5 Strategic Tips For Building Or Renovating A Retail Space
Creating your dream retail space might seem a little daunting at first as there is so much involved in the process. Whether you’re building anew or renovating your existing space it can be hard to even know where and how to begin.
There are some tried and true tips that we have here, to make the process for any retailer just that little bit easier. As always, at Ramvek we are happy to help you with retail fit outs in any way we can.
Let’s dive in:
Identify areas that need work
First things first, renovating or building in an existing retail space could require a complete demolition. You should focus on figuring out what aspects of the current infrastructure and framework you can use.
A great tip is to understand that renovating expenses can be shortened by keeping existing plumping fixtures, electric panels, gas lines and so on. With these things not requiring complete replacement, you can save yourself money and time.
Develop your vision as a team
The actual design aspect of creating a new retail space for many is really fun. This is why we recommend getting some input from the rest of your retail team to come up with the best vision that works for everyone. Your team will have different ideas and feedback about what they think will work and what won’t.
Coming to a shopfitting company with this vision and understanding of how you and your team want your retail fit out to work and flow, is only going to help the process.
Choose the right shopfitter that can support your team
Never settle! After all, it’s your space and you need a commercial renovation shopfitter who not only specialises in retail spaces but offers you the service you deserve.
A reputable company will sit down with you, listen to your proposal and answer all of your questions. At Ramvek, not only do we have all of the necessary qualifications and authorisations, but we’ll focus on building a relationship with you and the team. We can help with everything from project management to manufacturing.
The right shopfitter will have years of dedicated experience and the ability to showcase previous work and experience. You can find out more about our retail projects here.
Create a timeline and budget
Keeping your store closed for a long time is just not feasible for you or your staff. If you are a new business and you’re in the process of hiring people and getting everything in order, you also can’t afford to be waiting too long for renovations to be finished.
You must come up with a reasonable timeline for renovations to be completed, to ensure the retail fit out is moving forward and that you can ensure your launch or re-launch can happen when it’s expected. This timeline should already include excess time in case of issues or emergencies.
The same goes for your budget. You should estimate all costs plus a little extra to cover anything unforeseen at the time of planning. To help financially keep your retail business afloat, you can move your business online, use any excess cash or even a business loan to support your retail business while its physical doors are closed.
Don’t reinvent the wheel
When you’re planning your renovation or construction, keep in mind what your existing space already has to offer. As mentioned above, you might be able to keep things like plumbing and gas as is to save time and money.
When it comes to the design of your space and the specific retail fit outs like stock shelving and your front counter, you don’t need to reinvent the wheel for the space to work. Sometimes simple is best and all you need to do is put the customer at the centre of your design to ensure the space works as well as it should.
We offer full service from retail shop refurbishment to design and construction <h2>
Ramvek provides a stress-free retail construction, design and fit out experience. We work with large and small scale stores to create wonderful retail spaces. Whether for tech shopfittings or cosmetics shopfittings, our team of experts can help. Contact us to discuss your retail project today.