Moving your business from one site to another is a big, and complicated task. Indeed, there are many factors you need to consider, and many actions you need to take before you choose to make the move. Read on to find out about some of the most important in the post below.
Costs
The first issue to consider carefully are the costs involved. The first cost associated with moving business location is the price of your new location, which if you are expanding could be considerably more. It’s important to do a proper cost/benefits analysis for this and make sure that you will be able to meet this increase without adding strains to the other aspects of your business.
The next cost that is involved in moving your business is how much the actual act of moving everything from your old site to your new one will be. This will include removal vans and services (remember your employees won’t be able to do this because of insurance and safety protocols).
Lastly, there is the cost of decommissioning your old site and getting your new location up to speed. This may include repairs and cleaning of your previous location so it can be sold or leased out to another company.
Logistics
Another important consideration when moving the location of your business are logistics. Indeed, there are several factors to think about here.
The first one is whether the location of your new premises is close enough to major logistic rotors like motorways, train stations, and ports. This is especially unimportant if your business needs to ship products around the country, and internationally because it will impact your delivery times and operating costs.
Next, if you are running an office-based business, you will want to make sure that the location you choose is a viable option for your employees to get to easily. This can be a challenging thing to work out, as there are many data points involved.
The good news is you can use tools like the driving distance matrix api to help you make this calculation. Thereby ensuring you have the most accurate information when you decide on your new office location.
Size
Lastly, before you move the location of your business you will need to carefully think about the size of the premises you need. This is because if you choose a location with too much you will be paying for space that you won’t end up using. However, if you choose a location with too little you could end up having to move again too soon, which means you will need to deal with all the stress and costs involved.
To that end, be sure to consider all factors including whether you are likely to let some of your workforce work from home, so could use less space and offer hot-desking the days they are in. Similarly, whether you are planning on expanding your business any time soon is also an important factor to consider, because you will require a site with more space.