Building a resort, clubhouse, pub, restaurant, cafe, bar or any other type of business in the hospitality industry is never easy. This is because any mistake can have serious consequences. After all, hospitality design and construct projects are usually costly, so there is no room for errors. Since there are many firms that can offer these design and construction services, investors need to take time to look for the best contractor for their needs.
There are many things that should be looked at when comparing HDC firms. That is why investors should never rush to make a decision. Ideally, they should take as much time as they require to consider the following key factors:
Licensing
You have to do some research on the validity of licences different HDC firms have. This is because you want to avoid quacks by only considering firms that have met all the minimum requirements. Start by checking the type of licences different firms have, the issuing authority and expiry dates. Everything should be in order. If a firm has an expired licence or a different type of contractors’ licence, you should avoid them. This is because you want to hire a firm that is properly-licensed to undertake HDC projects in the city.
Experience
HDC firms, just like other service providers, usually get better with time, so you should pay attention to the experiences of the shortlisted firms. You want to hire a firm that has previously designed and constructed dozens or hundreds of hospitality establishments. If you are planning to put up a resort, the ideal firm must have designed and built many similar types of resorts over the years. Experience is a great teacher, which means you can expect to get quality services when you hire the most experienced HDC firm.
Cost
While no expenses should be spared to ensure the best results are obtained, you are looking to get value for money. Therefore, you should take some time to compare the hospitality design and construct costs quoted by the shortlisted firms. Obviously, different firms have different profit appetites, so you will need to ask for cost estimates and carry out a detailed comparison to find HDC firms that are likely to offer the best value for money.
Only firms that are properly insured and bonded deserve to get special consideration. This is because you do not want to be exposed to any unnecessary risks.
