Moving business premises: Five important things to think about

Here, we look at five of the most important things to consider when moving business premises, from security and accessibility, to managing relocation budget.
 

Moving business premises can mean additional space, extra resources, happier staff and a more favourable commercial location. But despite these positives, research suggests that three quarters of SMEs fear the stress of a big office move.

There’s no doubt that moving premises presents a lot of challenges for SMEs, both from a financial and logistical perspective. The cost of relocation can place strain on your bottom line, impacting your cash flow in the short and long term. It can also affect normal working hours, and demands additional logistics that require careful planning and management. In short, moving premises can be a risk — but is it a risk worth taking?

Here, we look at five of the most important things to consider when moving business premises — from security and accessibility, to managing relocation budget.


Budget wisely
Ultimately, it’s your business’ available capital which will dictate your decision to move premises, and have the biggest influence on the size of the property you’re able to move into. Whether you have a small or large budget, we’d recommend that you use a local relocation agency to help organise the move and ensure you don’t overspend. Relocation agents can provide guidance on financial elements like business rates and rent, so you’re not stung by unexpected costs. They can also provide a pricing forecast for any refurbishment, and help make those tough planning decisions which could see expenses escalate.


Read the full article here: http://smallbusiness.co.uk/moving-business-premises-2538617/