How do you know when to relocate your business?
Here’s some advice from your top local business relocation company:
There are several reasons people move their business location, and you can make the decision based on many factors, but in order to make the most economically-sound decision, you must consider whether any of these reasons are included in your determining factors:
- Traffic: Are you getting enough walk-in business? Are people hesitant to visit your business because of other factors? Is parking an issue, are you too far from town?
- Visibility:If you are an industrial location and are not open to the public, this may not be such a huge factor in your decision to move. However, you want to be easily accessible regardless of whether you’re a warehouse or retail store. Is your business highly visible? People should know where you exist, and it doesn’t hurt to be conveniently located where they’ll drive by you everyday on the way home.
Expansion, Location, Space
Lots of businesses are subleasing space. However, if this is not an option, are you paying for a lot that is too big?
Do some research. Are you paying for a perfect location at a rate much cheaper than your neighbors, or are you overpaying for a lot that is mostly empty and you have no use for? Always consider expansion, but don’t waste your pennies where they won’t return.
- Price: Again, is the space worth the price? Can you sublease? Consider all possible options.
Although California Machinery Movers would love to help you relocate quickly and efficiently, we must ask you to consider if the benefits of moving your entire business will outweigh your moving costs, and the established location where people can find you.