Tuesday, December 20, 2022

Budgeting for 2023 Industrial Floor Coatings

2022 is about to end, which means it is time to look ahead to 2023. What projects do you need to complete to keep your industrial facility running smoothly? Do you have items left on your list from 2022? Thinking ahead about these issues can make sure that you are prepared to budget for necessary expenses.

So, have you considered whether it is time for new industrial floor coatings in Twin Cities for your business? And have you considered the budgeting aspect of such a big investment?

Here are a few things to consider when planning out your budget for industrial floor coatings!

Will repairs suffice or is replacement required?

Answering this question is an important first step to determining how much to budget for your floors in 2023. Repairs are less costly and also require less time to complete, meaning that you will save on both the installation costs and the costs associated with shutting your business down while the new coatings bond properly to the floor.

If your floors require entirely new industrial floor coatings, you will need to adjust your budget accordingly. Industrial floor coatings are more cost-effective than having to replace your concrete floors altogether. Remember that even if the price is a little higher, this is a great investment in your business and can save you money, time and headaches later on. Industrial floor coatings prevent the entire concrete floor to be replaced, which takes much more time than adding a coating.

How long will your business be shut down?

To answer this, you have to know whether you require repairs or a full replacement. Repairs may not require your business to be shut down at all as professionals work on the affected area. However, replacements or first-time coats may need to stop business for anywhere from 24 to 96 hours on average. It is important to talk to your floor coating professional to get an accurate idea of how long your job will take to take time shut down into account when budgeting. They may also be able to provide you with a plan that allows parts of your facility to stay up and running while other parts are worked on.

Are there any legal requirements for your floor coatings?

While industrial floor coatings themselves are fairly inexpensive, especially when compared to the cost of the concrete floor in the first place, the extras and customized coatings are where costs start to creep in. For some industries, like food and beverage, there are legal requirements to ensure that the facility is sanitary. For other industries, there may be practical choices such as chemical-resistant coatings to protect your floors for as long as possible. Each of these steps up from basic epoxy will increase the price, so once again, it is important to discuss pricing with your floor coating professional!

Are there any aesthetic requirements you have for your business?

Maybe you are looking at having industrial floor coatings installed for a customer-facing section of the building or you require safety lanes or zones. Any aesthetic choices, no matter the reason, can increase the price you are looking at for your new industrial floor coatings. How much they will increase the price depends on the requirement and the company you choose to work with.

When looking ahead to your 2023 budget, be sure to ask yourselves these questions and then call industrial floor coating providers in the Twin Cities area to get estimates. Be sure you include Advantage Coating in your list of possible floor coating contractors. Call us today at 952-556-8720 or contact us!