4 Reasons to Build a New Office
Office needs often change during a company’s lifetime. Perhaps the space is too confining, the location is no longer convenient, or there are too many maintenance concerns. Whatever the issues are, there’s no reason to let them stifle daily operations. Here’s why working with a commercial contractor on a new office building might be the perfect solution.
What Are the Advantages of New Office Building Construction?
1. Cost Efficiency
Trading rent for a fixed mortgage means you’re paying the same amount every month instead of dealing with yearly hedge inflation. You’re also investing money instead of giving it to a landlord, which means you’re building equity and increasing cash flow.
Depending on the size of the building, you could use it to earn additional income by renting out supplemental office spaces and meeting areas. Paying a mortgage also means deducting the loan’s interest and building maintenance expenses on your taxes.
2. Happier Team Members
Working with a commercial contractor provides the opportunity to design a space that you and your team will love. An open office layout with ergonomic furnishings, a convenient building location, a full-size kitchen, large windows, and a tranquil courtyard for lunch breaks are just some of the perks and features that can boost employee morale and productivity.
3. Brand-Specific Touches
A new office building often improves the company’s reputation by creating a visually-pleasing result infused with brand touches. For example, the design can include hues from your brand’s color palette.
It also allows for effective logo use, such as on the doors and floors, to cement the business in the minds of consumers. By dazzling customers and affiliates who enter the office, your company creates a positive, lasting brand impression.
4. Expansion Options
If your business keeps growing, a new office building allows you to hire more employees, store a larger inventory, and install additional equipment. You could experience a revenue increase because you’re able to provide a broader range of services or products.
Discuss your office building vision with Building Innovation Group in Rochester, NY. The fully licensed and insured commercial contractor provides design-build services for a wide variety of commercial clients, including schools, hospitals, and office buildings. Call (585) 586-6710 today to start the project, or visit them online for more information.
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