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Business Relocation : Making Your Move Easier

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What sort of process is involved in business relocation? Certainly, this is a good question and one that many business owners have had to deal with at one time or another. Generally speaking, a move is not something a business is likely to make that often. Exceptions may include damage to property, fire, loss of lease, as well as business expansion. In any instance, favorable and unfavorable, the process of relocation can become very complicated and strain the patience of most owners to the breaking point. Yet, it does not have to be. With some planning, you can make your business relocation project easier and more enjoyable than you might imagine.

The various reasons for relocation have been briefly outlined above. The business could have suffered severe structural damage due to fire, water, or other natural disaster. It could be a matter of losing the lease or office space due to new management or other complications. On a positive note, it could be that growth and success of a company necessitates the relocation of the business in order to accommodate the expanded needs of the business in question. Among these expanded needs, there are practical considerations like having proper space for larger employee force and/or adequate space for the adding new service areas depending upon the type of business involved. Of course, other than the need for more space, the owners may have a better location in mind for their business relocation—one that takes advantage of the neighborhood and other businesses in the area to promote growth.

If one is definitely preparing for business relocation, as an owner is imperative to inform employees and ask for their suggestions if you value their opinions and input. They will likely be involved in moving and orientation of workspace once the business has been successfully relocated. Just as crucial to successful move is making the customers aware of the change of locations so they are not confused or frustrated needlessly. In this case, it is about advertisements, announcements, and personal visits.

The practical aspects of business relocation will include the transfer of utilities from one account location to another as well as telephone services. All of the business documents and materials will have to be changed to reflect the new address. If the furniture at the old location is not appropriate for the new space, it will need to be replaced. In fact, the bulk of business relocation will entail the transfer of materials and equipment and it is at this time, the business owner would be advised to "clean house." There is no reason to transfer every bit of paper or other materials that have accumulated over time, when it is not essential or relevant. Business relocation presents a business an opportunity to take stock of all of its operations and make appropriate changes to be up-to-date and ready to progress to the next level.


 

Business Relocation Loans Grants News

Gov. Haslam signs FastTrack bill to attract more companies to Tennessee - Chattanooga Times Free Press


Chattanooga Times Free Press

Gov. Haslam signs FastTrack bill to attract more companies to Tennessee
Chattanooga Times Free Press
Haslam's initiative expands the program to help pay costs for relocation, retrofitting, office upgrades or temporary space for companies making investments in the state. "Tennessee is recognized as one of the best places to do business in the country," ...
Haslam signs FastTrack legislationElizabethton Star

all 49 news articles »

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Redruth engineering firm expands securing high skill jobs - This is The West Country


Redruth engineering firm expands securing high skill jobs
This is The West Country
Funding for the relocation and expansion came in part from the Grant for Business Investment (GBI) scheme through the ERDF Convergence programme. DP Engineering was assisted in its application for funding by Aimee Phillips, Corporate Finance Associate ...

and more »

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Alberta-bound? Federal study suggests relocating EI recipients to regions with ... - Calgary Herald


Alberta-bound? Federal study suggests relocating EI recipients to regions with ...
Calgary Herald
The research, ordered last June shortly after the Conservatives were elected with a majority, required the survey company to determine “what type of migration incentives could encourage EI clients to accept a job that requires a residential move?

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Opinion: CommVault's Move from Oceanport Relocates Jobs, Doesn't Create Them - Patch.com


Opinion: CommVault's Move from Oceanport Relocates Jobs, Doesn't Create Them
Patch.com
According to NJEDA board memos, $7.2 million was awarded under the Business Employment Incentive Program to create 250 jobs. They were also granted $1.35 million for Business Retention and Relocation Assistance to keep 300 employees in Fort Monmouth ...

and more »

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Schilling Rhode Island Pitch Risks $75 Million Debt: Muni Credit - BusinessWeek


Schilling Rhode Island Pitch Risks $75 Million Debt: Muni Credit
BusinessWeek
Rhode Island's situation underscores the gamble municipalities take in offering incentives to businesses promising to add workers. States from California to New Jersey are offering more than $11 billion annually in tax credits, grants, low-cost loans ...

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Spring rolls right into fire season - Payson Roundup


Spring rolls right into fire season
Payson Roundup
Rick Washburn and Jay Wagner from the Mead Ranch area will soon be leaving the area and relocating in the San Diego area for business reasons. Hellsgate personnel wish to thank Rick and Jay for their dedication, and perseverance in merging the Diamond ...

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Gastonia fine-tunes business incentive program - Gaston Gazette


Gastonia fine-tunes business incentive program
Gaston Gazette
Gastonia has tweaked the incentive program it offers to help lure new business expansion within its borders. City leaders say the changes to their Investment Grant Program are aimed at making it more effective. It will also bring the initiative in line ...

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