There are many different ways in which you can grow your business, such as by hiring top talent and ensuring you’ve got your finances in good order. However, relocating to a new business premises can also prove to be beneficial. After all, this could:
- Allow you to save money when downsizing, especially if some of your employees work remotely.
- Provide you with extra space if your team is growing or you’re expanding the amount of products you have on offer.
- Enable you to become a bigger part of your local community and increase the amount of foot traffic your business receives.
- Refresh and revitalize your business.
- Increase profits or generate a higher volume of sales.
With that in mind, here are some top tips for a smooth business relocation in the new year!
Have a clear vision in mind.
Before you begin attending viewings or putting down offers for business properties, you should ensure you have a clear idea in mind of what you are looking for. To consolidate this vision, write down a list of everything you need. Then, write down anything additional that you’d like but could do without if necessary. For example, you may need a specific amount of space to accommodate your team but could afford to be more flexible when it comes to location!
While most of your energy during the moving process will be dedicated to finding the right property, you also need to think about the actual moving day itself. For example, you need to hire movers to take your stock, office equipment, and other items of furniture to your new store – as trying to do this alone is near impossible. Remember, moving companies tend to get booked up far in advance, so this is something you should arrange sooner rather than later.
Consult your employees ahead of time. While you’ll likely be moving to another location within your current city, it’s important that your team is kept in the loop. After all, this could impact their daily commute quite considerably. Their feedback on potential new locations could also prove useful during this time.
Plan a launch event. Once you’ve nailed down the logistics of the move, it’s time to celebrate! Hosting some kind of launch party or celebratory event is a great way to share the happy news with new and existing customers and could be a great way to put your business on the map. This could also help you boost your sales, with a recent study finding that “91% of consumers are more inclined to make a purchase after attending an event.”
Update your website and social media pages. Updating your website and social media pages so that they feature the correct address (and opening hours) is also crucial when relocating. After all, customers are unlikely to be forgiving of this omission if they turn up outside your old premise by mistake. As such, you should upload a social media post or blog detailing the move so that they are kept in the loop.