Planning ahead and knowing what to expect will be helpful when you are looking to create an accurate budget for new business signage. We often get asked to help business owners and property managers create signage budgets to help plan for the following year. This is a great initiative if you're not familiar with the cost of signage, if you have multiple locations, or if you're not sure of the condition of your existing signage.
Sign type is important because knowing what type of signage you'll need will impact the cost. Consider this question—do you need a monument sign, LED letter sets, interior signage or wayfinding signs? Once you know what type of sign you're looking for, some additional questions may need clarifying.
Let's say, you're in need of a monument sign.
- Will that monument sign be illuminated?
- Is there electrical in place or will it need to be run to the sign location?
- Is there an existing structure in place for installing the monument sign?
- Will there be tenants listed on the sign? If so, how many?
- If a base and structure is needed, what type?
This information will help determine your unique needs for the project and help give you better insight into planning for your budget.
Inventory of Existing Signs
Not only is it helpful to have the number of signs needed, but also their condition. This is very useful for building owners or managers who may not have time to get out to every location they oversee. By knowing this on the front-end of a project, you will have a more accurate budget in place.
At Spectrum Signs, we often create sign inventories or audits of existing signage to give the customer an accurate representation of what assets they already have. We send out a Spectrum Signs team member to the job site(s) to photograph and check the condition of all required signage. Once the information is gathered we put together a document which lists all sign types, show existing photos, and the placement of signs on a map for reference.
With a little planning and a good idea of what type of custom business signage you will be needing, creating a budget is not all that difficult. And of course, we are always here to provide budgets and inventory existing signage for your company. Give Spectrum Signs a call today!