The challenges of operating a business are magnified when it comes time to move to a new space. Whatever the reason for the move, the process can be difficult and stressful if you’re not prepared. But, there are some steps you can take that will make a move much easier for everyone involved. Our three keys to moving your business are Knowledge, Organization, and Communication.
Knowledge
When you first start contemplating a change of locations, you’ll want to be sure you are aware of the extent and ramifications of your decisions. Choosing the best geographic location based on both highway access and convenience for existing and new employees can affect your growth going forward. If you’re not familiar with various lease options, you’ll want to consult a real estate professional. A mistake at this point can be tragic in the long-term. Be sure you are clear about all the costs involved with moving to a new space, including things like taxes, utilities, management fees, and new furniture and equipment, as well as obligations to your old landlord.
Organization
Having a comprehensive plan written out and reviewed is a key to a successful move. Don’t underestimate the time necessary to plan and prepare for a move. Reviewing your plan with your employees can help discover problems before they arise. And it serves as a blueprint that everyone can refer to during the process to keep things on track.
Your plan needs to take into consideration all the steps necessary before, during and after the move. Your goal is to make the transition to the new space as seamless as possible, avoiding as much as possible interruptions in your actual business.
Communication
This is perhaps the most important aspect of making a move as easy as possible. You simply have to make sure everyone, from employees to vendors to your new landlord, are all on the same page. You’ve spent the time and energy developing a Move Plan, but that won’t do any good if everyone isn’t aware of what they need and want to know. Solid communication with vendors and customers will mean they’ll be ready to shift to your new location without a hitch. Keeping your employees advised every step of the way will help ease the stress that comes naturally with a big change like this. The more they know, the more comfortable they’ll be with the move.
Managing Change
Organizing and supervising a move is time intensive and something you need to consider carefully. If you can’t afford the time necessary, consider bringing on an expert project manager to handle the details while you focus on your business.
Get in touch and let’s get started today.
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Jeanne Sabo-Rothenberg, CCIM
Commercial Advisor
eXp Commercial
Cell: (908) 377-9004
https://www.commercialrebroker.com/
jeanne.sabo@expcommercial.com