Relocation Company Guide

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Consulting Business Relocation Article

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The Purpose of Business Relocation Studies

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The first question that may be asked is what exactly are business relocation studies? To put it another way, what purpose to do these studies serve in the process of business relocation? First, it must be understood that any proper business relocation involves the transfer of the business operations to what is termed a "comparable" location. In this way, the business retains access to a customer base that is similar to what it left behind and which will allow the business not only to function at similar levels but also experience further development.

It is the purpose of business relocation studies to identify the characteristics of a potential replacement site and determine whether this secondary site will allow for the smooth transition of a business physical environment while maintaining operations. This is where business continuity may become a bigger player. A study may examine the current market conditions, the reputation of the business, as well as the current operating conditions, and finally at what level the income potential may be estimated.

In fact, business relocation studies target both physical and non-physical characteristics so that a comprehensive view can be established even before the first piece of equipment is moved from site A to site B. Every point is evaluated in light of the current location conditions so that when a new location is up for review these elements are not left out. Practical and realistic business relocation studies look at both advantages and risks when searching for the new business site.

Business relocation studies serve a relocation agency by helping them develop a strategy that tackles both the physical moving from one location to another as well as the non-physical elements like the company's rich history, success, reputation, energy of ownership, and profitability potential and blends them into a cohesive plan.

These studies also shed light on business-specific conditions and how they impact relocation. This may be a question of whether the business is retail or industrial, whether the company is large or small. Business relocation studies are most effective when they are carried out with plenty of time to analyze all of the relevant factors along the way and what may become new factors for consideration over time. One of the most common ones that businesses may have to face is the availability of quality replacement sites within the area they have chosen for relocation. The faster business relocation studies are compiled and examined, the better the chances of getting the preferred property. Some locations may have fierce competition for the space. Yet, in some cases, a business literally may not have the time to conduction a proper study (Loss of lease, damage to physical property, etc. may be factors in these cases.).


 

Consulting Business Relocation News

In print: Big relocations for eMason and Kimley-Horn signal recovery at work - Tampa Bay Business Journal (blog)


In print: Big relocations for eMason and Kimley-Horn signal recovery at work
Tampa Bay Business Journal (blog)
Staff writer Mark Holan's scoop on the relocation of two companies is reason for optimism. Business process software firm eMason's move into 41000 square feet and transportation consulting firm Kimley-Horn's move to downtown Tampa are driven by the ...

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SIRVA Strengthens Global Network By Expanding Services In Canadian Market - MarketWatch (press release)


SIRVA Strengthens Global Network By Expanding Services In Canadian Market
MarketWatch (press release)
... property management, consulting services, move management and more. This expansion is in response to the growing need for relocation services in Canada. "SIRVA has been moving professionals into and within Canada for half a century.

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Genworth Names Tata Consultancy Services Limited (TCS) Strategic Supplier of ... - MarketWatch (press release)


Genworth Names Tata Consultancy Services Limited (TCS) Strategic Supplier of ...
MarketWatch (press release)
TCS is a leading IT services, consulting, and business solutions organization and one of the top 10 technology firms in the world. TCS provides Genworth a broad range of application development and 24x7 technical support services across key ...

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Genworth Names Tata Consultancy Services Limited (TCS) Strategic Supplier of ... - Sacramento Bee


Genworth Names Tata Consultancy Services Limited (TCS) Strategic Supplier of ...
Sacramento Bee
TCS is a leading IT services, consulting, and business solutions organization and one of the top 10 technology firms in the world. TCS provides Genworth a broad range of application development and 24x7 technical support services across key ...

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Genworth Names Tata Consultancy Services Limited (TCS) Strategic Supplier of ... - PR Newswire (press release)


Genworth Names Tata Consultancy Services Limited (TCS) Strategic Supplier of ...
PR Newswire (press release)
TCS is a leading IT services, consulting, and business solutions organization and one of the top 10 technology firms in the world. TCS provides Genworth a broad range of application development and 24x7 technical support services across key ...

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Aon Hewitt Says NYC Is World's Lowest-Risk City for Recruiting, Hiring - Insurance Journal


Aon Hewitt Says NYC Is World's Lowest-Risk City for Recruiting, Hiring
Insurance Journal
But it's also the best city in the entire world for recruiting, employing and relocating employees, according to a new study. Aon Hewitt's 2012 “People Risk Index” measured the risks that organizations face with recruitment, employment and relocation ...

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New York Ranked Lowest Risk City in the World to Recruit, Employ and Redeploy ... - Sacramento Bee


New York Ranked Lowest Risk City in the World to Recruit, Employ and Redeploy ...
Sacramento Bee
By Aon plc CHICAGO, May 17, 2012 -- /PRNewswire/ -- New York is the lowest risk city in the world for recruiting, employing and relocating employees, according to rankings released today by Aon Hewitt, the global human resources business of Aon plc ...

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