Rainbow Construction

To Renovate My Commercial Space, or Not to Renovate?

Why a Commercial Renovation Might Be Your Best Bet for a More Functional Workspace

Is your workspace starting to feel a little outdated? Or, has the pandemic made you want to make some changes to your layout? Perhaps your team has started outgrowing its space as more and more folks return to work. You might be wondering whether it’s a good time to sell your space or, maybe you love the location and want to just make some improvements.

A commercial renovation can make a world of difference in the efficiency of not only your building, but also of your team! Here are a few reasons you may want to consider renovating your current building instead of moving outright.

Location. Location. Location.
As we mentioned above, you purchased your existing commercial space because it was ideal for your business. Whether it’s on a busy street or hidden away in the suburbs, you chose that space because you liked it. So, why move? If you can make your existing space more conducive to your needs, you’ll have the whole package! Location AND a great and updated building.

Custom Designs to Suit Your Needs
You’ve been in business for a long time, so, you know what you need to be able to be efficient in a space. Rather than searching high and low to find a space that might be a good fit for your needs, why not just renovate your current space to include the elements you need to be successful? Our experts can help you design the perfect floorplan for your needs.

Higher Return on Investment
Think about it. Anytime you sell a space, be it a home or a commercial space, if the building will require upgrades to be more efficient in energy, the cost of those repairs will likely come out of the profit you’d make on the building to get it ready to sell. Rather than losing your profit by selling the building as-is, why not renovate your space and save the money you’d spend by selling and acquiring a new space. By investing in a renovation on your space, you’ll not only add efficiencies to the building which will save you money in the long run, but you’ll save money by keeping your existing property.

Happier Employees
In 2020, many employees and companies alike had to adapt to a new way of working—from home. At home, there is no doubt that your employees aren’t comfortable. After spending almost a year working remotely, returning to the office has proven to be tougher on many employees (and businesses alike). Upgrading your employee’s workspaces to make them more efficient with a better ambiance may just give your staff the extra incentive they need to be more productive.

So, what are you waiting for? If you’re considering a renovation for your commercial space, our experts are here and ready to help you make the most of your space. Contact us, today!

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