BuildSMART

BuildSMART is an expert publication provided by your friends at Vancon. We are proud to share our industry knowledge in the articles on this page.


Expert Advice on Relocating or Expanding Your Business!

Young Entrepreneurs

Relocating or expanding your business can be a daunting, stressful, and time-consuming process. Your focus is frequently shifted away from your core business as you juggle financial, real estate, design, and construction concerns. Don’t worry, you can reduce your stress level and save time and money by completing an early financial assessment, assembling a team of experts, and documenting your needs into a comprehensive Owner’s Program. Before you begin searching for real estate to buy or lease, consider the following recommendations for a seamless expansion or relocation.

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Construction Delivery Methods Explained!

Contact with Pen

You’ve decided to build; now it’s time to consider “how?”. To deliver a quality construction project on time and on budget, you must successfully coordinate the efforts of the Owner, Architect and General Contractor in an accepted and appropriate contract form. There are three basic project delivery methods: Design/Bid/Build, Construction Management, and Design/Build. Each method has its own advantages and disadvantages, and some methods are better suited for certain kinds of projects than others.

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Light Years of Change: Are You Ready?

Energy Efficient Lightbulb

The light bulbs and light fixtures many of us have used for years are in the process of changing – and it’s coming on quickly. Federally mandated changes in lighting efficiency standards have rendered many common lighting products obsolete. In addition to pressure at the federal level, The State of Ohio and regional utility companies are offering significant incentives, such as rebates and grants, to get the end user, (all of us) to change our buying habits.

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Business Loans: The New Rules

Pile of Cash

So your business is changing. And you’ve decided to embark on a construction project in order to fulfill these needs. Maybe you’re expanding your offices to accommodate growth, or adding a warehouse to centralize your operations under one roof. Perhaps you need an entirely new facility and are debating whether to renovate an existing building or build new. Unfortunately, many of these projects cannot be realized without obtaining outside financing. Lending has become a whole new game, but many are not learning about the new rules until they show up to play, only to find they are ineligible or don’t meet the criteria.

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Church Loans: The New Rules

Pile of Cash

So, your church wants to fulfill its ministry programs. And you’ve decided to embark on a construction project in order to meet these needs. Maybe you’re expanding your worship center for growth and community outreach, or adding a multi-purpose family center to support youth and family activities. Perhaps you need an entirely new facility. Unfortunately, many of these projects cannot be realized due to difficulties in obtaining financing. Church lending has become a whole new game, but many are not learning about the new rules until they show up to play, only to find they are ineligible or don’t meet the criteria.

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Bargain Buildings… Not Always the Best Deal

Old Factory

We’ve all heard about the surplus of empty buildings ready to be bought for pennies on the dollar. Before you make an offer, consider the following.

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