Sometimes the location we pick for our business is just not working out. Maybe the customer base in the location your chose isn’t panning out the way you hoped. Maybe your rental and property tax costs are just too high. Maybe you just aren’t getting the results you want. Whatever the case is, it is clear that your business needs to move. That prospect can be a hassle to just think about, so here are a few tips for making your business move easier.
Tip 1: Do Your Research
Naturally, any business owner is going to look into the demographics of the region they are going to for marketing purposes. Every business owner is going to find out what their costs for the new building will be. But not every business owner digs deeper than that.
When moving, you want to make sure that your services are needed in that location. Scout the area of other retail businesses, and do surveys of potential customers to see if their needs fit the products that you offer. The location you are moving to could be a bustling metropolis with three million people, but your sales will be slow if the population doesn’t want to buy what you are selling.
Tip 2: Keep Your System Online
In the age of technology, it is important to have uninterrupted operations on the IT front. This means figuring out a space to have your IT operations moved to before the move occurs. You will be able to turn one location on and the other one off without interrupting your online and intranet services.
This means that customers ordering your products over the internet can still do so while you move. This also means that your operations will not have to face the technological disasters that occur when you turn your servers off for a day or two. Some business have found out the hard way that sometimes the systems do not operate the same way once they are turned back on, costing tens of thousands of dollars to repair the network.
Tip 3: Have a Proper Logistic Plan, Planned Out
Moving inventory is another conundrum that retail businesses have to deal with when moving locations. It is very likely that your usual logistics company will not have the capacity to move your entire inventory in one day. You will need to work with several companies (may we recommend Pack-All International for custom packaging) in order to move your goods to your new location, making sure that you have accounted for and scanned everything. This can be extremely time consuming if you have a large inventory to move to a new warehouse or office. Keeping track of your inventory is just as important as getting it there because it is literally your liquid assets.
Sometimes changing locations is the right move for your business for a myriad of reasons but actually going through with the process is a hassle. If your company has a lot of product to move or personnel to re-locate it can be a nightmare but even though it can be tough, with these simple tips, your move can be made more manageable and certainly less stressful.