Business demands taking risks for the sake of commercial success and enhanced productivity. Sometimes these risks come in the form of relocation opportunities. Companies move for different reasons. Some have to relocate because the area is no longer viable for business. Others seek to expand their premises or explore new marketplaces. Some find it essential to downsize for survival. Let’s discuss how relocation influences your business and learn some tricks for a cost-effective moving process.
How relocation affects your business?
Moving to a financially beneficial location increases the chances of business productivity. Companies often move because of a growing crime rate or the lack of workforce. Some areas attract business people with their marketable charms and utilities.
Business organizations can relocate to escape their local competitors too. The availability of more customers in an alien neighborhood can also make it an ideal business location. Some companies move to achieve geographical proximity to their clients.
Inflated property rates compel companies to change their commercial addresses. Business people find places where real estate costs are low. It’s also possible that your current office building can’t adequately manage your commercial-expansionist ideologies.
Some firms decide to relocate to get in touch with a better worker pool. Companies can move their offices to areas where they can find professional employees. With reduced rents, companies can consider hiring highly-skilled and well-paid people.
Business moving also has its disadvantages. You might lose current customers, and relocation can undermine your long-distance service. Your competitors may fill your gap and take over your consumers. Let’s see how you can save money while moving commercially.
Storage solutions to relocate economically
1. Secure the business:-
Business moving can become chaotic if managed improperly. Simple organizational skills will help you relocate without any loss/damage to office property. Companies can now rent self storage units to store the office belongings temporarily. These storage spaces also free up workspace and make the switching process faster. They also help you clear the building for sale/auction.
2. Work with a timeline:-
Create a timeline to guide the entire process of relocation. It’ll also help you decide what items to store and immediately bring to the new premises. This timeline will cover all the essential features of moving. Relocating your business requires planning ahead of a few months. Even the smallest companies need to spend at least three months to plan their itineraries. Assign different tasks to your workers to streamline the workflow and make the transition quicker.
3. Insurance is assurance:-
Hire licensed and professional movers for commercial relocation. Make sure these guys provide insurance in case of property loss/theft. Losing office property may lead to data leakage and disruption in the company’s normal functioning. You can also use office-owned transportation services to relocate all your possessions. It’ll save you money but will cost some undesirable diligence. However, it’s always quicker to seek the help of a reliable moving company.
4. Clutter creates stutter:-
An office relocation lets you discover many junk items you’ve been hoarding. You can remove this clutter and save some decent money on movers and storage units. This clutter includes junk mails, now-useless documents, worn-out furniture, and other worthless stuff. Taking this “garbage” to the new premises will be a fruitless effort. That’s why it’s better to lose this clutter either via recycling or by disposing of it. Remember that these junk items only contribute to your stress.
5. Stock up your inventory:-
You can use storage spaces to ensure the inventory doesn’t give up on you while you’re moving. The company can pile up its resources to provide uninterrupted service to its customers. That’s why it’s essential to plan early and give yourself some extra time for preparation. For a while, the business managers will even have to maintain both the new space and the old one. It’s advisable to communicate with your consumers and suppliers before making the transition.
6. Carefully pack the machines:-
It’s essential to pack computers and their cables accurately. The electronic equipment owned by the company is its valuable and expensive resources. So, don’t stack them one over another. Wrap the monitors so they won’t break easily. Protect your data and find some secure location to store it. You can utilize flash disks or cloud-based storage services to create a backup for your data. Remove cables from the computers to avoid damage and place them inside zip-locked bags.
7. Cater to the furniture:-
Be just as sensitive to your furniture as you are with your computers and pull removable drawers out and tape the non-removable ones shut. It will help if you do that before the tables go up the moving truck. Also, disassemble the office chairs to make room for more stuff on the vehicle. Remove shelves from file cabinets too. Sofa cushions should have decent coverings so they won’t get torn or dusty. Easily-breakable (such as glass) items also require the utmost attention.
8. Labeling is enabling:-
Labeling the boxes helps office workers quickly unpack the much-needed items after relocation. The people who’ve packed these objects won’t necessarily be the same people who’ll unpack. That’s why it’s essential to make each box easily identifiable with labeling and color-coding. A masterfully-crafted numbering system can also allow you to keep track of all your possessions. Also, include a brief description of each box. These tricks make it easy to retrieve lost/stolen objects.
A successful company is attentive towards its annual expenditures on relocation. Moving with your employees increases the average cost of relocation every year. These factors make businesses a billion-dollar industry. Statistics show that a company spends an annual sum of more than $1.6 million on relocation. The entire process of moving also involves a matter of weeks. The company issues its workers a formal transfer notice and then allows a few weeks to pack up and move. That’s why it’s necessary to apply some economic solutions to reduce unnecessary costs while moving. Cost-effective storage solutions can be useful to make relocation more manageable and less tiresome.