It's a cost efficient way to make the most of existing office space.
As your business grows, refurbishment is a cost efficient way to make the most of existing office space, avoiding an expensive and often unnecessary relocation. Here are top tips for SMEs on how to undertake a successful refurbishment project.
01. Prepare to plan
It may not be possible to keep working whilst your refurbishment takes place so keep the project on a strict timescale. In a small business, lost working time means lost income so put together a detailed programme that will ensure work is completed on time and on budget.
02. Obtain consent
You need to ensure that all interested parties are kept informed and that you have obtained the correct consents. If you don’t have the budget to employ an architect, then it will be your responsibility to contact the local council, English Heritage (if it is a listed building), landlords, adjacent owners and licensing.
03. Do your research
Completing building surveys before the project starts may seem like an unnecessary expense but it will ensure that any problems are identified early – saving valuable time and money later on.
04. Appoint a project manager
It is important that you select a project manager to oversee the refurbishment. Most small businesses may not have the budget to employ an external site manager, so instead make use of the skills in your team and choose someone who is well-organised, confident and has good attention to detail.
05. Keep everyone in the loop
A successful refurbishment project requires cooperation from all members of your business so make sure that everyone is kept informed throughout the work.
06. Sign a contract
To protect all parties involved, a Form of Contract should be agreed before starting work. You don’t need to incur the cost of a solicitor to draw this up; instead use the Joint Contracts Tribunal (JCT), which is a standard form of contracts, as a guideline and tailor this to your project.
07. Keen an eye on your budget
The expense of a refurbishment can quickly add up, and as any small business owner knows, keeping the price down is imperative. All costs should be agreed before the project begins, but you should also have a contingency budget in case any problems occur.
08. Keep a diary
Ensure that a record is kept of the refurbishment, by writing a detailed diary of events and taking plenty of photos at all stages.
09. Communication is key
Although most problems should be identified in the planning phases, changes may occur as the project progresses so make sure that these are communicated to the entire team as soon as they arise.
10. Pay attention to detail
Details can make or break a refurbishment project, so assess the quality of work on a regular basis and check that all finishes are executed to the highest standard – after all that’s what you are paying for!
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