5 Things To Think About: Before Starting on Your Commercial Construction Project

The first thing that people will notice when they come to your business is the environment. The design and set up of the building will create a significant first impression. Therefore, it is important to put a lot of weight on planning for your commercial construction project. After all, it is an enormous investment of money and time – you want to be as perfect as possible.

commercial construction

A commercial construction project is not a smooth ride. Delays, unreliable contractors and budget overruns are common problems in such projects. However, it is possible to have a stress-free project with early and proper planning. Take into account the following things when planning for your commercial building project.

What’s your budget?

Can you afford to finance the project from start to finish? Keep in mind that your budget is the main factor that will dictate whether you’ll be able to achieve the success of the project or not. It would be advisable to seek the assistance of a financial advisor. They will determine the affordability of the project based on the money you have. If the funds are not sufficient, they will advice you on the right financing solutions.

The building permits

Before you touch anything on the construction site, meet the local building regulations by obtaining the permit. By doing so you’ll avoid getting into problems with the authorities. Building rules and regulations will vary depending on whether you are constructing a new building, extending an existing one or altering it appearance. Check with your municipality to know the exact permit needed for your project.

Get good architects & builders

A commercial construction project is a great investment – having the right architects and builders is a must. Before embarking on a project with a professional, make sure they have the right credentials, sufficient experience and a good reputation. Also, make sure that they have good project management skills, communication skills as well as innovative skills. This will go a long way in ensuring that the project runs smoothly.

Prepare a contingency plan

Things may go overboard than expected. It is advisable to have a contingency plan in terms of timelines and the budget. The contingency plan should be 5% to 10% of the total project costs. Even with a set budget some aspects of the project such as equipment and moving costs, plumbing and electrical modifications and landscaping costs can be overlooked.  A contingency plan will cover them when they arise.

Know the roles of all the building team members

Commercial build projects involve many people who assume different roles. Often, the designer will be responsible for the general supervision of the project in addition to providing the commercial design. As the owner of the project you have the overall responsibility of steering the project. You make the final decisions regarding logistics and hiring. Ensure that you understand the roles of the designer, engineer or architect, general contractor, subcontractors and suppliers. It is also important to understand the personnel from the municipalities who might be visiting the site, such as building inspectors, and their responsibilities.