How Leaks Can Cost Your Business Money

10/6/2020 (Permalink)

If you have a leak, or if a leak has caused a bigger problem, then a water damage remediation company can help.

When you’re busy running a business in Edmond, OK, you might feel like you don’t have time to take care of a little water leak in your building. Unfortunately, ignoring this seemingly insignificant problem can have a bigger impact than you may realize. It can affect your building and cost you money in the following ways.

1. Higher Water Bills
Even small water leaks can lose your business a lot of money if they are left alone. Over time, the water lost from leaking pipes or faucets can add up to hundreds or thousands of dollars. If you have noticed a spike in your water bill but can’t figure out the reason, it is possible that there is a leak somewhere in your building.

2. Repairs and Restoration
Not only can a water leak cost you money in higher bills, but it can also result in the need for expensive repairs. Drywall, insulation, carpeting, and other absorbent materials can be easily damaged by water. In some cases, they may need to be replaced. Leaks can also contribute to the growth of mold in your building. Mold can be difficult to remove once it has begun to spread, so it is best to address leaks before this becomes an issue.

3. Damaged Equipment
In some cases, a leak can lead to a pipe break. If this happens, flooding can occur in the building, resulting in a large amount of damage. It can affect a lot of the furniture in the building as well as expensive equipment. Electronics can begin to rust quickly or may have a short. This can cause the devices to stop working entirely, requiring a replacement.

If you have a leak, or if a leak has caused a bigger problem, then a water damage remediation company can help. They can perform restoration on your building and may be able to save some of your damaged belongings as well.