Construction and Development: Choosing the Right Company

If you’ve just completed the plan for your business and you are now ready to get your business headquarters built, then you need to make sure you choose the right construction and development company. You see, construction isn’t a simple process. It involves several activities that complement each other and typically require in-depth knowledge, precision, and discipline. The building where your business will be housed is an important part of your success, so you have to make sure it is built right and built to last.

Construction and Development

Questions to Ask

In choosing a construction and development company, there are a few important questions you need to ask your prospects.

  • How long have they been in the construction and development business?
  • How many team members do they have?
  • What particular areas do they serve? Do they have a specialization?
  • What are their qualifications?
  • Are they members of any associations or organizations in the construction and development industry?
  • Do they outsource any task, process, or any part of their overall work?
  • How do they communicate with clients throughout the construction process?
  • How good are they at completing projects within the client’s budget and within the agreed timeframe?

The answers to these questions will give you a good idea as to whether a particular company is one you can harmoniously work with or not.

Tips

Here’s how you can go about finding the right construction company to work on your building project:

  1. Make a list of prospects. Ask your family, friends, and colleagues for recommendations. Do a Google search on reputable construction companies in your area. Check the yellow pages.
  2. Do your research. Check the background of every company on your list and slowly narrow down your options based on what you find out about them.
  3. Once you have narrowed down your list of prospects, go talk to them directly so you can narrow down your options even more. This is when you get to ask the questions mentioned earlier. You may also want to ask about insurance and what happens in case of accidents during construction.
  4. Ask for references. It is always a good idea to ask previous clients about their experience working on a project with a particular company. If a company refuses to provide references, you may want to cross it off of your list.
  5. Check with your local business bureau. If there is a company on your list that does not have good standing in the bureau, consider that a red flag and scratch that company from your list.

If, after going through this process, there are still a few companies on your list, it’s time to compare rates. Ask for quotes from each of the companies on your list and then go with the one that has the best terms. This doesn’t necessarily mean going with the company with the lowest quote. Rather, you should go with the one that offers the best package in terms of services and cost.