Commercial renovation projects aren’t for the faint hearted. When executed right, a commercial renovation can completely refresh a space and inject a new lease of life into your business. Renovating a commercial property can be complicated and you may run in to unexpected issues and expenses.
It’s so important to be well prepared at all parts throughout your renovation. In this article we take a look at the top 5 tips to make your commercial renovation project a success.
Identify your purpose
The first step for any commercial renovation is to identify your purpose. Doing so will not only support the project in moving forward smoothly but it will also help you set a proper budget. Whether you’re renovating to improve the exterior of your business to entice passers-by, want to install new technology for your staff or just need more open plan space, your purpose for renovating should be at the front of your mind at all times.
Create a budget and schedule
Once you’ve identified the reasons for renovating, your next step is to create a budget and schedule. The cost of renovations can creep up quickly. No matter how prepared you are and how well you plan, always allow for a budget with plenty of wiggle room. Before the renovation starts, take time to research and talk to contractors about any potential costs that could crop up and allow for them in your budget. Around 15% should be sufficient enough for a contingency.
Once you’ve established your budget, you’ll need to outline a timescale for the work. Minimising disruption to your business is key, so work with your contractor to create a schedule that minimises interruptions and can be completed by the proposed end date.
Listen to your customers and employees
During a commercial renovation, it’s important to think about how your employees will be utilising the space. If you’re renovating an office space, then you want to ensure employees will be as productive, engaged and as comfortable as possible, they will be utilising the space many times a week, so the environment needs to be as uplifting as possible.
You should also consider the customer experience too – features such as large Windows Bristol, good flooring and even the colour scheme can make a lasting impression on consumers, so make sure they’re catered for too.
Reduce your utilities
Renovating your commercial space is a great opportunity to look at how you can make savings for your business. You can make huge savings by prioritising eco-friendly and energy efficient improvements. In addition, the bathrooms are paramount in the renovation process. If your commercial bathroom partitions need to be changed, it is crucial that you consider it as well.
One easy way of doing this is by opting for large, double-glazed windows, they help bring in more natural light to your building and are better equipped to keep your building cool in summer and warm in winter without drastically increasing your energy bills. Another great way to make savings is by upgrading your current heating and air conditioning systems to something modern and energy efficient, investing in these in the short term will pay off in the long run.
Décor and Furniture
Choosing the right décor and furniture can create a positive and uplifting environment that will enhance productivity of employees and attract new consumers. When managing a commercial renovation, this area can seem daunting and it can be hard to know where to start, which is where FF&E procurement services come in. FF&E procurement (fixtures, furniture and equipment) is a service offered by an expert to deliver end-to-end management solutions covering FF&E specification, procurement and installation.
An FF&E specialist will plan, design, budget, source and deliver FF&E to suit your specification and project requirements. By hiring an FF&E specialist you have more time to focus on the big picture, ensuring everything runs smoothly without disruption to your business.
Hire an Expert
When deciding on embarking on a commercial renovation there are many benefits to hiring an expert to plan the project and execute it for you. Companies like SP3 London who specialise in interior design and design management are able to fully support you in planning and execution.
Whether you’re interested in modern, traditional or conceptual design, SP3 London are able to delivery luxury interior design services to fully achieve your goal and requirements. If you are thinking of handling the project again, think again and maybe consider an expert so you can focus on your business.