When you are on the brink of choosing a new commercial facility for your business, you may want to consider the various benefits of steel frame buildings. Depending on the unique needs and daily operations of your company, a steel frame building might be the right move.
Continue below to learn why so many other commercial real estate investors and business owners are choosing steel frame building construction in 2022, plus where to get trusted commercial general contracting services in Central Indiana.
Steel Frame Building Construction Indianapolis Indiana 317-253-0531
Steel Frame Buildings and the Advantages They Offer
Steel frame buildings deliver both short-term and long-term advantages for business owners in various industries across the board. From speed of construction and high tensile strength to versatile application, custom designing, safety, reliability, sustainability, and much more, steel frame buildings are making a significant impression on the commercial construction industry, and they may just be exactly what you are looking for in a new facility.
Faster Construction
Steel frame buildings are simple in architecture and design, making them easy to erect. They come mostly prefabricated, so all that’s left to do is connect the pieces together on-site. Construction for steel frame buildings is completed quickly, which saves you labor costs and gets your doors open faster.
Durability and Strength
Steel retains high tensile strength, which in turn gives it high load-bearing capacity. Because steel is so strong and durable, it is very reliable, allowing it to have a long lifespan. With proper maintenance, steel will remain extremely reliable and resistant to damage or deterioration for decades. This improves ROI come time to sell.
Application and Design Versatility
Steel can be fabricated to any specification, from shape and size to density, galvanization, and more. This allows builders to custom select their materials, plus easily make modifications later on if needed. Steel is also highly versatile in terms of design. Steel is strong, so less support columns and walls are needed to withstand the weight of the structure. This means more open floor space, which gives you ultimate design freedom.
Safety
Steel framed buildings deliver excellent safety standards in the commercial construction industry. Not just because steel is strong and highly-resistant to external forces and damages, but also because steel is flexible, which abates cracking, fracturing, and ultimately, collapsing in the case of a catastrophic event, such as an earthquake or explosion.
Sustainability
Steel is 100 percent recyclable, making it an Eco-friendly and environmentally-conscious asset in the construction industry. When your steel frame building has seen its last duty, it can be dismantled and recycled into new steel-based commodities.
Have you pondered the idea of renovating your commercial building or business, but you just aren’t sure if it is a worthwhile endeavor at this point? Continue below to learn the top 3 signs that suggest now is the right time to renovate your business, plus a bonus tip on where to get comprehensive commercial general contracting and remodeling service near you.
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How to Evaluate Your Surroundings to Gauge Your Need for Commercial Renovation
It is no small feat to run a business, so the idea of adding a commercial renovation to an already-growing To-Do list can feel quite stressful, to say the least. However, commercial renovations are an important part of growing and enhancing your business. With the right Indiana commercial general contracting team, you won’t have to worry about how your business’s daily operations will be affected, nor will you need to sweat the budget. A qualified commercial general contractor knows how to deliver streamlined remodeling or renovation project that meets the budget, as well as all other detailed specifications of the job.
Looking For the Signs
To gauge your need for a commercial renovation, start by looking around and asking yourself some important questions. Here are the signs to look for:
Your Current Business Layout is Obsolete
Like all things in life, your business is bound to change overtime. Ask yourself if the current design or layout still works well for your business. Do you have a lot of unused space? Do your employees mostly work remotely? Do they work in groups? Have your operations changed? Do you have updated technologies that enhance customer experience or business operations? A renovation can revamp the flow and efficiency of your space to meet your current design needs.
Your Building Does Not Match Your Brand
Have you recently rebranded? If you are occupying an older building, it can sometimes be a challenge matching your new brand to the overall look and feel of your space. A renovation can help balance your business’s culture with the available aesthetics, from signage and paint palettes to interior layout, technology applications, and more.
Super High Utility Expenses
There is no getting around to paying for the utilities necessary to occupy and operate your business space. But if your utility expenses are putting a lot of pressure on your books, it may be a sign that your building needs some updating. From energy-efficient building materials and power systems to green construction improvements and more, incorporating these upgrades can instantly lower your utility costs and may even qualify you for governmental grants and tax credits.
Are you ready to learn how easy it is to enhance the overall efficiency and operations of your business through smart commercial renovation?Contact BAF Corporation at 317-253-0531 for a one-stop-shop solution to full-service commercial construction management in Indianapolis, Indiana. From start to finish, our teams handle it all.
Every business professional knows the value of documentation. When it comes to a commercial construction project, the same administrative principle applies. Modern technology has allowed construction managers to improve their scope of documentation during the building process using technologies like drones, videography, and even photography. That’s right, snapping strategic photos of the commercial construction site can benefit the building process by improving efficiency, quality, communication, and much more.
Continue below to learn the top 5 ways you can use photography to enhance the success of a commercial construction project, plus where to get trusted commercial general contracting services in Central Indiana.
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The Benefits of Commercial Construction Photographic Documentation
Written documentation has its obvious setbacks. But with modern photographic capabilities, contractors, builders, and investors are no longer subjected to paper or electronic methods of documentation. Here are five ways you can apply smart photography to your commercial construction project:
Real Time Progress Updates
Authorities of the build, such as general contractors, investors, and real estate developers, don’t always have time to visit the job site on a daily basis. When they do have time, they can always spend hours upon hours going through every element of the build. Electronically-sent photographs of the job site can be used as a viable and efficient alternative to on-site visits, plus serve as a secure way to verify that progress is in fact happening.
Construction Safety
On-site construction photography can actually improve the overall safety of a project. Taking pictures of unsafe job site conditions, worker habits, or hazards to send to your team is an efficient way to communicate site emergencies and priorities, plus better prevent workplace and construction site accidents.
Liability Protection
As you just learned, smart and strategic photography can increase the level of construction site safety. Since a safer construction site renders less accidents and injuries, you enjoy better liability protection against worker’s compensation and personal injury claims. Aside from injuries. Construction photography can be used as evidence against other types of litigation, such as contractor disputes, landlord disputes, building code violations, and zoning red tape.
Historical Site Data
Construction site photography can provide chronological visual documentation that shows the before, during, and after stages of a construction project. Having such historical data on the construction site can be highly beneficial and informative in all sorts of scenarios, especially in terms of remodels, renovations, and build outs. You can have visual data of load-bearing walls, studs, plumbing networks, utilities, and much more. Not only does historical photogenic documentation make repairs and renovations faster and easier, but it also makes them cheaper.
Local Marketing
Progress photos of your construction build can be used as a marketing strategy to call attention to your company. Local residents and business owners are interested in new additions to their community and will enjoy anticipating an upcoming build. Post your construction site progress photos on social media as a free and effective way to spark curiosity among your market and followers.
Are you looking for a new commercial space for your business? If so, you will soon be making the decision between buying or leasing. What are the pros and cons of renting a commercial space versus owning? Does owning come with certain inherit risks? Will renting come back as an economic disadvantage down the road?
Continue below to review some important considerations that will help you decide between buying and leasing commercial real estate.
Commercial Remodeling Indianapolis Indiana 317-253-0531
To Buy or to Rent Commercial Real Estate?
Well, that is the question; isn’t it? Whether you are looking for commercial real estate for a small office, multi-divisional headquarter, retail storefront, café, factory, or distribution facility, your decision to buy or lease will rely heavily on your capacity to take fiscal risks. Here are some of the top considerations to keep in mind when weighing the pros and cons of each option:
Buying a Commercial Space
There are plenty of upsides to owning your own commercial space. Not only will your asset appreciate over time and build you equity, but it will also give you full control over the property itself. In many industries, this level of executive decision-making is essential. With full control, you don’t need permission from a landlord or property management company to do any type of renovation or build-out to your commercial space. On the other hand, you’ll still be subjected to local zoning, permitting, and building codes. Not to worry, this is something your Indianapolis commercial general contractor can take care of for you.
Another prime advantage to owning your own commercial spaces being your own landlord. Not only does this give you more flexibility over rent rate adjustments (as opposed to going through landlord), but it also gives you the opportunity to generate additional income by renting excess commercial space to other tenants. Of course, with owning any type of property, you are typically eligible for certain tax credits and tax breaks, such as interest paid, business expenses (including startup costs), and depreciation of value.
Lastly, owning your own commercial space will provide you with the benefit of an investment safety net. If anything were to happen to your business, such as bankruptcy or closure, you would still have your commercial asset to fall back on. You could choose to sell the property or continue renting it to another tenant or tenants.
Potential Downfalls to Owning:
A large down payment is required to procure a commercial property, typically between 10% and 40% of the property’s full market value. Along with a substantial down payment, you’ll also be subjected to additional financing fees and expenses.
If you have difficulty qualifying for financing, you will be subjected to using unconventional lending sources, which can result in cost-prohibitive interest rates. Furthermore, commercial real estate loans can come with terms and conditions that are with prepayment penalties, including defeasance and yield maintenance.
In terms of investment, commercial real estate procurement always comes with the inherent risk of depreciation rather than appreciation. It is very possible for a commercial property to lose value rather than gain it over time. When it comes time to sell, you could lose money.
Being your own commercial a commercial property owner automatically subjects you to a legal duty of care. Under premises liability law, you will be responsible for any damages and losses incurred by a victim of a wrongful accident that takes place in your property.
Then there’s always the risk of outgrowing your commercial space. If this were to happen, you could hire a commercial general contracting company in Indiana to remodel or build-out your current property. But in some cases, business owners are forced to sell and relocate, which can be inhibiting to business operations, and not to mention, very expensive.
Renting a Commercial Space
Now, let’s take a closer look at the pros and cons of leasing a commercial space. First and foremost, leasing a commercial space is safe much faster process than procurement. This allows you to get your business operations up and running sooner, which in turn starts generating income faster. It is also a lot easier and faster to get approved for a lease than it is for a loan.
Another notable advantage of leasing commercial property is the upfront affordability. Rentals do not require a substantial down payment other than a first month and last month deposit. A rental deposit compared to a down payment is much lower, giving you more capital for starting your business.
As we continue down the list of all the pros to renting a commercial space, you will see a pattern of cost-savings. Renting versus owning will save you a lot of money in terms of maintenance and upkeep. You will not have to hire an in-house custodial service, nor outsource for landscaping, street sweeping, parking lot repairs, and seasonal maintenance work. All of these facility maintenance needs will be incorporated into the total cost of the lease and provided by the landlord.
Leasing also entitles you to certain tax breaks and tax credits. Not only can you deduct your full lease payments, but you might also be able to deduct insurance costs and property taxes.
Potential Downfalls to Leasing:
In some cases of leasing a commercial space, you will pay more in monthly rent than you would in a monthly mortgage payment plan. And since your rental payments are not going toward the goal of outright owning the property at some point, these payments can be viewed as wasteful. Unless you are in a lease-to-own agreement, you will not build equity with your rental payments.
Under a commercial lease, you are not permitted to rent out excess space to tenants. This means you will not have the opportunity to generate secondary income. This is just one way you are under the control of the landlord or property manager. Which comes to our last notable downfall to leasing, you have very limited control over what you can do with and within the property.
Look no further than BAF Corporation for all of your commercial construction and building needs in Indianapolis, Indiana. Continue below to learn more about us, including how to get in touch and why we are Central Indiana’s leading commercial general contracting company with an unwavering reputation for quality and respect.
Contact Us Today 317-253-0531
BAF Corporation is Your Trusted Indiana Commercial Builder
Here at BAF Corporation, we are a family-owned commercial construction and general contracting company that was founded on old fashioned values like integrity, quality, and respect. With BAF Corporation on the job, you can feel assured that your project is in the hands of honest, organized, and skilled professionals who are dedicated to delivering the highest standards of excellence.
We manage every element of your commercial build or remodel to ensure a streamlined construction process that meets all defined engineering and design specifications, procurement, schedules, and budgets. Being your single source of contact will reduce your administrative burden, while also ensuring clear and concise client-contractor communication, turnkey service, and custom-tailored results. With a strong commitment to attention to detail, proficiency, and client support, BAF Corporation has duly earned our track record of being a leader in commercial construction and design.
Setting the Bar Higher for Commercial Construction Work
There is a very practical reason why BAF Corporation continues to be a leading commercial general contracting firm in Central Indiana. Our commercial general contractors fully understand and support the importance of accountability, owner needs and expectations, budget adherence, and scheduling, for every building project, regardless of size or complexity. This professional resolve, combined with our extensive skill and proven track record, sets us apart from our industry contemporaries and competitors. We can offer real, workable solutions to maximize your investment and drive greater value.
We retain the latest technologies and innovative advancements, including access to premium resources, to accurately meet our client’s objectives and business performance goals. Furthermore, we maintain long-standing relationships with architects, designers, subcontractors, and suppliers, giving us a competitive advantage. We are the trusted and qualified commercial building contractors you want on your team.
How to Get in Touch
BAF Corporation encourages you to contact us at 317-253-0531 to learn more about our Indianapolis general contracting and construction services, including your options for getting started with a consultation. Our commercial contractors provide full-service general contracting and construction building services for commercial, corporate, and industrial industries in Indianapolis, Indiana and its surrounding districts.
Whether you are a real estate owner of a single family home or a massive, multi-unit housing complex, these top home remodeling renovations will have the most impact on your overall return on investment (ROI) by exponentially increasing your rental income.
Commercial General Contracting Company Indiana 317-253-0531
Remodeling Tips to Boost Rental Revenue Per Tenant
Painting and Drywall
A fresh coat of paint is the easiest and most instantly gratifying method of increasing your rental income. New paint makes a property look fresh, and even cleaner. Furthermore, it can displace leftover smells from prior tenants, if any. In addition to a fresh paint job, be sure you are also addressing drywall damages. Dents, depressions, nicks, holes, and cracked joints should be repaired to add more value to your paint job.
Flooring
One of the first things potential renters see is the flooring. Whether carpet, laminate, tile, or hardwood, floors are an important element for them. So, start your renovations with professional carpet cleaning or replacement, or with full-on flooring replacement. Floor cleaning and flooring replacement are two key renovations that can instantly make your rental property worth more.
Pending Repairs
Your next point of interest is to repair anything that is broken. Whether it just came to light a few days ago or has been lurking around your To-Do list for years, making important repairs to your property is an effective and proven method of adding more value to your renters. Thus, you can increase the rent based on your property’s amenities and overall value. From indoor and exterior lighting to bollard posts, driveways, appliances, drywall, and more, fixing what’s broken is a good starting point for increasing rental income.
Kitchens and Bathrooms
Although flooring is one the main elements of a property that a potential tenant will focus on initially, their next priorities are usually the bathrooms and the kitchen. Focus on these areas when planning your renovation budget so that you can earn the most return on investment for your rental properties. Consider minor and major remodels, from painting cabinets and replacing hardware, to installing new fixtures, converting tubs into spacious showers, buying new kitchen appliances, and similar changes. Simply talk to a licensed commercial general contractor to learn how to constructively consider a residential kitchen remodel or easy ways to remodel a master bath.
Basement Conversions
If you have an unfinished basement in your rental property, you have a gold mine of opportunities to increase your rental income. By remodeling a basement, you are instantly and drastically raising the true market value of your rental property. You will get more money per month, plus be able to resell it for a higher price when the time comes! Attics and other areas work well for this type of space conversion ROI.
Are you looking for a trusted commercial general contracting company 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 remodeling in Indianapolis and its surrounding counties.
If you’ve been there before, you know that choosing an interior paint color for your business or income property can take an obscene amount of time. But it really doesn’t have to! By learning a few short-cut strategies for choosing the perfect paint colors, you can cut your selection process time in half. And with these helpful tips, you can also say good-bye to paint color “trial and error” from now on!
Continue below to learn which factors to consider when selecting interior paint colors, plus who to trust for superior commercial drywall and painting services in Central Indiana.
Commercial Painting Drywall Indianapolis Indiana 317-253-0531
Short-Cuts to Picking a Paint Color
Whether for your business, income property, or real estate development, you want to come back from the store with the perfect paint color selections that will deliver the look and feel you’ve envisioned for your space. But in order to do this efficiently, you will need to learn some useful shortcuts for selecting a paint color. Below are some tips for achieving this.
Consider the “Tone” of the Space
Start by considering the type of mood you envision for the space. If you are looking for a restful, serene ambience for lobbies, hallways, restrooms, meeting rooms, living rooms, or bedrooms, consider choosing softer tones like blues, grays, and taupe colors. But if you want a more vibrant feel for spaces like breakrooms, kitchens, or children’s’ playrooms, you might do well to consider brighter tones like yellows and reds. By defining the mood first, you instantly narrow down the selection of paint colors for the intended application. But be sure to also consider lighting when making your selection.
Find Details in Décor
Use the details you find in the surrounding décor to help you match a proper paint color. Perhaps you have a favorite painting or eye-catching bookcase, or maybe an area rug or awards collection? Use these favored items or focal points to help you decide on a palette for the room.
Match Your Furniture
If your interior space is already furnished, use the color schemes and textures of your furniture to help you find the right paint color for the walls and trim. However, if your space is not yet furnished, the best tips for choosing a paint color is to hold off! Wait until you have chosen your furnishing so that you can use them to narrow down your paint selections.
Test Your Color
Always test your paint color once you have chosen it. Take a small test sample with you and test it on a small corner or area of your space. Allow it to dry completely to achieve its true color, and then see how it looks with the surroundings. Generally, home improvement stores sell samples for a few dollars, while others might offer it for free.
Trust a Professional
Especially for commercial offices, landlords, and real estate developments, trusting a professional commercial drywall and painting company is the safest way to achieve the best possible outcome in terms of color schemes, finishes, and craftsmanship. The appeal and interior ambience of your business, regardless of industry, plays a large role in your overall success. Take the time to choose your interior and exterior paint colors with the help if a licensed and insured commercial contractor in Indiana.
Does your commercial office lack the open-concept floor plan you’ve always wished for, but you aren’t in a position to move locations? Well, you might be happy to know that you don’t always have to move into a new building or lease a new space to get the open layout you so desire. In fact, you may be able to remodel your current office floor plan.
Before getting started, it is important to discuss your office remodeling ideas with a licensed commercial general contractor who can assist you in finding the proper renovation for your particular space. They can let you know if your commercial office space is a good candidate for open floor space renovations, which remodels or renovations are right for your property, and whether your lease includes a tenant improvement allowance.
Continue reading to learn some easy ways to give your existing commercial office space a more open-concept feel, plus who to trust in Central Indiana for superior commercial remodeling and TI work.
Indianapolis IN Commercial Office Remodeling 317-253-0531
Open Concept Tips for Commercial Offices
Looking for an easy and relatively quick way to transform your office into an open-concept floor layout? Perhaps one of these 3 options will suit your commercial remodeling needs!
Non-Load Bearing Walls
A commercial general contractor can point out which walls are load-bearing and which ones are not. The walls that are not load-bearing can be torn down in a strategic and artistic way to add more space to any room. Conjoining rooms by tearing down walls is an invasive remodeling project, but with professional assistance, it is generally easy and organized work.
It is important to use a professional commercial general contracting company in Indianapolis to tear down walls because they can accurately locate and work around gas pipes, electrical wires, load-bearing walls, and more. You want all your work to be up to code with the local municipality as well, which a licensed and certified commercial general contractor can guarantee.
Archways
If you are looking for a more open feel for your commercial office layout, but you dislike the idea of a full-o, invasive remodel, consider making small but stately adjustments, as these can make a big difference in appearance and fee, plus fit the budget nicely. Adding an archway above interior doors provides instant gratification because it gives off an illusion of more space. Additionally beneficial, construction for archways is pretty minimal and requires less drywall work and less labor time.
Accent Walls and Space Division
If construction, drywall work, and remodeling are nowhere near your budget, there are more cost-effective methods for creating the illusion of a more open floor plan for yourself and your staff. A popular, go-to interior design hack is to add an accent wall in certain areas of the office, particularly smaller, confined spaces or small rooms. This creates a feel of difference and division.
On the subject of floor plan division, dividing room space is another cost-effective interior design method that creates the feeling of more space. Try adding crown molding on the walls of one space to separate it from other areas of the office. This is inexpensive and does not take much time to install. All of these options can even be done on your own, which is even more cost-effective.
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.
Did you know that you can get help from the local and state licensing authorities if you are having a dispute with your hired general contractor? Continue below for some tips that can help you resolve a contractor dispute that has yet to resolve itself.
General Commercial Contractors Indiana 317-253-0531
How to Solve a Contractor Dispute
In many cases of contractor disputes, the situation can be quite challenging, whether you are coming from a commercial or residential standpoint. Fortunately, there are some helpful courses available to clients of contractors when such disputes do arise. One such solution is contacting the local and state licensing authority.
These regulating authorities can be your secret weapon against an immoral, unethical, or stubborn general contractor. They can help you save a lot of time and money attempting to resolve the contractor dispute on your own, plus protect you against a lengthy and stressful civil lawsuit.
What You Should Expect From a Licensed Contractor
You see, virtually all contractors are subject to mandatory local and state licensing requirements; some more than others, though. Contractors like electricians and master plumbers have very strict licensing requirements. Unfortunately, general contractor licensing requirements are more lenient.
Nonetheless, such requirements obligate contractors to demonstrate a certain duty of care when undertaking work for paid clients. Being “licensed” comes with a specific set of professional expectations, and although this standard can vary slightly among jurisdictions, it generally means that a contractor:
✏ Retains Knowledge and Training ✏ Has Some Experience ✏ Passed a Certified Examination ✏ Stays Current on Code Changes
It is also important to note that being registered in the state is not the same as being licensed. Be sure to look for this when hiring a general contractor.
Licensing Violations Versus Remodeling Contract Violations
Keep in mind that not all general contractor disputes are based on professional licensing violations. Some can be categorized under a remodeling contract breech, which is a dispute not regularly handled by licensing authorities.
For instance, let’s say you hire a general contractor to add a half-bathroom in your basement. If they say the project should take around 3 weeks, but it ends up taking 3 months, this would be a breech of the remodeling contract, not their licensing requirements. This would require a lawsuit or even a bond to resolve.
Oppositely, if your contractor adds a new bathroom to your basement, but does not do so up to code, this could be considered a violation of their licensing requirements. In such case, your state or local licensing agency might help you recover some justice.
Reporting a Contractor Dispute
Visit your local county, town, or state government website to learn which regulating authorities oversee your particular contractor. You will be able to see which types of work your county or town licenses. Upon investigation, which tends to happen quickly, the licensing agency may choose to discipline the wrongful contractor.
There are a few ways they might do this, including heavy fines, restitution, refunds to clients, license suspensions, and in really egregious situations, license revocations. They may also be kicked out of any professional organization or membership they have within their industry. As for the clients, the residing licensing authority may be able to recover additional compensation, aside from refunds, to make up for financial damages and losses.
