Your company’s expansion or the expiration of its present lease are two common reasons for relocating. Moving your business may be stressful and daunting, whether moving to another state or from one commercial property to another.
While relocating might help you attract new clients, save dollars on your lease, and offer your growing company more room, it can also hurt your productivity and profitability if you don’t prepare carefully. These tips will assist you in relocating your company without causing you any worry or financial hardship.
1. Create a Relocating Plan
Having a moving strategy in place might help you cope with the stress of moving. Make a list of everything you need to get done and assign a deadline to each item. Determine the date of your move and create a timeline to assist you in staying on track. Examine your existing office space and imagine how you wish your future workplace to look.
Make a list of your office equipment and furniture and decide whether to toss them away or transport them with you to your new location. You may also use this time to tidy and minimize your office supplies. Consider renting a storage unit close to your new workplace if you have to store any of your office equipment and supplies.
2. Set Your Budget
Business relocation can be costly compared to a home move as there are several costs to consider, which is why you should apply for government grants for business relocation. Create a moving budget that is reasonable and attainable, and that can handle all moving-related costs. Make sure to allow some room in your budget for unanticipated charges. Make a list of everything you’ll need for the move and allocate financial resources accordingly.
3. Check Your Location Options
Your budget will aid in the selection of a location. Consider accessibility for suppliers and customers, parking and public transportation, shipping and receiving convenience, adjacent services, zoning difficulties, and capacity to expand when choosing a location. Don’t make the typical blunder of overlooking employees’ needs. Make sure you get employee input on potential sites. Take them to potential locations to get their approval for the move.
4. Inform Your Staff, Customers, and Suppliers
Make sure your employees are aware of the move at least four months in advance. They must be well-informed, as some may need to make significant lifestyle changes to meet the relocation plan.
On top of ensuring that all of your employees are on board, remember to inform your customers and vendors about the move. You don’t want your business to collapse due to a lack of delivery of crucial supplies to your new location by your present vendors.
Additionally, be sure to inform your customers whenever they visit your store and share your relocation notice on all of your social media networks. You don’t want to lose customers due to a misunderstanding about your business address.
5. Update Your Company Details
It is critical that you complete all of your preparations in the weeks leading up to your move. Notify all of your utility and service providers of your relocation arrangements so they can assess whether you need to migrate your services or find a new one. Visit your post office to update your postal address. Order new store signs, letterheads, business cards, and other key items, and make sure they’re all up to date with your current address.
Don’t forget to update your site and social media networks with your new address after completing your move. You may also put a small banner announcing your relocation on your website’s homepage.
6. Hire Professionals
While your staff can assist with small moving activities, it’s ideal to use them for functions for which they are compensated. Hiring expert movers will help your employees to focus on their tasks while minimizing company disturbance. Reputable movers have a lot of expertise with commercial moves, so they’ll make sure everything goes properly. A reputable mover will help you with every step of the relocation, from planning and packing to lifting heavy objects on moving day.
Closing Thoughts
Relocating your business is never simple, but your move will go well if you execute all of the things on this list correctly. Once you’ve settled into your new location, ensure you double-check everything before reopening for business.
Tracie Johnson is a New Jersey native and an alum of Penn State University. She is passionate about writing, reading, and living a healthy lifestyle. She feels happiest when around a campfire surrounded by friends, family, and her Dachshund named Rufus.
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