Want To Remodel Your Home? Hidden Facts You Should Be Aware Of

Building contractors, renovation experts, and remodeling designers have a bad rap, and most of the time rightfully so. If you are thinking of remodeling your home, you need to be aware of the following facts that could affect your satisfaction with the result:

1Hidden Costs
Most people understand that they need to pay for building materials, supplies, fixtures as well as labor for a renovation project to be completed but are unaware of any additional costs that may be added to the bill when the work is done.

– Labor may form as much as half the cost involved with a renovation project. These costs could escalate if you require professional services from tradesmen such as electricians or plumbers. Keep in mind that labor costs are usually quoted at an hourly rate so the faster the project is completed, the less you will pay.

– If the project requires an addition to an existing structure, you may need to pay for an engineer or architect to design and submit plans for approval. Without approval, the project cannot move ahead.

– You may need to hire an interior designer to assist you with your project plans. An interior designer is not a decorator and will not just help you choose a paint color, furniture and decor but will provide valuable architectural knowledge regarding the remodeling project.

– Keep in mind any costs that may relate to demolition or the gutting of a room before the construction process can begin. These will add costs to your bottom line.

2Qualifications, Skills And Experience
It is up to you to check whether your selected contractor and subcontractors have the necessary qualifications, skills and experience to perform quality work. If you do not check their credentials, you will have little recourse should the project not be completed to your satisfaction.

You may also want to check references and reviews of past projects that the contractor worked on. It is best to select a contractor on a referral basis from acquaintances who have renovated their homes successfully. Pay special attention as to whether the contractor was able to complete the project on time and within budget.

3Building Requirements
You need to ensure that all building materials, fixtures as well as the labor meet the required building standards in your area. If they do not meet these standards, the building inspector will reject the work and you will need to make the necessary adjustments to pass the inspection.

Supervising the work and checking that all the elements involved in the building process meet with required quality standards will prevent ongoing problems. If you feel unable to provide this supervision, you can ask a local building inspector to make regular checks as the work progresses. The building inspector may charge a fee for these checks, but it will be nowhere near the cost of having to fix problems that occur upon the completion of the project.


5 Facts You Need To Know About Starting A Business

Are you interested in starting your own business? Hundreds of people do it every year and many of them are successful. Others fail before they can get their foot in the door. Often, the difference between the two is a matter of preparation. Here are the top 5 facts you need to know before you rush into starting your own business.

5Debt Is A Plague
Debt might sound like a good idea at first. Well, even the word “debt” surely doesn’t sound good, but taking out a loan might sound acceptable. What many people fail to realize is that the two are synonymous. Taking out a loan results in debt and that’s something you don’t want to deal with while you’re trying to cultivate a successful business.

It might seem as though you have no time to wait, plan, and save, but you would be wrong. Don’t let impatience ruin your business before it gets started or even condemn it to a lifetime of trying to break even. Spend ample amount of time-saving money and use that time to create a foolproof business plan. When you launch a business using your own capital, you’ll feel a wave of relief as compared to those who start in debt and feel the hard grip of anxiety from day one.

4You Must Keep Learning
The moment you decide to stop learning about your industry is the moment you will become stale and outdated. No industry or market is stagnant. There are always changes and advancements taking place around you. Whether it’s new technology, marketing strategies, or public opinions. You must always remain aware of these things and use them to your advantage.

3Organization Is A Key Part Of Success
Organization is a concept that seems easy to keep in mind, but often becomes more complex as you’re flooded with bills, receipts, notes, plans, events, contacts, and every other piece of information that will ever cross your desk. If you don’t put a serious focus on the organization from day one, then that plethora of chaotic information will one day overrun you and cause problems.

Luckily, there are a lot of tools, digital and traditional, available for staying organized. Find what works for you, create a system, and then stick with it.

2You Will Always Have Competition
Every business out there has some competition. It might not have been as relevant forty years ago when a company’s location determined the amount of competition it had to deal with. Today, in the digital world, you are constantly facing your competition from around the entire globe. However, competition isn’t necessarily a bad thing.

Learning from your competition is a great way to get ahead in your market. If your competitors are failing, then find out why and make sure you don’t do what they are doing. If they are succeeding, then find out why and make sure you do what they are doing. Competitors are a learning tool and should be utilized as such.

1Don’t Forget To Relax
You probably don’t want a head full of gray hair before you’re thirty. Maybe you’re already there, but the fact remains the same: you have to relax. You might be surprised to learn that many successful business owners meditate on a daily basis.

Remove yourself from all business related stimuli and focus on nothing for a good fifteen minutes. Clear your mind, relax, and enjoy a few stress-free moments every day.