Commercial Building Construction: 5 Tips to Know Before You Break Ground

9/19/2022 (Permalink)

Make sure to consider these tips before breaking ground on that new building.

Commercial building construction, 5 tips to know before you go

1. Check your options

The scale of any construction project demands a major commitment from a company. Remember that the time and energy invested in commercial building construction could also be put into the business itself.

2. Make the correct projections

A bank advisor can help you determine the cost of your project, how much money you'll need from start to finish, and the right financing options for your build.

3. Make sure your building permits are in order

Be sure that you've complied with all local rules with the right permits. Do this as early as possible, since building without a permit is not an option. Check with your city to see exactly what you're allowed to do with and without a permit.

4. Get a good architect

Good ones cost money and because of this, some companies will sometimes skip the step of hiring a good architect. While you might think you're saving money up front, you will lose in the end because of problems not originally planned on.

5. Be realistic

Companies often lose business during construction projects because management is less focused on performance and too worried about the new building.

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