Upgrading your commercial space, whether it is big or small, may seem financially troublesome for many business owners. The thought of having contingencies and last-minute expenses is what stops most from considering construction on a commercial space. Luckily, we are here to tell you that you can still get the commercial space of your dreams by sticking to your budget. Let’s begin by pinpointing some ways you can administer a budget so that you can start your project in no time.
Look at how much space you can afford now
Begin by setting a budget for your construction project based on how much space you can afford now, not the other way around. If you begin with the mindset that you have to start from the ground-up within one time period, then you will most likely push the project back or simply overspend. By looking at what space needs the investment or improvement the most, you can plan out details such as knowing how much square footage and how much material is needed to cover that area. This way, you are being realistic about what you want versus what you need now and what can be done later to achieve your overall results in the end.
Ask yourself three questions: Expand? Remodel? Or Build?
Once you have figured out how much space you can afford, you can begin to evaluate if an area should be expanded, remodeled or built from the ground-up. These types of construction will vary. For example, you may want to remodel an outdated space, but some old pipes may need to be replaced along the process. Do the math, and you find out you are spending way more than what you anticipated. We recommend looking at all possible options and figuring out which construction type is best. Roy Lewis Construction can give you better insight as to what will work for your commercial space so that it fits your budget as well as provide you with an estimate and timeline.
Hire companies that work with budget software programs
Construction companies that keep their client’s budgets in mind will work vigorously to make their commercial space dream possible. At Roy Lewis Construction, we are happy to work with budgeting software programs that help by applying estimating skills to conditions such as tracking man-hours, materials, setbacks and location variables. All of these factors play a big role in your budget and the timeline of your construction project. We take into account all of the possible variables that go into your budget so that there are no surprises. We also work to give competitive budgets to the best of our ability.
Since our inception in 1984, Roy Lewis Construction has been focused on commercial and residential construction projects along the Gulf Coast. Roy Lewis Construction has an excellent reputation for delivering unparalleled value and quality on projects. Call us today for an estimate by calling 251-380-0000 or email us at paul@roylewisconstruction.com.