Having the right location for your business is hugely important for businesses big and small from tech to retail to manufacturing to professional services and on.
Relocating your business is usually done for one of several reasons or a combination — to improve lifestyle, to have access to new markets, to save money on a lease and other costs, to increase or decrease the amount of space you have, or to change equipment or technical specs.
You’ve probably already done your homework on the main reason for your move. For example, if you’re a retailer, you probably considered the market you want to reach.
Take a look at Starbucks. In 2008, CEO Howard Schultz closed a bunch of stores that weren’t working and leaned heavily into a “disciplined, data-driven approach” to pick new retail spots. He used ESRI software and looked at the location and demographic issues. It worked and drove up revenue.
And we hope this is what you’ll do in your new spot! But what are all the things to consider when moving your business, you ask?
To help, we’ve put together five key things to do before relocating. Keep reading to learn the basics, then start planning your move.
Tips to Relocating Your Business
You made your decision. Now it’s time to go.
1. Plan Your Physical Move Methodically and Meticulously
From the moment you say “go” on the move, it’s time to put together the best professional moving team you can. And that includes the actual movers! Do a bit of research on what movers do and who’s available.
Then, go with a reliable, affordable, and efficient moving company that covers all your bases. We love a company like meyerofficemoving.com because it does all the jobs — planning/scheduling, management, and the actual move, packing, installation, tech setup, cleanup, and more — and it does so nationwide.
2. Appoint an In-House Moving Project Manager
While you want to lean heavily into your movers for managing the logistics of getting your stuff from A to B, you want someone on your team to manage the moving company managers and everything on your end.
This person can setup move timelines, oversee notifications to your employees on their action items, work with management to decide with things need to go, and find out about everything on the new end, such as schools for employees’ kids, temporary housing if needed, and hiring the interior designer based on company needs. These are just a few examples.
3. Make Your Budget ASAP
Do your budget as soon as you know you’re moving. And let your project manager use it as a guide. Be clear and have open communication in case you need changes.
Don’t skimp if you don’t have to. That’s why you have your budget. And in the hassle of moving, you might want to cut things that are important.
4. Create an Amazing Environment for Employees
This is one of the areas people find it easy to skimp on. Don’t! Employees work so much better in a happy environment with they can communicate easily yet still have privacy.
Do your research because data is your friend. For example, lofts were all the rage for business for a while. But then, research discovered that people need some privacy. So now we’re seeing more offices and partitions between people.
5. Know Exactly Where You Want Your Stuff
You have so much stuff in your workspace. Look at your new space clearly and map it out, designating where each piece of furniture goes.
Make sure your internal move planner communicates this information clearly before the move.
New Business Location Here You Come
Now that you have a basic checklist for relocating your business, you’re ready to start planning and taking action on your move. Let this list inspire you to be thorough. And just be vigilant and diligent with your Move To-Do List. It’ll have your back!
Then, once you’ve reached your new destination, relax with a nice meal and beverages and keep reading our blog for more life and work hacks to keep you moving towards happiness and prosperity in all aspects.