business-moving

If you’re looking to move your business, you shouldn’t have to worry about losing revenue! Here are 3 Tips for Business Moving: How To Move Your Business Without Losing Money.

How To Move Your Business Without Losing Money

There are five main motivations that result in a business relocation. These include workforce or labor issues, the ability to reach a new market, the need to upgrade your equipment or facility, the desire to increase cash flow or lower costs, and issues related to the quality of life.

While each of these represents valid reasons to move your business, the biggest challenge you face is the actual move. Not only can this be a logistical nightmare, but it can also reduce, if not halt, business productivity altogether.

Business moving doesn’t have to be a complete disaster. With the tips here, you can get your business relocated without any huge loss of productivity.

1. Make a Plan

You have to carefully plan the move if you want to ensure everything runs smoothly and to keep downtime to a minimum.

When creating your plan, make sure you think about how long you have to move. Create a timeline that shows when certain tasks need to be done.

It’s important to be realistic regarding your expectations. You also need to draw a floorplan of your new office. This will help you know where everything needs to go when you arrive.

2. Use the Services of Professional Movers

Any time that you or your workers spend moving is time spent away from their normal, day-to-day business activities. This could begin to eat into your bottom line. In most cases, a more cost-effective option is to hire professional movers.

It’s smart to hire movers who have handled workplace relocations in the past. They can help you iron out all the details, pack up all equipment safely, and quickly and efficiently move your items.

Also, since the professionals are, well, professionals, they can move your items without damage. This helps to ensure productivity once everyone gets settled into the new office space.

3. Let Everyone Know You Are Moving

The majority of employers only think about the best way to keep in-house workers on track during a move. However, if you fail to tell your suppliers or vendors about the upcoming move, your productivity may take a huge hit.

They may wind up sending orders to your old address, or not know where to make new deliveries. This is why it’s a good idea to let everyone know about your move ahead of time. This allows them to make new arrangements and minimizes the likelihood of lost productivity.

Business Moving Tips You Can’t Ignore  

Business moving is common. However, you can’t leave things to chance. You have to ensure that a viable plan is created and that you take the steps above to ensure there is no disruption of productivity before and after the move.

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We hope you found these 3 Tips for Business Moving: How To Move Your Business Without Losing Money useful. For more Moving Tips follow our Blog.

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Discover how uniquely priced we are compared to other moving companies in New York. Get a moving quote specifically tailored to your moving needs by calling us TODAY!

 

Frequently Asked Questions

1.How do you relocate a business?

  • Create a timeline
      • Your business’ timeline will help manage the relocation flow smoothly. The timeline will specify tasks such as moving property, setting up phone and internet service, buying new furniture and equipment, and marketing the business’ new location
  • Research locations
  • Your budget will help you determine location options. When deciding on the new location, ensure to take into account the workspace for employees, accessibility for any clients and suppliers, parking and public transportation, convenience for shipping and receiving, zoning codes, and room to grow.
  • Determine whether buying or leasing is the better option
    • There are many factors to consider when determining whether buying or leasing is the best option. If you run a young business that is growing quickly with an uncertain future, leasing may be a better option for you.

  • Be proactive
    • Do not wait until there is no more room for inventory and employees are tripping over each other and a quiet meeting space is impossible to find. These conditions can lead to declining customer service and be detrimental to your business.
       
  • Set your budget
    • Focus on what you can afford. This factor alone will narrow down your options. Regardless of whether you rent or buy a new office space, ensuring you abide by a budget will allow the company stay on track.

2.What do businesses look for when relocating?

Financial Incentives

A business owner continually searches for ways to keep their business profitable, his customers satisfied and his employees happy. There is an extensive list of factors that businesses look for when relocating. 

For a business owner to consider relocating, the move must make financial sense and be feasible. 

The relocation may provide financial incentives like grants, rebates for providing jobs, assistance with infrastructure costs and other subsidies. 

Companies may also favor locations that do not collect property, local or inventory taxes. 

Infrastructure

The locations existing infrastructure will play a major role in deciding whether a company will relocate there.

A company that manufactures products for distribution depends heavily on an accessible interstate system, public transportation availability, rail system networks and shipping ports so that finished products can infiltrate the market.

Availability of office space, warehousing, retail outlets and tourism draws high consideration from businesses. 

Quality of life

A state quality of life aspects which include affordable housing, quality of schools, nearby shopping, and cultural attractions. The climate, pollution statistics, cost of energy and availability of medical services.

3. How do you plan a successful office move in NYC?

  1. Determine who will oversee the move. They will serve as the in-office move coordinator. This person should be a great organizer, have the authority to represent your company and be capable of making snap decisions when necessary.

  2. Select a small project planning team. The in-office move coordinator will serve as the leader of this team, and together, the team will create your office relocation plan.

  3. Establish your key dates, such as current lease termination, preferred move date, new lease signing, new office build-out start and finish, and final date for completion of the move.

  4. Estimate your relocation budget. Review it periodically throughout the move process to ensure the move stays within the budget.

  5. Develop a project plan customized for your office relocation, you can use tips on what to include for the move. List every task that must be competed to finish the move, who will be responsible for each one, and when the task should be done. 

 

4. What do you need to consider if you’re thinking of moving the location of your business?

If you are thinking of moving the location of your business, some factors you should consider are:

  • The budget
  • Office and storage space requirements
  • IT and office infrastructure 
  • Access to resource
  • Logistics
  • Laws, regulations, and local policies
  • Marketing strategy

5. How do I move my business from NYC to another location?

If you are planning to move your business from NYC to another location, it’s highly suggested to hire a professional moving company to handle it. Especially if you lack the equipment, time, and experience, a professional moving company can alleviate the stress of moving your furniture to another location, utilizing its resources for a successful move.

6. What do businesses look for when relocating to Florida?

When business consider relocating to Florida, they must determine whether it makes financial sense to do so.

The locations current infrastructure will have substantial impacts on how well the business will perform while business relocates to Florida. Better access to the interstate system, rail system networks, and shipping ports are essential in some cases. This will allow products to be received and shipped to the business site. 

A business may find relocating to Florida may offer subsidies, rebates, and tax benefits for moving.

7. What do you need to consider if you’re thinking of moving the location of your business?

You must consider the following when thinking of moving the location of your business:

  • Research the area. Obtain knowledge of your target population specific to the region and understand consumer habits before relocating.
  • Conduct market research. Understanding demographics is essential. Evaluating the actual need versus the desire to move locations is a big factor that will determine whether the move will be successful for your business.
  • Determine if working remotely will allow you to accomplish your same goal. Many companies operate with offices located around the country, and the world. 
  • Working remotely could potentially aid in growing faster and more efficiently. Rather than hiring locally, hire regardless of where the talent is.

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