Corporate Relocation- Defining Your Reasons
There are many factors involved in a process as complex as corporate relocation. Many entrepreneurs, owners and managers are faced with a difficult host of decisions when the concept of moving an office comes into play. With the obvious advantage of having already done business in one place for a while, each organization has a feel for what works and what doesn’t. With the benefit of this experience it is, of course, easier to compare and contrast the advantages and disadvantages of moving to a new place. But there are other things to consider such as how much the business disruption will cost the company and what are the new and differing environmental and regulatory concerns that may become a factor once the move has been made. The following are the first two steps before deciding to make a move.
Be Clear About WHY
While there can be many reasons for moving, making certain to completely articulate your primary goals is a vital activity before deciding to relocate. Are you looking for a more skilled workforce in a specialized field? Are you seeking to lower the operating costs of the company or to improve the quality of life for your employees? Perhaps you are looking to expand your market and have found that a new location would aid in this pursuit. Or maybe it’s truly just an issue of having the physical space you need to realize the growth that you desire. By being as specific as possible about why you want to move, it is much easier to realize your goals and make the best choices in order to maximize a relocation opportunity.
Be Clear About WHAT
A good place to begin, once you have decided exactly why you want to move, is to make a list containing everything you will need for your new office. Again, being as detailed as possible with your location specifications is the key to clarity and ultimately success. Write down everything that is a priority such as the size you need the office to be, the physical placement and in what type of neighborhood, along with what kind of facilities and equipment you will require. In this case your reasons for the move become very important: If your main reason for moving is to find more qualified employees, it’s important not to get caught up in a wonderfully inexpensive new lease in an area where the demographics do not support such a specified labor force. Be clear with yourself about what is needed as opposed to wanted and create your list accordingly. This will ensure that there is less ambiguity and confusion when it comes time to make the most important decisions.