One of the most common challenges faced by a growing business is whether to renovate a facility they are quickly outgrowing – or relocate.
If you are in this position, there are three important questions you might ask yourself to help you determine the best course of action:
- Is there sufficient real estate to expand?
- Does the existing location have access toa good work force?
- Can the existing structure accommodate the expansion?
If the answers to these three important questions are “yes,” then renovation is typically the best choice.