Things That Need To Be Done When Relocating A Business

Relocating a business often results in a loss of productivity followed by a period of chaos. Therefore, it should be done with careful analysis and consideration of all the factors that could potentially be impacted by the move.

When it comes to moving your business to a new location in California, you will need the help of professional movers. Luckily for you, there are many reputable commercial movers in the Bay Area, CA.

Before choosing a moving company, check their online rating as well as the reviews given by other clients. This will help you determine if you are making the right choice.

Here is the list of things to do when relocating your business:

1. Be proactive

If you think relocating your business will be beneficial for your company, do it. You shouldn’t waste your time waiting because waiting for too long can lead to declining production, poor customer service, and more.

It’s always a good idea to think proactively. Look for a business space that is suitable for your current needs and can also accommodate your growing business.

2. Set a budget

Moving your business to a new location can be an expensive affair. So you will need to decide on a budget before you undertake this mission. Your budget is probably the most important thing as it will help you slim down your options.

Based on whether you want to purchase a new place or rent it, set a budget aside. You must also consider all the extra expenses that might occur during the moving process. This could include renovations, insurance, utilities, etc.

3. Research locations

Once you determine your budget, it will help you to choose the right location. When selecting your new business location, take accessibility for your suppliers and clients into account.

Additionally, you must also consider things like public transit, parking, nearby services, room to grow, zoning issues, and convenience for shipping and receiving. Many businesses make the mistake of overlooking staff needs. Before making a final call, make sure you discuss it with your employees. If needed, have them visit the new location.

4. Create a timeline

To make the transition happen, you will need the help of your employees. Discuss with them so you can create a proper timeline for things to go smoothly. The timeline should focus on the time needed for moving assets, doing renovations, setting up the new workplace, marketing your new address, and making signs.

You must assign everyone a specific task. Also, put someone in charge of the overall transition.

5. Build up inventory

Building some extra inventory before the transition will be a good idea. This will ensure that you have sufficient stock on hand to meet the demands of your clients.

In other words, it will not interrupt your supply chain and thus, everything will go smoothly.

6. Look for a reputable mover

Choosing the right moving company is one of the most important things to consider. After all, you cannot make the move happen without their help.

Look for reputable best movers in the area. You must hire a company that specializes in moving businesses Before making a decision, you must check the online reviews and ratings of the company. Not just that, but you should also enquire about the total expenditure to make sure that it is within your budget.

7. Inform your partners, vendors, and affiliates

When you are relocating your business, you need to pass on the information to every possible person who is associated with your company. This includes your partners, vendors, and affiliates.

You must also consider whether the relocation affects them or not. Make sure that you are easily accessible to them in your new location.

8. Assess your leasing options

If you are renting the office space, you must consider the lease’s terms and conditions before signing it. Make sure to assess and compare different leasing options before making your final call.

Many landlords prefer to sign multi-year leases. You should sign the lease only if you are fine with it.

9. Figure out storage needs

Besides leasing a new office space, you also need to get a storage space to hold all the extra supplies, furniture, and equipment. Make sure you get a safe storage unit to store all the stuff securely.

Look for storage units closer to your new office location. So you can access the items whenever needed without hassles.

Moving your whole business to a new location is not an easy thing. It requires thorough planning and budgeting. Relocating your business is an important decision, so make sure you discuss it with your employees first. For the whole transition process to go smoothly, you need to move according to a plan. Hopefully, you found this article informative.