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Wolgast Blog

Construction blog discussing trends, tips, and insider information from a commercial contractor specialized in general construction, design/build, construction management, and insurance restoration.

Posts about Financing Construction

What to Know about Lease Hold Improvements for Your Business

Office Remodel (Part II)

As a business owner or manager, you want to make your working space comfortable, attractive and efficient for your work force.  Currently popular in office settings is open daylighting, LED lamps, replaceable carpet squares and work stations with standing options.   If you don’t own your building, you may feel restricted to make these changes until your ownership status changes, but it’s more likely that your landlord will be willing to work with you to make updates and keep you as a tenant.

Leaseback: Get a New Building While Keeping Capital in Your Business

 

Build to Suit

Is There a Future in Commercial Investment Properties for You?

Have you considered commercial investment properties to add to your portfolio?  On a surface level, it seems like a long-term, but easy investment that will generate ongoing income and also potentially appreciate in value the longer you own it.  For those who have capital to invest, is it the right type of investment for you?

Questions Commercial Buyers Should Ask When Shopping for a New Building

Once you’ve already determined the approximate size of the space you need, your budget, general location desired, and that the investment will fit within your business objectives, it’s time to start shopping for suitable building for your company changes.

Your Business Plan and Your Building

A critical element of your business plan is a realistic budget for anticipated expenses, along with possible revenue streams. One of the biggest expenses of a business is the building cost.

The Best Method to Build Light Commercial & Light Industrial Buildings

Light Commercial Buildings include (but aren’t limited to) medical practices, dental practices, office buildings, restaurants, banks, auto dealerships, and generally any building that is 25,000 s.f. or less and used for commercial business.

SBA 504 Provides Easy Financing for Small Business Growth in Michigan

It’s not unusual that I encounter potential clients who are expanding and need new space to accommodate their growth, but aren’t able to expend their capital for the down payment on a typical bank loan.

Will a Non-Qualified Bond Work Better for My School District?

Michigan School Board of Education (BOE) members have lots of decisions to make in regard to Bond Programs for school improvements. One of them being how to sell the Bonds.

Tips to Pass a School Bond Election

We have found that there’s not a single formula to passing a school bond vote.  Every community is different in regard to their support of their school district, so each campaign needs to be tweaked and managed.  However, Wolgast's School Facility Specialists have discovered a couple of tactics over the years as former School Superintendents on how to give every bond campaign a better chance for success and offer their expertise as part of our Pre-Bond Services.

First, the most important aspect of a success­ful millage election is staff and community involvement in the planning process. With that said, the likelihood of the passage of a millage proposal is determined days and even months prior to the election.  The devel­opment of the bond proposal, the inclusion of groups that will be af­fected by it, along with the marketing plan and execution are all key ingredients that will help lead to a successful election.

Four Steps for School Boards to Plan a Construction Project

So, you’ve been elected to your District’s School Board and have four years (or so) to help make the best decisions for the students and staff. You likely anticipate facing many issues that’ll require research plus your life experience to decide what’s best for your School District. One of those issues could be the maintenance, remodel, rebuild or relocation of school buildings. Do you know where to start? Below, we explain the steps you should take to have a successful construction project.

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