Office buildings are an integral part of business ventures, just as the employees and equipment. If business growth isn’t accompanied by moving to more spacious premises or remodeling the existing one, you risk compromising its efficiency, flexibility, and sometimes even identity.
Depending on the nature of your business, moving into an existing building might require serious renovations, from rearranging the floor plans, upgrading electrical services and other utilities, as well as updating finishes and fixtures.
All these costs combined sometimes kill the low price tag which comes with old buildings, making new construction much more feasible. New commercial designs allow you to build offices that suit your predetermined budget, follow your administrative and operational schemes, and provide much greater flexibility in anticipating future needs. Here are the top six considerations for building new office properties.
Weigh your options
The large scale of construction projects demands a lot of commitment from you as an entrepreneur. It’s often hard to set aside time and energy invested in a new construction that could otherwise be put into the business. Even if you have a project manager who oversees the work, your daily presence is critical for decision-making, which means more time away from your main center of operations. Sometimes, renting bigger, or renovating the existing space, make more sense.
If you’re not sure that building new is your best choice, hire a financial advisor to help you analyze your situation. Once you’ve set your goals, you can bring engineers, architects, and interior designers into the team, so you can consider your long-term needs better and make more learned moves. Whatever your choice, ask yourself whether the solution you’re about to choose can accommodate your future growth.
Get your permit in order
If you’ve decided to build new offices, you want to be sure you’re doing everything in line with local regulations and building permits. You should do this as early as possible, as starting without a permit can have many negative implications in any phase of the construction.
While regulations vary greatly depending on your location, as well as whether you’re modifying existing premises, building new, or changing the appearance of the building you use.
Regulation of building projects is typically a local responsibility and often issued by municipalities. Traditionally, building codes have been concerned with structural soundness, occupants’ health, and fire safety, and lately, they’ve come to include accessibility standards, water, and energy conservation, sustainability, etc.
Hire a great architect
Discouraged by soaring costs of professional building designers, entrepreneurs sometimes omit the critical step of finding an exceptional architect or designer.
While this may look like saving money upfront, in the end, you’re the one who’s losing, because your business suffers from insufficient available space. Building an office space can’t be compared with building a warehouse – you need a space that has to accommodate all your present and future requirements.
You need experts who’ll make sure that your building is both functional and efficient. If your office has an adjacent manufacturing plant or quality control center, you need to ensure that your new premises and layout can accommodate your equipment in a way that maximizes productivity and minimizes waste.
Use time-saving technologies
When compared to steel structures and traditional cast concrete construction, commercial tilt up construction provides many advantages for the business owner. First, there are savings in construction costs, as this method relies heavily on locally available materials, which are less prone to price fluctuations. The work crews are smaller, and typically comprised of local labor, as well.
Besides, Tilt-up construction can also compress your delivery schedule, as trades can begin earlier in tilt-up projects, which enables more overlapping of different project phases. Since tilt-up panels are made of ready-mix concrete, they are less likely to be dependent on transportation delays.
Select reliable contractors
You want a building contractor who isn’t only capable of executing your chosen designs skilfully, on time, and budget, but is also a master of local building codes and modern technologies that reduces the possibility of delays. When evaluating contractors, take into account their reputation, membership in professional associations, licenses, insurance, and bonding. You should also evaluate their pricing and certifications in energy conservation and sustainable material sourcing.
Make sure they are versed in building codes and public building requirements like accessibility for the disabled. Inquire them on common construction site issues like raising temporary fences, signage, obstruction of sidewalks, handling debris and waste, so you can eliminate ones that may potentially cause damage to third parties.
Assess your involvement
Business owners need to be realistic about their involvement in the project. Failing to realistically assess how much time you can devote to your construction site may lead to losing business because the management team is more anxious about the new build than running daily performance checks.
If you feel that the sheer scale of the job is too much for you to handle, consider hiring a project manager who’ll take the burden of complex logistics off your back, at the same time ensuring that the contractors, engineers, architects, and interior designers are on the same page. Be realistic about your skills in putting together a demanding project like that. Even if you hire an expert, you need to be present on the site to feel the pulse of what’s happening on the ground floor.
When a company outgrows its own startup space, the owners need to decide whether to renovate the existing space, move to bigger premises, or build a new building. Building new has many advantages over the other two options, however, for a project to be completed effectively with minimal disruptions to ongoing business operations, considerations like these need to be taken seriously.