Technical Scenarios To Cater While Moving: It’s A Lot Easier Than You’ve Expected

On March 24, 2018 by Preeti Shah

Businesses always look for better opportunities to lower their costs, capture new markets, and expand their operations. Sometimes, in search for better odds of business success, relocating to anew location might sound like a promising path to growth. In fact, according to the U.S. Census Bureau, the annual relocation rate for Americans is approximately 40 million. The U.S. Postal Service is reported to process an average of 38 million change-of-address forms per year.

Moving To A New Location
Establishing a business takes effort, time, and money, and moving to a new location might sound like a handful. A company would typically own a plethora of furniture and fixtures, computing devices, physical records, other equipment and so on. To physically pack and move from one location to another would seem tedious and hectic, not to mention the loss of productivity during the migration phase. If that was not enough, an entrepreneur needs to consider moving the staff, their families, and their furniture as well.

Relocating A Business Would Require Making Tough Decisions

Office Relocation Services
First, the company would need to assess its physical assets to determine if they are in ‘movable’ condition. Next, they would need to make an inventory list and pack all the assets ‘securely’ to minimize damage and losses. Then comes the part where the assets are transferred to a new location for setup.

Moving to a new office setting can be unsettling, as employees are used to their previous work environment. Moreover, a business might lose some of their valuable employees who are unable or unwilling to migrate to the new location. Making a decision such as that would be challenging for any entrepreneur,to say the least.

Commercial Movers
Perhaps the biggest nightmare for any entrepreneur or business is the loss of luxury and familiarity in the previous location built over years of trade relationships; once a company  relocates; it needs to establish new trade relations in the region, which simply means a fresh start.A business that is moving to a new location and wants to retain its valuable staff would also need to sustain the cost of relocating the team, their families, as well as their household belongings.Therefore, any entrepreneur would fret over the mountain of tasks that need to be completed before and during the relocation process, which includes physical relocation, change of address, updating digital platforms, and setting up the new spot for uninterrupted operations.

One might wonder why a business would plan to relocate in the first place given the hardships involved in the process. It may not necessarily depend on a particular aspect but on a number of factors such as office rent, accessibility to the target market, labor costs, skilled labor, government intervention, exploring new markets, etc.

Office Relocation
Majorly, five reasons would compel a business to take such drastic measures:

  • Business Expansion

Every businessidea starts out small and as it grows so do the company’s requirements. Sometimes, expanding the office (physically) in the same location is not possible, which calls for a change of place.Hence, when the opportunity strikes, the entrepreneur would look for a site that is best suitedfor their operational requirements.

  • Operational Costs

We all understand that to keep up with the increasing competition and to gain an edge over the competitors, businesses need to lower their prices to attract customers. A smart way to achieve that is by reducing operational costs to retain the same profits even at thereduced market price.

For a business, operational costs include the rental, utility expenses, staff wages and salaries, raw materials, logistics, etc. Some geographical locations have a cost advantage compared to other areas. For example, developing countries are known for cheap labor. Therefore, for a business that needs a large workforce, relocating to a developing nation would potentially save millions of dollars in wages and salaries annually.

Similarly, some areas have a cost advantage in raw materials, especially, if the nationis a large producer of the raw material. Businesses that are into processing sector can reduce their operational costs by moving to a location with cheaper raw materials.

  • Accessibility To The Target Market

A valid reason for relocating a business to a different location can be due to easy access to the target market.A company might make a move to tap into greater markets in hopes of increasing its sales and revenues. It is quite likely that a demand for a product would be higher in one region compared to another. Therefore, by relocating to a new location, a business might be able to increase its profits.

  • Skilled Labor

One major factor behind business relocation is the need for a suitable workforce. Entrepreneurs might lack the amount of skilled labor in their current vicinity, which would warrant the need to move to a location that has an abundance of the right talent. This is especially relevant when businesses need specialized employees for specific occupations.

  • Government Intervention

It is quite likely that a business would require moving its facility due to government intervention. Production plants and polluting factories have to be stationed outside the residential areas. As the population grows, there is a growing need for housing facilities. Often, during the expansion of residential areas, industrial businesses are required to relocate to make room for new residential plots.

With that being said, various factors influence transferring a business to new locations. Physically moving the company to a new area may sound challenging. However, thanks to large-scale logistics solutions, businesses can now pack and move to new locations with ease within a few days and can even seek help with setting up the new business location.

A simple and effective tip for moving large businesses from one location to another is by hiring professional movers, who can pack and deliver the assets on a timely basis with minimum interruptions. The best part is that companies can acquire group discounts by hiring the same facilitator for moving the household of their employees. Logistics companies operate on a massive scale these days,and by working with professional movers, a business can minimize damage to their assets, while speedily relocating the entire setup.

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