Moving your business to new premises can unlock new opportunities. But it can also be stressful for you and your staff and disruptive to customers. Make sure you know why you’re moving and have a plan.
Before you decide to pack your bags, ask yourself:
If you decide relocating is the right thing to do, give yourself plenty of time to find the right office or workspace.
Carefully consider your specific needs and preferences, including:
Your physical location and space play a big part in how you, any staff and your customers feel about your business — so make sure you also think about what vibe or culture you would like to create or maintain in a new premises.
Don’t limit yourself to what you need now. Consider how your business may grow or change in the future.
Relocating a 500sqm workspace takes about six months, according to CBRE, a commercial real estate firm, and at least a year for a larger place.
A business continuity plan (BCP) covers any event that could disrupt day-to-day operations. It’s often connected with preparing for natural disasters, but it can also be useful for moving premises or a major technology outage.
A BCP for relocating could include: