# Employee loss
Sadly, you need to know that many of your best employees will have to lose their jobs. Perhaps, some of them will be ready to change their location in order to keep their jobs, but most of them (even the most loyal and valuable men) will not be interested if you don’t offer them different bonuses, better working conditions or higher salary. Having all this in mind, it will be cheaper for both – them to find new job and you to announce job contest at new location.
# Sitting on two chairs
Relocating your business is probably the most expensive thing to do, just after opening a brand new company. It is happening for several reasons. You need to keep maximum productivity at the old location to the very last day, because the money you earn until closing will help you in organizing and preparing new location. In addition, relocating is the real logistical nightmare because it will probably take more than a month for the most of your clients or courier services to record your new address.
# Varying costs
If the situation on the market is better at new location (which is probably the main reason why you have decided to relocate your business in the first place) you will taste its benefits after six months. The period between is crucial because you have to reduce your costs as much as you possibly can. If you decide to buy new office equipment and furniture, you should try to sell old ones to cover part of your costs for buying new. Although all of this seems like money – grubbing, it is better to be as economical as you can be while the process is all over.
# Reliable help
Before you move to the new location it is necessary to provide best possible conditions so you don’t waste time on cleaning up and painting the walls once you’re there. Consider hiring professionals for renovation, transportation and equipment installation. Don’t forget to check out your phone lines, electrical wiring and installations, internet speed and network quality, etc. There’s another important thing to remember when it comes to relocating your business – whether you are moving to Sydney or another place, find reliable rubbish removal company so you could leave clean space behind when you move out. Also, use the companies and people you’ve hired to prepare the new place for your arrival as well.
# More time for everyone
Having poor traffic is probably the worst thing for your business and your employees too. Wasting time on your way to work or when you’re going home is the worst, and you end up with nervous and edgy people who are always running late. Also, your partners and potential clients will not like the idea of being stuck in traffic for hours just to get to you. If your new location is better in terms of traffic, you will end up being in much better position than you were in before.
# Follow the money
Check out the costs of life in your current city and compare them to the ones of your possible new location. Being in the city has its benefits but it is also very expensive. By moving to a new place you will reduce the costs of living and possibly reduce the costs of advertising too.
While there is no such thing as moving without risk, deciding to go for it nevertheless could easily be one of the best things you have ever decided to do for your business. On the other hand, once you move to a brand new location, you will have the odds in your favour. Being in business for a while makes you aware of the problems your current location has and you will be looking to avoid that in your new place.