Companies that offer an Employee Stock Ownership Plan (ESOP) for their staff members provide an opportunity for their workforce to have a vested interest in their success. By virtue this creates a long-term incentive for employees to stay with the company and an eagerness to make the company even more successful.
Posts about Professional General Contractor (4)
Construction Broker Service Compared to Professional Construction
As construction broker companies continue to pop up, they’re coming up short compared to a Design-Build – General Construction (DB-GC) Firm in many important areas for project success. DB-GCs provide much more control over the schedule and the budget on your project versus a construction services broker.
Medical Office Design and Construction for Savvy Docs
For over 70 years, Wolgast has developed specialty design and construction services for Medical Practitioners and efficient use of their space. We keep in mind the patient flow, staff flow, regulatory requirements, and design elements for comfort for all. Please view the short video linked above that displays our experience and abilities to make your space great for everyone who uses it.
How Much Will a Phase I Save Me on Architectural Costs?
Short answer is roughly 20% or more. Through a number of cost saving opportunities, the Design/Build Phased Approach to construction can be the most economical cost- and time-wise, not only saving on Architectural services, but also on the overall construction budget.
Cost Segregation Study Can Help Find Cash Hidden in Your Building
(At Wolgast's request, CPA, Andrew Rose of Rehmann's Commercial Industry Group, generously shared the following expert insight into Cost Segregation to help guide our clients to find tax savings in their building.)
As the economy rebounds, businesses are becoming more profitable. At the same time, higher individual taxes are placing a financial burden on business owners. If you’re looking for ways to reduce taxes and boost cash flow, consider a cost segregation study.
Guess: Which Profession Has no Room for Errors?
I caught a rerun of Family Feud on GSN recently and the question was posed, “What profession has no room for errors?” They featured seven possible answers. I automatically thought of physicians, which was the top answer. After that, it became a little tougher. Police officer was up there, but neither pilot nor bus driver were. So what else could it be that 100 American people thought? I was on the edge of my seat to find out. Then they said it, "Construction"! Of course, being in the industry I know this, but I didn’t know that the majority of people on Family Feud would have thought of it.
Construction Scheduling for Dental Offices
Continually meet with patients throughout construction
Dentists sometimes put off improvements to their building space due to the anticipated disruption of their business. Determining how to remodel their office or relocate to a new space when a practice can’t survive without an active patient load can feel like a big risk. However, I’m here to tell you that it's possible to remodel, renovate or relocate a dental office with minimal impact to your practice when you use a professional contractor.
The Good and the Bad of How Contractors Lower Their Bids
In a competitive bid situation, contractors can go to the extremes to lower their bids, especially when work opportunities are scarce. In the end, a business owner may like the price, but may not like the final results.
An Answer to the Price per Square Foot Question
It never fails. Each and every trade show where I “man” the booth, the same question is asked that makes me cringe. This question is impossible to answer on the spot, as there are so many variables involved and it’s a slippery slope to give anyone an incorrect answer. Some of you may have guessed already, but the question I’m talking about is “What would the estimated square foot price be for a new [insert building type here] building?” Whether it’s a restaurant, manufacturing, medical or dental show, the answer is always the same—“it depends on the site, size and cost of the finishes you select,” which is usually followed by an eye roll of the inquirer. It's not a good feeling to let down a prospective customer, but, like I said, it’s never good to guess and tell someone too low and unknowingly get them excited about how inexpensive it could be, on the flip side, if you tell them too high, they walk away without any further discussion.
To Use or Not to Use a Pre-Engineered Metal Building
We have had all kinds of business owners from varying professions ask us about using a pre-engineered metal building when they’re fact finding about new construction for their business. We tell them a general rule of thumb to consider is that metal buildings are best for businesses that want an industrial look, or have a big enough budget to dress up a pre-engineered building with brick or EIFS (for example) to mask the industrial façade.