If you are considering relocating your business and aren’t sure where to begin, it’s best to start with the practical points. The logistics of moving a whole business aren’t particularly straightforward but the change is often very much worth it. Here are five practical tips to keep in mind when relocating your business, from the planning stage onwards.
You need to properly research the market before moving your business. If you are moving to a completely new area are you sure there is good demand for your business? Some businesses get so caught up in the idea of moving they forget the importance of researching the relevance of their business in the new area.
Whether you’re relocating because of business growth or another reason it is important to consider space in your new location. Do you expect to grow significantly in the future? Finding a premises which is “just right” for now may not be a good investment if you’re going to grow again quite quickly.
The practical process of relocation is always stressful. Planning and managing your removal carefully will really help. Don’t underestimate just how much you’ll be taking with you from the office and if you’re not using a removal company, make sure you have a good plan of who will be moving what and when.
Your clients need to know you’re making this move and in some businesses, this may mean you have to part company. If you can continue to work for them this is a bonus but in some industries, this simply won’t be viable.
Depending how far you plan to move you may need to arrange some relocation packages to support them in the move. You may find many employees are not able to move too and so you need to ensure they are treated fairly as you relocate.
Relocating your business is an exciting and usually a positive decision, but you have to approach it from a practical angle. Keep these tips in mind when organising your move and it’s bound to be a success.