Commercial renovation is typically much more cost effective than commercial construction, particularly in the short term. Commercial renovation also requires less materials and labor. It is also a faster solution which is ideal for situations where you want to repair or upgrade a structure which is either broken or outdated. Concrete which is cracked can be repaired, asbestos can be removed and the foundation can be upgraded to ensure its structural integrity. Every aspect of a commercial renovation project should be put in writing. This provides transparency which allows you to see how your budget is being spent.