Developing a Corporate Relocation Policy

There are many reasons for a company to consider relocation. From growth to downsizing, changing demographics to searching for more traffic. Whatever the reason, one thing is sure – a corporate relocation policy should be in place long before the move ever comes to the table. If you don’t have one, we’ve got the guide you need to get started.

Outline the Why

Why does leadership believe a move is in the company’s best interest? This is the first step in creating a sustainable policy. Be clear about the intent, the why, and who it will impact. Consider employees, vendors, customers, clients, and the community.

Create a Budget

A corporate move can have a substantial cost attached, so a budget is critical. Expenses include the cost of the building, whether buying or leasing, new furniture if needed, retrofitting the new location to suit your needs, repairs and reconfiguration, property agents, legal consultation, and moving company services.

Identify Locations

Finding the best new location is vital to the company relocation policy. Don’t just point and pick a new building – compare available options, weigh the pros and cons of the locations, look at the demographics and surrounding community, and the accessibility for customers, vendors, shipping, deliveries, and employees.

Prepare a Checklist

Your move checklist should include relocation policy best practices, including communication, information, important dates, and resources for the new location. It also needs to include the prepping, packing, and transportation details of the move from the time of the decision to completion.

Rely on Professionals

Corporate moving professionals are your company’s best resource when creating a corporate relocation policy and planning a company move. Reach out to the Nilson Van and Storage’s experienced corporate move team to get started.