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Tuesday, March 27, 2012

Office Renovation Pros and Cons

If you are considering an office renovation, you have a lot to think about. You have to consider whether your motivating factors are strong enough to overcome the difficulties that will ensue once you begin a building renovation. While most experts will recommend an office renovation if your location is particularly old or has suffered some sort of damage that makes it less safe or unsightly in any way, they will also admit to certain difficulties that must be suffered while the remodeling takes place.
Reasons to Renovate
There are plenty of good reasons to begin an office renovation. One thing that drives many owners and managers to initiate such work is the opportunity to save money in the long term. This can happen if the renovation is carefully planned to enhance the efficiency of the staff working there. Many managers also consider how a remodeling of the workplace might increase worker satisfaction, which will also increase productivity in the long run. Finally, some office managers and business owners request a renovation in order to help their office space become more environmentally friendly by weatherizing the entrances and exits and otherwise support environmental sustainability.
Second Thoughts
There are definitely some good reasons to hesitate when it comes to a building renovation. The two most immediately pressing concerns with such work are the costs and the short-term disruption of work which will ensue no matter how hard you try to avoid interruptions. There is no question that office renovation can cost a lot of money. The more ambitious your remodeling plans are will increase the cost and the interruption of work. You can justify the expense as a tax write-off but the disruption of work can have long-lasting effects on income.
Costs
The costs associated with any building renovation will vary according to location and the extent of the work requested. As an example of what might be involved, consider the following workspace adjustment. A businessman recently installed four dual-flush toilets and a waterless urinal in the bathroom of his company office. This cost $1,715 up front. However, this saves him 38,000 gallons of water each year. Depending on water rates where you live, this could save you an enormous amount of money on the utility bill.
Provided that you can afford the immediate cost, an office renovation is usually a good idea. The savings can easily make up for the initial costs. Increasing worker satisfaction and the mere appearance of the office can have a big impact on productivity.