As a homeowner, you understand the importance of regular home inspections to find problems before they become expensive repairs. The concept equally applies to a commercial building you own or manage as part of your job. A building used for a professional purpose require inspections like any other building to find minor problems and make small repairs as needed instead of waiting until a major renovation is required which can be a distraction from the building’s actual purpose.
Protect Your Investment
Not only have you invested in the physical building, but in the business itself which is conducted from the building. Conducting inspections is a means of protecting the investment through outside oversight. Allowing an experienced and professional contractor to conduct inspections is no different than hiring experienced professionals for your sales team. You find the person who is best for the job and trust them to get do it well and work toward your continued business success. Your sales team brings money in, the inspector saves money by finding potential problems before they turn into a major distraction.
The Bank Is Protecting Their Investment
In nearly every case, a bank is going to be involved with the construction and purchase of your building. Just as you need to protect your investment, the bank needs to protect theirs. According to the loan agreement, inspections are likely going to be required to assure you’re maintaining the value of the building while the bank is still a partial owner of the property.
Overall, in addition to the common sense of protecting your investment conducting regular inspections just makes overall good business sense. Your employees can’t work to their potential with distractions such as a roof leak, bug or rodent infestations, poisoning from mold or gas, or any other problem which can potentially arise. Routine inspections give you a chance to find and address such issues before they become such a problem as to prevent your job from being completed.
Your commercial building is absolutely going to need regular inspections. Rather than viewing the price of inspections as a burden, consider it part of the cost of the building and an extra investment to assure your business can remain up and running. Having inspections conducted is going to be an ongoing process which either happens in full once per year or perhaps you may opt for partial inspections twice annually.