When Is the Best Time to Move My Business?

Business relocations can boost your business when they’re motivated by the right things.

Business relocations can help with retention, business generation and future growth. Just make sure you time them correctly. Moving from one building to the next is also one way small business owners gauge their success, so make sure you’re not jumping the gun.

Answer these questions before you move your business:

• Will our new location fit our future needs? Moving your business is a monumental endeavor. Besides the backbreaking work and extra bills, your employees and clients are forced into change—a problem with sometimes surprising impact. It’s essential then to make sure you don’t have to move regularly. Aim for a new space capable of meeting your needs now and in the future.
• How attractive is our new locale? Attractive isn’t just relevant to looks. Locations can be highly desirable for many reasons. An office in the right neighborhood might wow clients and draw the attention of high caliber employees. A new location may provide easier access to major roadways or high-speed Internet connections. Price alone rarely makes a move worthwhile.
• What happens if we don’t move right now? Often, the most cost effective move is the one you decide not to make. Growing a business can make you antsy for progress, but it is best not to rush. If there’s not a pressing need to change your location, strongly consider staying put until you do need an expansion in order to grow your profits.

Once you’ve decided on the best date for your move, click this link to contact Nilson Van—Columbia’s expert on business relocations. Visit us online or call 800-845-2682.