electricity. The depth of your floor plan and changes will determine how much you need to do. You probably don’t need an extensive overhaul, but you need to spruce it up to match your company’s culture and needs. Bids will cost a little. The construction will be your biggest cost besides the actual purchase. It’s not that this cost is “hidden,” it’s often underestimated. Use trusted builders to create accurate estimates that will help your budget stay on track.
FACTORING DIFFERENT S IFFERENT SEASONS INTO UTILITY COSTS
Now that you own the building, there is no chance you are locked into a set utility rate as you could have been with your previous rate. Now it’s subjected to rising and falling prices. Depending on your area and the climate you live in, brace for raising and falling utility costs. Warehouses in winter generally cost a lot more than they do in the summer to keep them at a good temperature. Consider the quality of the HVAC unit and the AC around the office. Having a tenant will split the costs, which could be substantial in the worst months. If you have more than one, it is still split evenly. Of course, this has a lot to do with what industry you are in. A normal office may have a stable bill for most of the year. It also depends on your location and climate.
LOSS OF PRODUCTIVITY AND RE Y AND REVENUE DURING THE TIME OF THE MOVE
95
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