Commercial construction projects are complex endeavors that require careful planning and preparation. From start to finish, there are a number of steps involved in the process. These include obtaining permits and approvals, hiring contractors, purchasing materials, and managing the construction timeline. With so many moving parts, it can be difficult for business owners to understand what is required for a large commercial construction project.
Permits
The first step in any commercial construction project is acquiring the necessary permits and approvals. Depending on the size and scope of your project, you may need to submit an application or obtain permission from local authorities. It is important to research all applicable regulations and requirements before beginning the construction process to ensure compliance with local laws. This will help streamline the project and avoid any costly delays due to incorrect paperwork.
Contractors
Once all permits and approvals have been secured, you can begin the process of hiring contractors for your project. It is important to take your time when selecting a contractor, as they will be responsible for the overall quality of work completed onsite. Be sure to get multiple bids from different contractors and thoroughly review the contracts they provide to ensure all requirements are being met.
Sourcing Materials
The next step is to purchase materials for your construction project. This includes everything from lumber and drywall to plumbing fixtures and light fixtures. It is important to bargain shop for the best prices when purchasing materials, as this can save you a considerable amount of money in the long run. As you purchase materials, be sure to keep an organized list of all items purchased and store your receipts for future reference.
Managing Your Timeline
Finally, managing the construction timeline is a key component to any successful commercial construction project. This includes setting milestones and deadlines throughout the duration of the project as well as establishing goals for each step along the way. By keeping track of progress, you can ensure deadlines are met and all milestones are achieved on time.
Commercial construction projects require considerable planning and preparation to ensure they run smoothly from start to finish. Artis Commercial Capital provides ongoing to permanent financing for large construction projects. Contact our team today to get the funding you need to ensure success from start to finish.