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Building versus Renovating Print E-mail

Can't make up your mind to build a new facility or simply renovate, here are some helpful tips to help you decide.

Your first step is to compare and contrast the opportunities and constraints of your existing facility with those of a new building. In short, if you don't have a lot of money, renovate your current structure. If you're ahead financially, build new.

If you decide to renovate your existing facility, there's plenty to consider. First, evaluate the building's condition. Is the facility worth building_or_renovate.jpgexpanding? Is it structurally sound? Will the HVAC need to be upgraded? Next, look at the site condition. Is there room to expand? Could you add parking? Is this where you want to be located long term? Finally, consider the market. Is there potential for growth in the area?

If you decide to build a new facility, you'll also have a few questions to ask yourself. First, evaluate the building site. Is there affordable land in your desired location? Is it visible, accessible, and large enough? Of course, you'll also have to consider the cost. How much money do you have to put into the project? Finally, define your goals. What is it you want to accomplish? How will you balance functionality with impressive design? Investing in a new facility is a complicated process, but answering these questions can make it a bit easier.

How to renovate while running your practice
Your facility could use a fresh look? How can you update the facility without interrupting your daily operations?

Here are some tips for working around the mess:
Bite off a bit at a time. If you can, try to complete the work in phases, either room by room, or even task by task, such as installing flooring in a room first, painting the walls second. Wrap up tasks as best as possible before moving on to new ones.

Do as much as you can off site. If you're going to refinish or build new cabinets, retail shelving, or benches, have the work done away from the clinic and then brought in. This minimizes interruptions and allows you to focus on your patients.

Be flexible. Consider offering services in your office, an adjacent lease space, or a trailer set up in the parking lot. Exam rooms can function as offices, and cages can be parked in the hallway. 

Schedule smart. If you lose an exam room due to renovations, you can extend your clinic's hours to accommodate all of your appointments. While this may be inconvenient for some clients and team members, often they'll be so excited about the changes that you'll actually see revenue grow during construction.

Some renovations may seem disruptive to your daily workflow, but you'll be surprised at how much your clinic can sustain. Follow a phased plan and you'll be better than normal in no time.

Source: Mark Hafen - Mar 1, 2009, Sep 1, 2009 VETERINARY ECONOMICS

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