Your commercial renovation is arguably one of the most important projects of your life, that is, if you consider it something that will perpetuate your business’s success and overall profit margins. However, the degree of importance does not have to impact the cost of remodeling your commercial space. In fact, there are some effective and simple ways to actually save money during the commercial construction process.
Continue reading for some of the top-recommended strategies for cutting commercial renovation costs, including how to get started with a free bid in Indianapolis.
Ways to Make Your Commercial Remodel More Cost Efficient
Your commercial remodel should render you the best possible return on investment. Accordingly, it should not break the bank, bur rather, be cost efficient. In order to achieve your imagined results for your commercial renovation, all without over-spending, you will need to educate yourself on some important business remodeling tips and tricks. The top 5 strategies for saving money during a remodel are detailed below.
✒Hire a Commercial General Contracting Company
The most effective strategy for optimizing the cost efficiency of your business’s remodel is to retain the services of a licensed and insured Indianapolis commercial general contracting team. These professionals are the astute experts you need to plan, manage, and facilitate the remodeling project at each individual step. So, the first task you should do is hire a commercial construction company. From there, they will assist you with the remaining decision-making process.
✒ Set a Realistic Budget
Your budget does matter when it comes to commercial renovation work. Not only do you need to set a budget right from the start, which many business owners fail to do, you need to make sure it is realistic. Your appointed commercial general contractor will work with you to develop a budget that makes sense for your renovation. They have the industry knowledge, and will use professional resources, such as economic incentive studies and constructability reviews, to implement a budget analysis and come up with a workable plan.
✒ Do Not Veer From the Plan
An important rule of thumb for commercial renovations is to develop a plan and stick to it, regardless of what comes your way. Veering from your plan after it is made can lead to unforeseen obstacles, lengthy delays, unexpected infrastructure or facility problems, and worst of all, additional expenses. Furthermore, having a plan in place tactically maps out a strategy to protect people, environments, assets, and the overall brand, in the case of an emergency.
✒ Reuse and Recycle
We all know that recycling and repurposing waste is a great initiative for our local economies, as well as our planet as a whole. But when it comes to a commercial renovation, recycling and reusing can be an effective way to cut costs and save money. Consider refurbishing or repurposing HVAC systems, flooring, bathroom plumbing, window openings/framing, and furniture. Consider recycling scrap metal and leftover construction materials for cash reimbursement. Some metal scrappers will pay cash for old or leftover building materials made from metal, such as beams, tubing, piping, and more.
Certified Commercial General Contractors in Central Indiana
Contact BAF Corporation at 317-253-0531 for trusted commercial construction services in Indianapolis, Indiana and its surrounding locations. Our skilled and experienced commercial general contractor teams deliver a streamlined process that meets all defined engineering and design specifications, procurement, schedules, and budgets. We serve all corporate, commercial, and industrial industries in Indianapolis, Indiana and its surrounding districts. Call today to request free information or to schedule a consultation.