Budgeting for your Industrial Flooring Project
Drafting a budget for your industrial flooring project is the most important part of the planning process. Here are a few tips to make budgeting go as smoothly as possible.
What to Consider When Budgeting for a Flooring Project
- Determine your priorities - Industrial flooring projects can be costly endeavors. As such, it might be necessary to complete projects in phases over months or years. It is important to determine which areas of your facility are most in need of flooring installation and which areas can wait. Staggering a project in such a manner will also reduce disruptions to day-to-day operations.
- Account for downtime - While we always do everything we can to limit the impact of a flooring project on your business, some downtime will be inevitable. The potential financial impact such pauses in operations will have on your bottom line should be factored into the budgeting process.
- Plan your budget around your project - Don’t plan your project around your budget. While it can be tempting to set aside a finite dollar amount for a flooring installation project prior to contacting us, we strongly advise against this course of action. Locking into a rigid budget without first consulting Preferred, Inc. - Fort Wayne can result in an undesirable limitation of product options and project scope.
- Talk to a Flooring Contractor First - Before committing to a project budget, we highly recommend you reach out to us for a free estimate. A member of our team will tour your facility and work with you to find a flooring solution that works for your organization at a price you can afford.
