January 2019

Building, owning, and managing a new commercial build requires a number of key ingredients. First, this is a substantial investment that needs to be made, and then you need to have the time and knowledge available to put into the process. It’s definitely not for the faint of heart.

Royalty Free Photo

The good news is that there is no need to head into the process blindly and just hope that you make the right decisions as a building manager. Instead, you can do your research, speak to those in the industry, and use this handy guide of essential tips for managing a new commercial build, which comes in handy whether you will be renting out the build to commercial tenants or moving your own company into it.

Choose a General Contractor/Builder Wisely

Your first chance to step into that managerial role starts with who you choose to hire as your contractor or builder. This is where due diligence and research really pays off. You want to be sure that the building you use has an excellent reputation, uses skilled laborers/architects/engineers, follows all building codes and regulations, and will stick to a specified timeline and budget. This is a choice that can literally make or break the success of your new commercial build.

By opting for those with a strong reputation in the business, such as these Chicago engineers who are experts on the building process in Chicago, you know you’ll be guaranteed quality. Not only that but experienced engineers can also provide you with a design that works with your budget, size, and business needs.

As a side note, you want to be able to use a builder that you can trust enough that you don’t need to be at the job site overseeing everything. Most people can’t afford to drop everything and supervise a build.

Always Be Mindful of the Budget

While it’s normal for things to pop up during the build, you want to be sure that you are always mindful of your budget. Keep in mind that any change you make that doesn’t fit with the original design is going to affect the cost. Obviously, you don’t want to end up way over budget simply because you failed to keep track of changes you have made.

Consider Making the Building a Green Property

With today’s resources and knowledge relating to energy efficient practices and materials are concerned, you may also want to take a green approach with your building. While some techniques may cost a bit more initially, keep in mind that these measures will all help to improve the energy efficiency of the building and cut down on its operating costs.

Take Advantage of Modern Technology Features

Since you are building from scratch, you also have the opportunity to take advantage of modern technology features that can offer extra value. Ensuring, for example, that it is a “smart building” is incredibly popular at the moment.

Each of these tips will help you to …

If there’s a gap in the market for a certain product in your local area, being the first to tend to the demand for this product can prove to be highly profitable. For aspiring entrepreneurs, retailing is a great way to go as you can decide how big you want your business to be from the beginning. There’s always room to scale up as profits increase.

Royalty Free Photo

Wholesale retailing in particular is a successful business plan for a number of reasons. For one, you’ll be able to purchase large quantities of stock for dirt cheap and undercut competitors when you sell that stock due to the volume of each sale.

This type of business is also highly flexible. If you notice that there’s a demand for another type of product, you can always add it to your inventory, be it tech, food, fashion or cosmetics. On the other hand, if a certain product isn’t selling, you can drop it and move on to something more profitable.

Groceries

Food is the number one need, so there’s always a demand for it. Depending on where you choose to set up shop, there may likely be a lack of grocery stores in close proximity to the locals living in that area.

Be sure to conduct a market survey in order to determine whether your location is suitable. Profit depends on quantity more than markup, as people are only willing to pay so much for food. This is why choosing an ideal location is so important.

Jewelry

Opening up a luxury jewelry business is extremely expensive. The exuberant prices that you can charge may be enticing, but this isn’t a viable business model for entrepreneurs who are just starting off.

Wholesale jewelry that tends to the masses, on the other hand, is highly affordable and if you find the right supplier, it is also highly profitable.

Obtaining your stock in the East from a reliable and affordable supplier such as Thailand wholesale jewelry allows you to choose how much product to acquire depending on demand.

Beer

Beer is widely consumed and always in demand. Pubs and chain stores tend to charge high prices for their products, which is why a wholesale beer business is a great idea. Customers will value being able to purchase their favorite brands for significantly lower prices.

Beer is also bought in large quantities for events and functions, allowing you to sell more than just single cans and bottles. Here you can offer bulk discounts for large orders, creating a steady stream of repeat customers.

Footwear

While residents in more upmarket locations will prefer brand name footwear from well-known stores, less wealthy people will value being able to purchase footwear for significantly cheaper.

After all, shoes don’t come cheap, and this is namely due to the significant markups charged by popular brands. If you can acquire affordable footwear and sell it at significantly lower prices in the right area, a steady demand will arise.

As you can see, …

Customer Satisfaction

In the world of business, you are constantly looking for methods to grow your company. You want to reach new potential customers, interest them in your product or service, and you want to cultivate a culture that promotes customer loyalty. These are all desires that a successful business owner should have. One avenue that you may have overlooked to do just all of that is email. While many customers tend to put their spam folders set to anything coming in from a business, this largely because the business itself doesn’t know how to utilize emails. As such, they end up missing out on potential customers. In fact, they may just be driving those customers away.

This is where Happy Grasshopper comes into play. Their a company that can create satisfying emails that your customers will not only read, but they will also respond to. Many clients of Happy Grasshopper have been thrilled with the response from their customers after they’ve signed up for Happy Grasshopper and utilized their resources to send out quality emails.

Who Does Happy Grasshopper Work For?

If you’re not quite sure if your specific business is something that can benefit from Happy Grasshopper’s work, consider some of the sectors they’ve worked in before. They have helped business owners in the real estate, insurance, brokerages, franchises, finance, small business, loans, sales, and consultants sectors. Besides their email services, they also offer blog writing services where experts and well-researched individuals offer up additional tips on how you can expand your customer base and improve customer loyalty.

Essentially, if you sell, then Happy Grasshopper has something to offer you. With their help, you can send out quality emails that can bring in new customers to your business as well as keep your team informed on improvements they can make within the business. With multiple plans available, there’s no reason why you shouldn’t give Happy Grasshopper a try and see how they’ll help you.…