5 important factors to consider when relocating a business
Relocating a company is one of the most dreaded tasks in the modern business world. Yes, the processes involved are more refined than ever, and yes, you can move a business across town in a single day, but the sheer amount of planning and the risks associated with the move can still deter many a business leader from making this crucial step.
That said, a move is a positive step towards a thriving, more successful future, so there is no excuse to put it off any longer. Here to help you organize a seamless transition from one office to another are the five tips you should take to heart.
Finding a better location
Much like searching for new home, finding an office that will meet all of your current and long-term needs is not an easy task. Between the numerous options on the real estate market, the average overhead expenses tied to each one, the design and layout, and the location of the space, it can be quite difficult to find the space that will be able to satisfy all of your requirements.
The space you choose not only needs to suit your employees in terms of location and interior design, but it should also suit your clients and customers. Keep in mind that this new space will play a vital role in shaping your company culture and the perception of your brand in the competitive market, so all the more reason to take your time and research every option.
Ensuring a seamless transition
One of the biggest problems associated with business relocation is the seemingly unavoidable loss of business. This is a problem many entrepreneurs fail to avoid, and thus either abandon the idea of moving altogether, or decide to move anyway without a plan in place. Needless to say, you need organize your move in such a way that it minimizes financial loss, and prevents any damage to brand recognition and trust among the consumers.
There are two main ways you can tackle this problem. First, you can resort to a gradual move in which you will be relocating one department at a time, starting with your most inessential personnel. Slowly relocate your most crucial employees, one by one, in order to maintain workflow without losing business.
The other, more financially-prudent solution would be to relocate completely in one go. You can organize the move on a day when you’re not open, or during the slowest day of the week, in order to minimize financial loss as much as possible. Regardless of the solution you choose, the success of the relocation will depend on the skill and expertise of your movers.
The movers and the level of service they offer
Without a doubt, the company you choose to move your business will either make or break your relocation project. This begs the need for thorough research of available movers, and the careful selection of those who offer widest range of services and have a proven track record.
Because you will be moving everything from furniture to fragile office equipment and tech, do your research first and consider renting a vehicle from a local business, such as Budget truck hire service which has an amazing record when it comes to customer satisfaction.
Letting everyone know that you’re moving
Another common mistake business owners make is failing to inform every relevant party of the move. This can lead to a myriad of problems down the road, from invoicing difficulties, to legal issues, all the way to losing clients and even staff members. You can avoid this by simply sending out an email to every address in your company’s contact list. Don’t forget to inform the authorities as well, and be sure to send out a reminder email several days before the move.
Determining the best layout for the new place
Lastly, it’s important to design and organize the layout of the new space before the movers start rolling in the furniture and equipment. This will ensure a quick and pain-free relocation, and will allow your employees to resume work right away.
You can embrace the open-plan office approach, and design a space that inspires communication, offers freedom of movement, and supports collective productivity and day-long zeal. That said, don’t forget to save some space for the quiet booths and the leisure areas that will prove instrumental in building a thriving, positive work environment.
Relocating a business without losing money in the process is definitely not an easy task, but that doesn’t mean that there aren’t effective ways to minimize risk. With these tips in mind, you can organize a seamless transition and conduct an efficient move that will allow your company to continue its pursuit of long-term success in the industry.
Derek Lotts is an experienced freelance writer and researcher. His main areas of interest are small business, home improvement, and sustainable living. He strongly believes in the power of sharing knowledge and ideas through the mediums of modern technology.
