15 January 21 By Choice Office

How to Budget for an Office Renovation in 2021

two people sitting side by side with laptops and a pad of paper

Renovating and repurposing office space can have a variety of benefits for both employees and employers. Employees often enjoy greater productivity and higher morale in newly renovated offices, whereas employers benefit from a more positive corporate image and professional appearance. 

No matter which way you look at it, office renovations add a lot of value to an organization, but it’s important to remember that office renovations are major projects that require the care that only an expert office installation company can provide.

Here are some important considerations to make sure that your renovation goes smoothly, meets expectations, and follows the budget and schedule set out at the beginning of the project.

Understanding Your Needs

Before the interior designer starts planning your office layout, you should make sure that they have all of the information they need to give you the best result possible. How many workstations do you need? Will the workstations be cubicles? Do you require antibacterial surfaces and sanitization stations? How many bathrooms does your office have? How many ethernet ports does your office need? 

As you can see, the list goes on and on. There are a lot of factors that your designer will have to take into consideration when designing the perfect office space, so it’s important to make sure all of your needs are communicated and met. 

Expect the Unexpected

While a professional office installation company like CHO1CE Office Installations does everything possible to keep projects on schedule and on budget, sometimes, unforeseen circumstances arise.

Just like a home renovation project, corporate renovation projects follow the same rule of thumb: putting aside about 20% of your overall budget for unforeseen, “out-of-scope” expenses, in order to keep your renovation from being brought to an unexpected halt.

Prepare Your Budget Wisely

As with many things, sometimes short term savings come with long term costs. When preparing your budget, make sure you understand the long term effects of any “shortcuts” you may be taking in order to save money in the short term. 

Opting to use a less-than-professional office installation company can have a seriously negative impact on your project and incur more cost than if you had selected a professional office installer in the first place. 

If you decide to go for more budget-oriented materials for your office installation project, make sure you have a clear understanding as to how that will affect the longevity of your office features – including warranty and average lifespan of the products.

Leave it to the Professionals

As the old adage goes, “The only thing more expensive than hiring a professional is hiring an amateur.”

You want to have confidence in the fact that everyone who is working on your office renovation and furniture installation is a trained professional that knows exactly what they are doing. Luckily, the experts at CHO1CE Office Installations have completed thousands of office renovations and office furniture installation projects across Toronto and the GTA. 

Our team of professionals will work with you to make sure that your office renovation is done right the first time, while managing the project every step of the way.

CHO1CE’s team of experts are here to help you every step of the way. Get in touch with us to start planning your Toronto office renovation today.

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