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Trying to Reduce Retail Fit-Out Costs in NZ? Here’s How to Do It
by zhoosh_admin | Nov 23, 2022
Retail renovations can be necessary for ensuring your business, brand, and environment all align. If they aren’t in harmony, it can be challenging for your customers to enjoy their shopping experience while getting a feel for what you stand for.
As crucial as retail renovations can be, they can also be expensive. Learn how to reduce your retail fit-out costs in NZ by doing some of the following things.
Be Selective With Your Location
You might be unable to reduce your retail fit-out costs through location if you’re renovating a building you currently occupy. However, if you’re leasing a building for the first time, consider the size, location, and current building state to increase your chances of keeping renovations within your budget.
Consider leasing or buying a building that’s already a retail space since a building that already functions as a retail business might already have several features you can use in your new design. Avoid layout changes where possible, especially since structural elements, electrical wiring, plumbing, and ductwork, can all be expensive to modify and install.
Set a Budget
Whether you’re prepared to spend a little or a lot, it’s essential to set a budget to ensure you don’t spend more than anticipated. Working out a budget can be challenging when you’re not in the industry, which is why many businesses work with retail fit-out experts. They can consider your needs and provide estimations. If there’s potential to spend more than you wanted to, they can help you come up with cheaper alternatives.
Before your retail renovation project gets underway, think about your specific needs and the problems you need to overcome. It’s also important to consider how much money you can realistically put into the project, including investor funds and bank loans.
Undertake Extensive Planning
You might think you only need to create a brief sketch and choose some paint colours, but there can be more to the average retail renovation than meets the eye. Many retail fit-out projects cost more than expected and take longer than expected due to poor planning. As the adage goes; if you fail to plan, you’re planning to fail.
Consider aligning yourself with experts who generally know how long projects take and can provide an accurate timeline for peace of mind. Be aware of anything that could cause delays, such as building legislation. Make sure your renovations are compliant with relevant legislation and regulations. You might avoid costly delays and design changes if you choose experts who understand retail-specific guidance.
Reuse and Recycle Materials
We’re in the recycling and reusing generation, so it makes sense to recycle and reuse any building materials you can. The more you can reuse, the more affordable your retail fit-out might be.
You can reuse and recycle a number of different materials, such as plastics, steel, timber, wiring, tiles, carpet, fixtures, and masonry. If materials aren’t any good for you, they might be suitable for someone else. Consider donating materials to your local recycling centres to be given a new lease on life.
Consider Cheaper Material Alternatives
We love brand names, but that doesn’t mean cheaper alternatives won’t suit your needs or be of the same or similar quality. Consider more inexpensive alternative building materials recommended by your preferred retail fit-out specialist.
Using alternative materials can also be an ideal option if there’s a shortage of your preferred material. For example, many builders in New Zealand started using alternative plasterboard products when they couldn’t secure enough of the most preferred GIB plasterboard.
Accept the Best Quote – Not Necessarily the Cheapest
It’s only natural to shop around and see which retail fit-out business can provide the most competitive quote. And while you might decide to accept the cheapest quote, that might not always be the best decision to make. The cheapest quote doesn’t always mean the cheapest quote. Poor workmanship might result in costly problems later on.
Always read reviews about different design and build fit-out businesses to ensure you align with the industry’s best. When you have more than one quote, compare oranges with oranges. Some fit-out experts omit expensive details that cost you more later on.
Rely On Experts Like Zhoosh
As tempting as adopting the classic Kiwi DIY attitude can be, professional retail fit-outs can require a different approach. When you don’t have experience transforming a retail environment into one that suits your business, brand, and customers, it’s easy to make costly mistakes.
You might be able to avoid such mistakes and enjoy a seamless retail fit-out process designed for your budget by aligning yourself with modern and professional commercial interior experts like Zhoosh.
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Auckland
660-670 Great South Road
Building 5, Level 8
Ellerslie, Auckland 1051
0800 753 583
09 553 4552
hello@zooshstudio.co.nz
Christchurch
Unit 8, 19 William Lewis Drive
Harewood
Christchurch 8051
0800 753 583
03 244 0365
hello@zooshstudio.co.nz