How to build your own office from scratch
Building your own office can be a highly satisfying endeavor. Not only do you have say over the style and size of the build, but you also have the luxury of working in a brand-new space once it’s complete. If you’re thinking of taking on this mammoth task, below are some tips that can help.
Create a financing strategy
Naturally, one of the most important things to do is create a financing strategy. This requires gathering information on the build, how long it will take, what materials and labor are required, and your projected business profits.
At the same time, it’s also worth exploring financing options such as new construction loans from the likes of Sachem Lending. Knowing how much money you can get from a lender ahead of time will help you plan your budgets and set realistic goals for the project.
Find a design partner
Finding the right designer is also vital as they will be responsible for executing your vision. Take your time finding the right design partner by getting estimates and blueprints of their ideas. It’s also a good idea to check with them about building codes, permits, and what else might be required to make your dream a reality. Good design partners will be able to help you with all of this and help keep your budget on track.
Hire a top-notch contractor
Once you’ve established the design, it’s time to start building! You’ll want to find a top-notch contractor who can translate your blueprints into a concrete vision. Again, you’ll need to do your research and vet out a few companies before you decide.
Make sure you ask to see examples of their previous work as well as how they operate. They should also be properly licensed and insured. Most of all, it’s important to have a good rapport since you’ll be spending so much time communicating about the project.
Plan for potential setbacks
Like any build, there is always the potential for setbacks. Whether it’s delays due to supplier issues or a niggle with the actual build, it’s normal if your timeline shifts a bit. To ensure you’re prepared for any setbacks, make a contingency plan and a budget that accounts for any possible delays during construction. You’ll fare best if you keep an open mind and stay flexible so that you’re able to adapt to unforeseen circumstances.
Keep excellent records
It goes without saying that you should keep detailed records during the construction of your office. Commercial projects like these can be very complex, especially if your building is big and involves multiple elements. Expect to be contacted regularly and asked to make decisions on a variety of matters over a period of many months. While this can be overwhelming at times, you’ll fare well if you keep detailed records. This will also ensure that your budget stays on target.
Don’t forget the interior
After all the fuss over the external build, it can be easy to put the interior at the bottom of the list. However, it’s important to remember that the inside is where you’ll be spending all your time. Make sure you’ve taken adequate time to plan the layout, furniture, equipment, lighting, and décor so that you’re not scrambling at the last minute. Setting up the interior also takes time, so you should incorporate these details into your master project plan.