Looking to renovate office space in the New Year? Undergoing minor construction or taking on a full-scale office remodel can not only upgrade the look of your space but can also help boost your company’s bottom line! Many businesses around the nation have reported up to a 60% increase in profits due to a recent office renovation. Whether you’re planning to renovate in the upcoming year or you’re currently in the middle of a renovation, here are a few tips for maximizing your bottom line alongside the completion of your project.
Consider Functionality
While the aesthetics of any office space are important, ensuring your office is functional and designed for maximum efficiency and employee productivity should be your top priority when planning to renovate office space. The functionality of your office depends on your unique team and the way they work. For example, if you work in an office that supports collaboration among team members, potential ideas for an upcoming renovation could include the addition of more social spaces allowing your employees to work together comfortably. Higher rates of productivity and efficiency will not only boost your company’s profits but will lead to higher rates of employee retention and satisfaction.
Save Energy
In 2023, one of the most popular aspects of any office space renovation or construction project is adding equipment that is more energy efficient. For example, installing LED lights, swapping out energy-sucking kitchen appliances in favor of more eco-conscious alternatives, among other options, can not only help save you thousands of dollars per year on your electric bill but also help reduce your company’s carbon footprint. Most energy-efficient products such as major kitchen appliances have a longer lifespan than other devices, meaning they should hold up well in your office for years to come, even when used consistently. Making your office more energy efficient is one of the most beneficial things you can do when taking the steps to renovate office space.
Hire the Right Contractors
While hiring the right team or professionals to assist you as you undergo office space renovations might sound like a no-brainer, it cannot be overstated how important finding the right team of contractors is when looking to maximize your bottom line. Hiring the help of experienced professionals can help you work within your budget to accomplish your renovation project without breaking the bank, and will ensure that renovations are completed within a timely manner to help save on additional costs.
Key Interiors is proud to serve as a leader in office renovation and construction projects in the Chicagoland area. Our Design-Build-Furnish approach streamlines construction projects, providing our customers with a single, trusted resource for office space renovation. Through our unique approach, we are able to consolidate communications and planning, creating a flexible but effective process that identifies challenges, develops solutions, and keeps the project moving forward to meet milestones and goals, maximizing your company’s bottom line as you complete a successful office space renovation.
To learn more about our services or to connect with one of our expert team members about how we can assist you to renovate office space or plan a construction project, contact us today!