Business

Tips for commercial renovators

Whenever you start a new renovation project, there is always some trepidation about whether it will be a successful, straightforward experience or not. There are some ways that you can eliminate a bit of the risk and help your renovation be as successful as possible.

The right talent

Commercial renovation is often reliant on deadlines and budgets so choosing the best team possible is essential.

When it comes to contractors, it often comes down to reputation. You may initially want to use people you have worked with before, but a good contractor is often booked up in advance. If that is the case, recommendations by other industry professionals are a good place to start.

Before you formalise anything, talk through your plan and vision with them. You need to be sure that they are on board with your plan and feel comfortable highlighting any potential issues or delays.

Create budgets

Whilst creating the best building possible is the ultimate goal, you will also want to make a profit. Therefore, it is important that you create a realistic budget that will cover any costs for labour and materials as well as leaving a reserve for emergencies.

Renovators who have loads of experience will be able to put together a budget based on past experiences, but those who are newer to the game might struggle. The best thing to do to is do plenty of research – into the area, previous renovations locally that are similar, average tradesman costs and materials. For example, if you were renovating a shop, the average cost for a 50,000-square-foot space is between £4,000,000 and £5,000,000.

Correct tools

The phrase ‘a workman is only as good as his tools’ does have some merit to it. In the market at the moment, there are a raft of different options for tools that all do the same thing, so it can be hard to choose which one is best.

Whichever tool you go with, make sure it does the job properly and is of a high quality. For example, when it comes to sealant remover, it should be able to remove most adhesives easily by being applied and left to work its magic.

Aim for sustainability

Businesses and customers alike are more focused on sustainability, so making that part of the plan from day one is a good selling point.

There are plenty of options for sustainable materials such as Hempcrete which can be used to combine walling and insulation. However, they are often more expensive than regular ones so it is worth accounting for that within your initial budget.

You may also see a boost in your reputation if you commit to making spaces eco-friendly. Not only does this make a space more attractive to prospective buyers, but it also benefits the environment long into the future.