Building out a commercial space is often a new experience for business owners. If you haven’t been through the process before, it can be quite daunting. However, if you know what you should be asking your commercial contractor prior to getting the process started, you should feel more at peace with the entire operation. Here’s a list of 18 questions that every small business owner must ask before hiring a commercial contractor, whether your project is new construction or a commercial renovation.
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// ABOUT TYLER
Tyler Cauble is Founding Principal and President of The Cauble Group, an East Nashville-based commercial real estate brokerage serving the Greater Nashville Area. He's a native Nashvillian that has not only been a witness to the city's tremendous growth, but is also involved in it through his developments, renovation projects, and volunteer work.
As President of The Cauble Group, Tyler helps bring together buyers, sellers, landlords, and tenants in retail, office, industrial, and multi-family real estate. He’s committed to helping business owners understand the market so that they can grow their business and be part of Nashville’s future. Cauble is also the best-selling author of Open For Business: The Insider's Guide to Leasing Commercial Real Estate.
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0:00 - Intro 0:40 - How Long Have You Been In Business? 1:00 - Have You Worked On Projects Similar To Ours? 1:22 - Do You Have Project Managers And Strong Subcontractors? 1:46 - Are You Licensed, Bonded, And Insured? 2:15 - How Long Will This Build Out Process Take? 2:29 - What Is Your Payment Schedule? 3:00 - What Sets You Apart From Your Competitors? 3:26 - Who Will Be Designing The Plans? 3:48 - How Soon Can We Get The Project Started? 4:15 - Do You Guarantee And Provide Warranties Your Work? 4:42 - Were Your Last Three Projects Like This One Delivered On Time? 5:04 - How Do You Ensure Project Costs? 5:31 - Do You Have A Claim Record? 5:57 - Do You Keep A Job Safety Record? 6:19 - Can You Provide References For Businesses Similar To Mine? 6:38 - Are Your Suppliers Local? 6:57 - Is Your Bid An Estimate Of Project Costs Or A Fixed Price? 7:19 - What Does Your Schedule Look Like At The Moment?
DISCLAIMER: Links included in this description might be affiliate links. If you purchase a product or service with the links that I provide I may receive a small commission. There is no additional charge to you. I'm also not your CPA, attorney, or broker - consult the professionals!
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