First, decide on the number of operatories for your office. In order to have adequate space to house all elements needed for a smooth functioning practice, approximately 500 ft.² of office space is needed per operatory. So, a six-op office would require approximately 3000 square feet.
When assessing your new office project’s financial viability, that is the wrong question to ask. You are not purchasing a house. You are creating a capital asset that should have a significant return on investment. So, you should ask two important questions: 1. What is the expected return on my investment? 2. What financial risk […]
Longer than you think! Today, obtaining a building permit can take months. Also, securing building materials can take longer than expected. Plan on one year to complete a lease space and 1.5 years to complete a freestanding building.