3 Benefits That Come With Renovating Your Store

In our last blog, we discussed a few ways that renovations can help your business. We pointed out that the initial impact it has on employee morale is a great way to kick start your brand into going in a new direction of excellent customer service. We also noted the positive impact that renovations have on your customers. It’s pretty hard to resist the intrigue that comes with experiencing something new. When your store is improved, it’s simply more attractive to shoppers.

But what other benefits come with renovating your store? Here are three:

1. Increased organization and efficiency. Are you utilizing the space in your store properly? You may be surprised to know just how poorly a company can be impacted by having mismanaged display areas and work stations. There should be easy access to the various parts of your store that allow for customer traffic to flow nicely. As well, you want to ensure that your place of business is always a welcoming environment.

“An office renovation makes your space more organized and efficient,” states Weebly.com, “Professional contractors will help you get the most from your space. Modernized storage ideas and functionally designed floor plans will help make your office much more productive. Ultimately, a disorganized workspace can be a major distraction from the job at hand. You can fix that with a timely renovation.”

2. Improved brand image. In our last blog, we mentioned that people just get good vibes from businesses that seem to be excelling within their marketplaces. Newly renovated places of business convey that things are going well and that the business plans on being an industry mainstay well into the future.

“When your business makes the choice to build a new office complex or renovate your current location, it sends an image of growth to clients in the business world and the local community,” says Michael Schoenecker of Winkelman Building Corporation, “For prospective clients, a revamped office space provides a better first impression of your business, its self-image and financial standing.”

3. A boost in customer traffic. At the end of the day, this is what all business owners want, right? Encouraging an increase in the size of a customer base is quite often the result of new renovations. This is especially true for customers who may never have visited it before. By creating a more energetic and vibrant atmosphere, you will elicit greater interest from formerly disinterested shoppers.

“An office or store renovation is a great way to catch your clients’ attention when they walk through the door,” says Weebly.com, “If you want to rebrand your business to create a different look and feel, renovating is a great way to accomplish that goal. If you simply want to increase your visibility to attract new customers, renovating your office space will help your business appear much more attractive and organized when a potential new customer sets foot in the door.”

At Synergy Merchants, we help Canadian business owners get their hands on the much-needed funding to start renovations in their stores. For more information on our merchant cash advance program or to speak with one of our licensed funding specialists to get a free, no obligation quote, simply call Synergy Merchants at 1-877-718-2026 or email us at info@synergymerchants.com.