What are the most valuable assets your business owns? Chances are good that the building that houses it is near the top of the list. However, did you know that your parking lot is the second most valuable business asset? It’s also connected to so many other things – customer first impressions, perceptions of your brand, and more.
As such, it makes sense to take care of your asphalt. But should you go the DIY route, or should you invest in commercial pothole repair?
DIY or Proactive Pavement Maintenance in Ontario?
Asphalt is available at many big box home improvement stores and even hardware stores. Patching your parking lot is possible. However, is it advisable?
The perception for most parking lot owners is that DIY repairs are cheaper than commercial pothole repair. That might be true in the short term. However, do-it-yourself options usually don’t last very long, aren’t aesthetically pleasing, and can exacerbate the problem, leading to the need for repairs.
In contrast, proactive pavement maintenance for Ontario businesses can offer some pretty significant benefits, including:
- Professional repairs instead of DIY repairs followed by costly replacement
- Extend pavement lifespan
- Reduce repair costs through regular maintenance (small problems don’t turn into major issues)
- Access to professional maintenance services to keep your parking lot clean and in great shape
- Increased pavement asset value (DIY patches detract from your pavement value while
Understanding Your Pavement Asset Value
Pavement is a critical asset for commercial properties. It’s costly to install and is a crucial piece of infrastructure providing access for customers, delivery drivers, vendors, and more. It’s not “just” a parking lot. It’s an access point to your business without which your ability to do business would be handicapped. As such, professional maintenance versus DIY repair or replacement is the most cost-effective and beneficial option in the long run.
The Cost of Neglect
Going the DIY route often means neglecting problems until they’re too large to ignore. The problem with this is that doing so damages customer perception of your brand, but also increases the cost of repairs in the future. Proactive pavement maintenance in Ontario can enhance property value, reduce repair costs, and maintain pavement asset value.
Ultimately, going it alone is more expensive than working with a trusted professional. Contact PaveWorks to schedule an assessment of your pavement asset and discuss professional maintenance services.
At PaveWorks, we can help ensure that your pavement holds up well even in Central Ontario’s harsh winters. Contact us today to learn more.
