4 Retail Renovation Tips

retail renovation

Renovating your retail outlet can be an exciting turning point for your business.  Not only can you expand, but you can also update and rebrand your organization.  That said, a retail renovation should be carefully planned as downtime can have detrimental effects on your bottom line.  Consider these tips when contemplating a retail renovation.

Get Ideas From Your Team

Other than yourself, the people you work with have the greatest understanding of the operation as a whole.  Your team works in the environment on a daily basis and therefore has an innate appreciation for how things function.  Getting renovation ideas from your coworkers and employees not only utilizes a deep well of business knowledge, but it will strengthen company bonds and camaraderie.

Work With What You Have

Levelling your retail outlet and building it back from the ground up is inefficient, disruptive and extreme.  Work with and around the infrastructure that’s already in place to reduce construction time and delays in getting back to business.  Unless there are already major problems, rerouting plumbing, electrical wiring and ventilation systems is not the best way to spend your time and money.  Concentrate on ideas that will realistically improve the space without causing major disruption.

Schedule Appropriately

The longer your doors are closed, the harder it will be to get customers to come back after you’re finished renovating.  That said, working with a realistic schedule is just as important as reopening your doors quickly.  It doesn’t help your cause if your rush to reopen results in a sloppy, half-finished environment for your returning customers.  Ensure you’ve scheduled enough time to get the job done properly while minimizing the duration of closure.

Stay Within The Budget

Keeping the budget balanced can be one of the most important parts of renovation planning.  Going over budget can have grave consequences for your company’s future.  Careful preparation will ideally allow you to foresee any problems and prevent cost overruns.  Comparison shopping with multiple contractors will give you a better idea of the range of costs you will face and allow you to make decisions that work within your budgetary framework.

 

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George Nela
George Nela
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MMD Construction built us retail space on the second story of our current store space. Dino and his team built walls, cut out spaces for internal windows, ran wiring, installed lights, and put down floors. The job was done timely with minimal disruption to business and we now have a functioning business up on the second level. Thank you!
Ben Adelman
Ben Adelman
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MMD is one of the best companies I have had the pleasure to work with. Highly professional from start to finish, available any time to meet or speak with you. MMD has a great team that meets deadlines and delivers. One of the things that I liked about working with them was that they were very experienced and anticipated any possible complications. They were fully transparent from the beginning of the process, so there were no surprises later.
Alina T.
Alina T.
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We’ve done 2 projects with MMD Construction. The high standards of the company are reflected by their employees and the trades they work with. MMD's team delivered our design & build project on time and on budget. If we have a third project in our future, you can be assured that we’ll work with MMD Construction again!
David Lee
David Lee
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We recently used Dino and his team to do a commercial build for our interior space. They were very professional and knowledgeable. MMD was able to deliver our job ahead of schedule and on budget. Great people to work with. We would hire them again in the future and would recommend them for your next job.
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