Relocating your business? Don’t forget these 5 things

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By Dixie Somers

As a business owner, you need to be able to adapt to a number of different situations. Sometimes, depending on your company’s growth or direction, you might need to relocate somewhere else to help your businesses’ growth. It might not be surprising to hear that a lot of difficulties usually come with this type of ordeal, but there are some useful tips you can keep in mind while you’re going through the process to smooth it out as much as possible.

Decide ahead of time if you’re buying or leasing

This decision revolves around how much growth and capital your business has to work with. If your operation is still on the small side and you don’t know how much space you’ll need in the future, leasing your business might be the better financial decision as you go forward.

That being said, buying your new space outright can also save you money over time. This is especially true if your business is already well established, and you can safely assume that you’ll be able to thrive in the new space for the foreseeable future. Be sure to tell your clientele that you are moving so that, no matter the size of your business, your customers can find you and keep coming back.

Stock up on inventory

Some companies don’t revolve around physical products, but if yours does, you might want to consider stocking up on extra inventory before the relocation. Some of it might be lost or destroyed during the transfer, and you won’t want to spend extra time later on making up for it. In addition, even if your business does hit the ground running, you’ll want an extra supply of inventory to help keep things running smoothly. Business moving services know to be extra gentle with any company products they’re carrying, and will ensure their safety and integrity.

Give yourself enough time

This one’s simple, but important. It’s common for businesses to underestimate how much time they should devote to relocation. Give yourself more time than you think you’ll need when you’re planning everything out.

Stagger the move

You don’t necessarily have to relocate everything at once. You can stagger the move by moving some parts of the business at a time to the new location. Doing things this way can help keep you business in operation while the move is happening.

Make communication key

There are a lot of people to keep in touch with: customers, employees, government agencies, and more. The more you communicate, the earlier you’ll be able to discover and handle problems that pop up.

Relocating a business isn’t a project for perfectionists. But when it has to happen, take on these tips to help make your moving your business as painless and efficient as possible.

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Dixie Somers is a freelance writer who loves to write for business, health, and women’s interests. She lives in Arizona with her husband and three beautiful daughters. Reach out to her at dixiesomers@gmail.com or @DixieSomers.

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