Save Time, Money Relocating Your Business – 14 Tips



Relocating a business can be a frustrating experience for you – whether you operate a small or large enterprise. That’s true even if you have a large workforce with a corresponding level of equipment.

To make it easy and the most-affordable relocation, here are 14 tips:

1. Don’t rush into your move. Make certain you’re moving at the best-possible time for your company.

2. Anticipate your requirements for a new location. Have a clear idea that it’s an ideal location for your budget – from transacting business to recruiting new employees and obtaining services and supplies.

Puzzled professional stockimages3. If you’re moving to a new region and intend to hire workers, negotiate with local economic development officials and politicians for the best-possible tax-incentive deal as the area’s new job-creator.

Also learn about the new location by talking with the local chamber of commerce and any other appropriate people.

4. Forecast where you’ll be able to cut back. You’ll find there are negative financial surprises.

5. Strategize each level of your move so you can gauge your progress and make any unforeseen adjustments. Allow for plenty of time for each step.

6. Partner with your employees on the move. (Actually, you should already be partnering with your employees on various aspects of your business.) Keep them in the loop. You’ll want to prevent morale issues.

7. As your inspecting prospective locations, know and theoretically design your space. Keep in mind your former space.

Identify what you’d like to retain from your old location. Determine what you’d like to improve in the new space. (That’s probably a salient reason why you’re moving.)

8. Analyze the accessibility of your new building. Anticipate how the movers will enter the building.

9. If you’re large enough to hire a moving company, select one that is highly respected and is experienced in dealing with businesses in your industry.

“A good decision is based on knowledge and not on numbers.”

-Plato

Discuss every detail with the movers so they can advise you. For example, they’ll know if you need parking permits and other aspects of moving.

10. Decide how you’ll dispose of your unwanted items.

11. Figure out how you’ll make your moving an environmental friendly process. That will include recycled or environmentally friendly boxes.

12. Adequately plan so that your business operation and customer relations don’t suffer.

13. Ahead of moving day, get keys to the property. Otherwise, you risk waiting around for the keys. That’d be unproductive for you, your employees and the movers.

Besides, the movers might charge you overtime if they’re just sitting around waiting to enter the building.

14. Already start thinking about marketing your new location. That includes public relations advertising and public relations, and strategies to boost your long-term customer base.

Referring to point No. 3, consult with local officials to aid your marketing if appropriate.

From the Coach’s Corner, here are related strategies:

Due-diligence Tips to Pick the Best Business Location — Whether you’re an established business looking to move or you’re a new entrepreneur looking for your first location, it can be a stressful process. Therefore, it’s important to adequately plan in order to alleviate the impact of such a stress factor.

13 Strategies, Precautions When Expanding into a New Market — So you see opportunities by expanding into a new market. Whether you’re expanding across town or into a different region, there are risks to anticipate in alleviating any uncertainty. Even it doesn’t seem risky, due diligence is required and certain precautions are imperative for success.

11 Tips to Negotiate Your Commercial Real Estate Lease — Depending on your locale, commercial real estate is either readily available or hard to find. Either way, it requires due diligence and skills to negotiate the best commercial real-estate lease.

Are You up-to-date on Opportunities in Emerging Markets? Why Many Managers Aren’t — Seventy-six percent of business managers at global companies don’t have information for their needs – even though it’s necessary for productive decisions in expanding into emerging markets. Some 86 percent agree that data – market sizing and growth estimates – is vital.

Take Your Business Globally with These 12 Tips — If you want to export your products to the international marketplace, keep in mind and implement 12 steps. They include: 1. Begin on a small scale in an English-speaking country. Unless you speak other languages fluently, begin in a nation where English is spoken.

9 Dos and Don’ts for Best Decision-making – The dos and don’ts for best decision-making are applicable in three ways: Whether you have difficulty making the best decisions, engage in self doubt after making one, or are gun shy because some of your decisions have failed you.

“A good decision is based on knowledge and not on numbers.”

-Plato


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Author Terry Corbell has written innumerable online business-enhancement articles, and is a business-performance consultant and profit professional. Click here to see his management services. For a complimentary chat about your business situation or to schedule him as a speaker, consultant or author, please contact Terry.





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Seattle business consultant Terry Corbell provides high-performance management services and strategies.