Renovating a commercial building has always proved to be beneficial for businesses. Not only does a new fresh and decent look attract customers, but also increases your staff’s happiness and satisfaction which can ultimately turn a company’s bottom line. Even if your business looks just fine, it is time to take it to the next level. Especially with all the changes that have been happening around us due to the ongoing pandemic, there is no better time to have your office renovated and to welcome back your employees with new and positive energy.
Aside from the benefits mentioned above, there are other reasons to renovate your commercial building. This blog discusses some of these benefits below. But, first, let’s discuss what renovating a commercial building will exactly entail?
Commercial Renovation Projects
A renovation project involves restoring, repairing, and remodeling a structure. Renovating a commercial building could mean repairing, functionalizing a space, or simply adding more appeal to the building’s design. It may take many forms, such as; repainting the walls, upgrading the electrical system, remodeling the floors, replacing old office equipment, upgrading HVAC systems, and more.
Here are some of the benefits of renovating a commercial building.
Greater Energy Efficiency
Energy bills tend to cover 50-60% of office expenses. This is why most business owners are looking to reduce their energy consumption and hence their energy costs. Therefore, if you add some energy-efficient and eco-friendly designs into your renovation plan, you can significantly decrease your electricity, gas, and water bills.
Some common green building features that businesses install to reduce their energy consumption include:
- Installing energy-efficient HVAC systems
- Making improvements in your current HVAC system, such as insulating or replacing ducts to prevent air leaks
- Installing programmable thermostats
- Replacing existing light fixtures with new energy efficient LED fixtures
- Replacing old windows with double or triple-pane windows
- Installing low flow plumbing and more
Implementing these green solutions in your remodel plan can help you reduce your annual energy cost by as much as 30-40%.
Improve Traffic Flow To Your Business
Apart from having exceptional products and excellent customer service, an easy way to attract new customers is by having a contemporary and inviting commercial space. When people go shopping in commercial areas, they are usually there to do more than just shop for a few products. They’ll want to look around and see what other brands have to offer. However, if anything about the structure or interior of the building puts them off, they’ll want to leave the building as soon as possible. This can significantly harm businesses operating in such facilities.
On the other hand, renovating a commercial space piques local people’s interest. The modern, updated, and eloquent design of your commercial space will not only attract more clients but will also impress your existing clientele, who may recommend you to other possible clients.
Improve Employee Performance
Your business should not be all about your clients; your staff are just as important if you want your business to excel in the market. Their performance can directly impact your business’s productivity, affecting its bottom line. Therefore, it is crucial that you take care of your staff’s needs and happiness. Having the right wall paint on the wall, a functional workspace, or an incredibly designed break room might just be what your employees need to enhance their creativity and have a more productive workday at the office.
Create A More Efficient Use Of Space
Renovating a commercial space can help improve efficiency and provide the right amount of space to staff and customers to complete their tasks or shop easily. It is also an effective way to uncramp your spaces and turn them into more airy and spacious workable layouts. Office layouts should also help maximize the interaction of employees. This can increase the productivity of the office. So, whether you need more or repurposed space, a renovation plan should be well thought out to improve the efficiency of your business.
About BelVan Construction
BelVan Construction is a qualified commercial general contractor based in Edmonton. We provide premium yet affordable construction and renovation services throughout Alberta, Saskatchewan, and BC. Contact us here for more information.