As your company grows, you’ll eventually need to expand your business to a new facility. This is a big step so it’s important to consider your options very carefully. A lot of time and energy is spent finding the right location for your new facility but equal attention should be placed on the building itself. You have two main options when expanding a growing business. You can build new structures or you can use existing buildings.

Many things will influence your decision such as your budget and the location where you want to expand. For this reason, expect to spend some time researching the pros and cons associated with both options and use the following tips to help you get started.

Expanding Your Business Can Require Building a New Facility

Building a new facility has its advantages. Starting with the fact that you can design the building exactly the way you want it, down to every little detail. Other advantages include not having to worry about replacing anything anytime soon because everything in the building will be new and all building codes will be up-to-date.

There are a lot of details to work out when building a new facility but you don’t have to do it alone. Our professional design team in Miami can help you through the entire process from creating the initial design to choosing the contractors for the job. Building a new facility will normally take longer to get into and it will most likely cost more than using an existing facility. Therefore, be sure to factor your budget and the time frame for being into the facility into your decision making process.

Renovate or Remodel an Existing Building

When you use an existing building, you have two options. You can choose to renovate or remodel the building. Renovating includes painting, updating the flooring, landscaping or anything else that makes the current structure more visually appealing.

Since you’re updating the existing structure and not making any major changes, it’s the least expensive option and you can get into the building faster. The disadvantage is that the structure may not have certain features that would allow you to run your business more efficiently, which is why many businesses choose to remodel instead of renovate.

Remodeling normally involves making major changes to the structure such as adding a room or moving a wall to give the building a completely new look. However, it can have many advantages. For example, you’ll have a fresh, new environment in which to run your business without the cost of building from ground up.

Remodeling an existing structure can be time consuming and a bit stressful because just like building a new structure, there are a lot of details to work out. This is why most companies turn to a professional design team for advice. Here at J. Design Group, we’ll work with you to determine what changes to make to ensure the structure is best suited for your business.

Expanding your business is a big step with many obstacles to face but choosing the right facility can help get things off on the right foot. Take your time and go over all the details carefully along with the pros and cons of each option before you make a final decision.