Are you currently planning on moving your business, opening a new location or a new company? Building costs could make or break a deal. Don’t sign that lease or close on the property until you have completed your required research on all the prices pertaining to the particular property. Commercial construction costs will be the biggest cost you could have next to purchasing the assets, in case you are not leasing an area. Therefore, let’s look at what you should know about commercial interior finish-out construction.
Actually, it isn’t what you should know, but who do you already know that knows commercial construction. If you would like insurance, you get a knowledgeable insurance broker. If you are sick, you go to a good doctor. Commercial construction isn’t any different. You don’t actually need to know every detail about insurance, medical or construction. You DO need to find a very good person that you can rely on, that is known to give you choices, in which you are able to communicate with, and that is an expert in their trade.
Before you sign that contract or close on the property, enquire and pick a general contractor and a back up GC. Competition is always good, so do not ignore the very competitive bidding process. However, when choosing a location work together with the number one choice of a commercial general contractor. Meet with them at potential locations to determine your construction budget specific for the location. By doing this you can accomplish a good business decision based on the construction needs at each location so that the lease or purchase can be negotiated with actual budget costs for that location. When deciding between two locations, this will make your mind up.
Now that you have selected a location, pin down the details before you sign the lease or close on the property. Work closely with your contractor to answer more precisely what you need for the location. That’s where it is possible to bring in the competitive bidding if you are not sure if you’ve got the best price. But don’t forget, low bidder is not always the best selection. The questions you should ask are: “What am I receiving?”, “Are they low-balling the bid to get the project after which change order afterwards to deliver what you thought you’re going to start with?”, “What could be the difference in the us dollars?”, and “Is it overhead, profit, have they missed something or are they providing sub-quality products?”
So, now you need to take a look at: “Who can i trust? Who has provided me the particulars to make decisions? Who’s answered all my questions? Who can do what they say they are going to do when they say they are going to do it? Who has given me the details I need to make a good business decision? Who listens to what I have said and understands what I need and want? Who will provide exactly what i need and require at the price they have quoted?” Sometimes your gut feeling or your heart is the best direction to go by since you have answered some of these questions to yourself. This is a team effort. You need to select your team before you sign any contract.
Your construction team will include your Agent, the Rental Agent and/or Property Owner, your General Contractor, the Designer and/or Interior Designer. Now that all the decisions are made, you are ready to sign the offer and get things running! You have chosen a spot that will fit all your requirements, you’ve worked with your general contractor and architect to get your plans done and made all your decisions and choices to get your new location built to your needs. Now you can go back to your business and do what you know to continue to grow your business and your construction TEAM will get to work.
Contact 4 Star Construction at: (201) 505-1555
Our service area:
Alpine, Bergen County, Bergenfield, Carlstadt, Clifton, Closter, Cresskill, Demarest, Dumont, East Rutherford, Elmwood Park, Emerson, Englewood Cliffs, Essex County, Fair Lawn, Fort Lee, Franklin Lakes, Glen Rock, Hackensack, Haledon, Harrington Park, Hasbrouck Heights, Haskell, Haworth, Hawthorn, Hillsdale, Ho-Ho-Kus, Hudson County, Hudson Valley, Little Falls, Little Ferry, Lodi, Mahwah, Manhattan, Maywood, Midland Park, Moonachie, Morris County, New Jersey, New Milford, New York City, North Haledon, North Jersey, Northvale, Norwood, NYC, Oakland, Old Tappan, Oradell, Paramus, Park Ridge, Passaic, Pompton Lakes, Ramsey, Ridgewood, Ringwood, River Edge, River Vale, Rochelle Park, Rutherford, Saddle Brook, Saddle River, Suffern, Teaneck, Tenafly, Totowa, Upper Saddle River, Waldwick, Wallington, Wanaque, Washington Township, Wayne, Westwood, Wood Ridge, Woodcliff Lake, Wyckoff, Morris County, Passaic County, Essex County, Ocean County, Engelwood, Livingston, Morristown