Roof Replacement as a Business Investment
If you are a business owner and own your building, you probably have been faced with the need to replace your roof. Maybe you’ve been limping along through periodic repairs to fix leaks, and loose shingles, trying to hold off a full replacement. It’s not an easy decision but one that could pay big dividends in the long run. As a commercial property owner, your building is one of your greatest assets and it makes sense to keep it protected. If your business’ roof has been damaged by a storm, your insurance company may pay to have it replaced, but if it’s a matter of age, building code compliance, or endless repairs, you may have to spring for the replacement cost yourself. Even though it’s expensive, installing a new roof on your commercial property is a sound investment that you, your employees, and your customers will benefit from.
Here are some good reasons to invest in a new business roof.
Increased Property Value
A new roof will automatically increase your property value, which will be beneficial should you ever decide to sell the building. A new roof will also improve energy efficiency, which will lower your heating and electric bills. An attractive new roof will enhance curb appeal, which will be enticing to new and existing customers.
Reduced Maintenance Costs
With a new roof, you won’t have to worry about leaks, drafts, or other pain points. You’ll save money by not having to constantly patch leaks or deal with other nagging issues that can add up to expense repair costs.
Improved Performance
Your business’s new roof will keep your company protected against the elements and you’ll also see lower utility bills due to improved energy efficiency. Another benefit is that you may see a reduction in your liability and commercial insurance premiums. Keep in mind that it can be difficult to get insurance coverage if your roof is 20 years old or greater.
Customer Perception
An attractive, well-maintained building will automatically elevate your brand in the eyes of your customers. It demonstrates that you take pride in your business, which will extend to the perception of the quality of your products and/or services.
Tax Deductions
A business owner may be eligible for a tax deduction. Under Section 179 of the IRS Code, a business owner can deduct up to $1,160,000 from their federal taxes for a roof replacement. The caveat is that the deduction must be taken in the year the roof was replaced. Check with your tax advisor to ensure that you are eligible for any tax deductions for roof replacement or other capital improvements you make to your business property.
Let Premier Roofing Handle Your Business Roof Replacement
If it’s time to replace the roof for your business, reach out to Premier Roofing, your trusted, local, business roofing contractor. We specialize in high-quality asphalt shingles, installed by trained professionals. Premier has locations nationwide, so you’ll find one of our roofing teams in your area. We’ll work with you to install a new roof that will protect your business, improve its energy efficiency, increase its value, and demonstrate to you and your employees that you are committed to providing a safe and comfortable environment for their well-being. Start with a free, no-obligation roof inspection for your business today.
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“Someone we trust”
Premier Roofing was awesome to work with! They did everything they said they would from the beginning. Communication was excellent and my roof looks great! Very pleased with how everything turned out. Definitely recommend Premier to everyone!
– Juanita H
