Construction Podcast 34: Light commercial remodeling equals more profits
John Price, owner of Artisan Construction & Design, describes why his home renovation firm started doing light commercial remodeling in addition to residential work, and how it helped his company survive – and thrive – during the recession. He told host David Dovell and John Gordon that the benefits of commercial remodeling work include having contracts that are bigger and longer and less “hand holding” of clients, and that working with other construction pros is very gratifying. But you have to demonstrate you can do that level of work, you must document everything, and you must carry more insurance. Plus, you have to find subcontractors who can work at a higher level, and you have to pay close attention to the architect’s plan and notes.