Justification for Relocating a Business
Is it time to rejuvenate your business by a change in location and an office with better facilities? Perhaps your office lease is due to expire and the office rent has increased beyond your means. Businesses need to relocate for a variety of reasons, and the decision to move offices needs to be done with careful planning and close analysis in order to ensure that a relocation is a viable option and to secure the right office space for your business.
Assessing your Needs
The decision to relocate the business is never an easy one, and a relocation can be an upheaval and a costly project for many companies. Even if your office lease is expiring, you still need to make a close review of your requirements to determine whether a reorganization and renewal of your existing office would be more beneficial.
Ask yourself:
- Is this the best location for my business?
- What office rent can we ideally afford and does the current office meet that?
- Is the type of building and office layout maximizing brand strength, staff productivity and an all-round favorable impression?
- What office facilities do we need to operate effectively?
- And can these be improved upon?
- Is my office too big?
- Too small?
- Will it accommodate any growth if we were to renew the lease?
Impact on Clients and Staff
You will also need to consider the impact a business relocation will have on staff and clients. Even if you are relocating close by, change can be disruptive for staff and you will need to consider the effect it might have on productivity. As for clients, be sure you meet their needs too. You will need to ensure that the new office building and interior gives the right favorable impression of a flourishing business, still able to meet their growing demands.
Whatever decision you chose to take, consult with a Tenant Rep Broker to help assess your options and weigh up the market. Remember that early planning will also assist you in a achieving a smooth and successful relocation, so use the Office Move Checklist to guide you through each important stage.
Planning an office move? Go the office relocation planning resource center
-
Start Planning Your Office Move
Wherever you are in your office move process Help Moving Office has the information you need to plan your office move properly.
Start Planning -
Access The Resource Center
With over 15 guides, checklists, tools & calculators the Resource Center has everything you need to plan, organize & manage a successful office move.
See Resources -
Office Relocation Services Directory
Looking for the right companies for your office move? Connect with independently sourced and pre-qualified vendors that are experts in your local market.
The Directory
Latest Tips
-
85 Critical Tasks Before, During, and After the Move
An office move has countless moving parts. Where do you start? Keep reading... "Guru" of office moving, Ed Katz, has you covered!
Read Article -
Request for Information (RFI) with Best Answers
Looking for the best mover for your office relocation? The best way to narrow down your search is to ask the right questions. What are the right questions? We're here to help! Ed Katz, president of the International Office Moving Institute (IOMI) and guru of office moving, will tell you exactly what you should be asking potential movers and what the right mover will say.
Read Article -
Stages of an Office Move
Identify the key stages of an office move and find out what important issues need to be considered at each milestone.
Read Article
