Surviving a Commercial Construction Project
Growth stages are a great time to invest in new equipment and hire more employees. Facility relocations happen during positive cash flow periods while buildings or renovations can be done as well, depending on your needs.
If a renovation will solve current challenges, it’s usually the wiser choice than transferring to new space or having your own facility built. Renovations can increase production capacity, expand infrastructure and make room for equipment that may be needed in order to grow with company needs as well as adding work stations so staff members don’t have too far between them when working on different tasks at once- all without breaking up any of our budget.
When it comes to renovating a building, there are many factors that must be considered. Not only does the project take time and cause some level of disruption but also an expense can become significant as well- for these reasons alone you have got expect what is going down with this renovation beforehand.
Budgetary Issues
A renovation project is no easy feat. But by setting up a solid budget and investing wisely, you can ensure that there will be plenty of cash left over for unexpected costs or when necessary expenses come in order to keep things running smoothly. Paying attention to every detail from beginning-to end means planning ahead not just during construction but also after the work has been completed as well.
Spending too much time on a project budget can have dire implications for your company. In order to avoid this, be thorough but err on the side of caution when developing one and know exactly what you need before workers arrive at work.
The Work Schedule
Planning for renovation projects is not just about what will happen during the course of work, but also considering how it can affect your business in terms of production and team continuity.
A good way to go ahead with this type or task while minimizing disruptions is by understanding when each phase begins as well as ending so that you have a better idea on where things stand from an operational standpoint before deciding whether there’s room for error within such tight deadlines–better safe than sorry.
Understanding Project Elements
It’s important to have a clear understanding of every element in your renovation project. For example, you need to map out expectations with the contractor so that any issues can be discussed before they arise and determine if something needs more attention than what was originally planned for.
Communication is key to a successful renovation project. You need to know what you’re getting yourself into and have realistic expectations about cost, timelines and dealing with workflow disruptions before starting work on the space.
JeBailey & Co. is a renowned general contractor that provides office and construction services to help companies realize their objectives in commercial buildings, renovation projects for businesses of all sizes in Ocoee, FL and surrounding areas! Contact us today at (407) 559-6412 so we can discuss what our company has available to offer you on your next project.
