facility maintenance service. You can get an all-in-one package when you choose the right commercial construction company to hire.

Would you rather skip the hassle of searching for the best commercial construction company to navigate your business remodeling work? Contact BAF Corporation at 317-253-0531 for trusted commercial construction services in Indianapolis, Indiana. We specialize in healthcare centers, offices and commercial use buildings, warehouses, and multi-housing complexes.

General Contractor Advice on Building a New Commercial Space

Posted on November 5, 2021 by bafcorp20

Are you an ambitious real estate developer preparing to construct a new commercial space here in Indiana? Before getting started on your promising entrepreneurial endeavor, continue reading for some critical general contractor advice on building a new commercial space, including who to trust for superior commercial construction services near you.

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Top Factors for Constructing a New Commercial Building

The top five elements you should be placing your focus on right now in preparation for a build-out or new construction project are as follows: your budget, your potential space, references for commercial general contracting company, a written commercial construction estimate, and relevant municipality requirements or regulations.

Budgeting

Budget is the foundation for your commercial build. Your budget analysis and planning will set the tone for your commercial construction project. You must consider your overall vision. Do you have enough capital to make your vision come to life? It is important to be pragmatic when setting a budget for your commercial construction or build-out.

If leasing an existing commercial space, you want to consider mandatory or hidden costs prior to signing the commercial lease, as well as any future expenses you might incur. A professional commercial general contracting company can assist you with comprehensive budget analysis and cost foreseeability evaluations to ensure that your vision and available capital lineup.

Commercial Space Planning

Your next focus is commercial space planning. Building from the ground up will have a separate set of considerations compared to leasing an existing commercial space and building it out to retrofit your business’s needs. Either way, it is important to ensure that your space will be structured and designed specifically to meet the needs of your businesses function and overall culture.

Your trusted commercial general contractor can ensure that your new commercial space is both functional and culturally sincere, while also flexible for future expansions. In fact, commercial space planning and permitting are often a prime service offered by construction companies.

General Contractor References

As you might already understand, the commercial construction company you choose will have a significant impact on the outcome of your project. For this reason, it is vital to ensure you are choosing a superior commercial general contracting company to build your new commercial space or retrofit an existing one. One way you can ensure you are choosing the right company is to request general contractor references. References help you understand a contractor’s scope of capabilities and professionalism.

Written Construction Estimates

It is important to always request and receive a comprehensive and itemized written estimate from your commercial general contractor. As we all know, having things in writing is the best way to maintain an equal and transparent understanding between two parties in a contract. One way you can tell you were working with a true professional in the industry is if they offer detailed written estimates, require itemized written estimates from subcontractors, and have no problem examining all estimates line by line with you.

Municipality Requirements

All municipalities have commercial construction requirements, building code standards, permitting laws, and similar regulations. A good commercial construction company will have the knowledge and resources to confirm these requirements prior to breaking ground on any type of project, whether a new construction build or commercial build-out.

Furthermore, most municipalities will require detailed written plans and architectural drawings before any construction can take place. Reputable commercial general contractors and construction companies will prepare these blueprints ahead of time, which allows them to provide more accurate estimates.

Are you looking for a professional commercial construction company in Indiana to get you started with a new build or build-out? Contact BAF Corporation at 317-253-0531 for superior commercial general contracting services in Indianapolis, Indiana.We serve commercial and industrial clients all throughout the state.

4 Key Differences Between Residential and Commercial Construction

Posted on October 8, 2021 by bafcorp20

Residential and commercial construction are two very different industries that adhere to another level of standards, quality, and codes. Continue reading to learn the 4 key elements that make commercial construction so different from residential construction so you may better understand the importance of hiring the right general contracting company for your upcoming build or renovation.

Commercial General Contractor Indianapolis IN 317-253-0531

What Makes Commercial Construction Different From Residential?

❶ The Intended Use of the Property

Commercial construction work refers to buildings and properties that will be used for business purposes, such as offices, factories, warehouses, stores, service-oriented businesses, and more. For this reason alone, commercial construction is much different from residential.

❷ Building Codes and Permits

The set of local and state building codes, zoning laws, and permit requires differ greatly between residential and commercial construction. Because the use of property is for business and profit-making purposes, a separate set of regulations and compliancy rules apply. Examples include ADA ramps and handicap accessibility, state development plans, elevator permits, and parking.

❸ Schedule Pace and Timeline

Because commercial construction work is performed for business’s seeking to make a profit, the pace of work is generally much faster. Scheduling and work pace are adhered to with a stricter focus so that the business may open their doors and begin bringing in a profit as soon as possible.

❹ Equipment and Materials

Commercial properties and spaces are typically much larger, and larger-scale work requires a heavier and more complex set of equipment, materials, and resources. This is a major difference between commercial construction and residential construction.

Are you ready to get your commercial build in motion? Contact BAF Corporation at 317-253-0531 for professional commercial construction services in Indianapolis Indiana. We serve clients all throughout the state.

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A Brief Introduction to Commercial Construction Services
The 6 Phases of a Design Build Construction Project
Top Commercial Real Estate Technology Trends Today

The Two Key Components in the Commercial Construction Estimate Process

Posted on September 17, 2021 by bafcorp20

Achieving a truly accurate construction bid is difficult without the right preparation. Your first step in the commercial construction planning process is to find a lineup of qualified companies and require them each to deliver a realistic estimate. The more comprehensive your blueprints are, the more accurate you can expect your construction estimate to be.

Continue reading to learn more about the commercial construction estimate process, including the two most important components that should be included in all construction bids.

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Commercial Construction Estimate Accuracy

When your commercial construction plans are not fully thought out or finalized, they can offer a lot of room for the unknown. When your blueprints are ambiguous, it is challenging to come up with an accurate bid because not all specifications are detailed and confirmed. The more comprehensive your commercial construction plans are, the more accurate your bid will be. This is the general rule of thumb in the commercial construction industry.

Every integral element should be greatly detailed for optimal bid accuracy, from the architectural and engineering specifications to foundation work, floor plans, plumbing, insulation, technology, and even interior design finishes. A reputable and qualified Indianapolis commercial construction company can help you develop these plans and carry them out from start to finish.

Key Components in a Commercial Construction Bid

When it comes to all commercial construction estimates, each general contractor should include two key components in every estimate process: transparency and scheduling.

Transparency

Full transparency is one of the most important elements in the contractor-client relationship, especially during the estimate process. Not only does transparency build trust and value, but it also allows clients to fully understand their construction plans and properly prepare themselves for their future endeavor. A commercial construction contractor can deliver a higher level of transparency in their bid when the construction specifications lack ambiguity.

One way reputable commercial construction companies keep track of their clients budgeting and building plan is through innovative industry software, which tracks every expenditure and expense as the construction process aims toward completion. They also use the latest developments in budget analysis and cost evaluations, allowing clients to control their spending and set aside contingency budgets for unanticipated construction means.

Scheduling

Another very important component to the commercial construction estimate process is scheduling. Not only is it necessary to schedule the commercial build from start to finish, but it is also important to include additional scheduling allowances for unanticipated events, delays, inclement weather, budget challenges, and more. A reputable commercial general contracting company in Indiana will be able to organize and manage all incorporated schedules within the commercial construction build, including all schedules with subcontractors, designers, inventory deliveries, and more.

Are you ready to skip the hassle of searching for the right commercial construction company and go straight to the most trusted source in central Indiana? Contact BAF Corporation at 317-253-0531 for superior commercial construction services in Indianapolis, Indiana.

You Should Also Read:

7 Qualities to Look for in a Commercial Construction Company
Key Points That Should Be Included in a Remodeling Contract
What to Expect From Commercial Construction Management Service