Several factors imply a company’s move: merger, expansion, and therefore need for additional space, excessive rent, or premises ill-suited to its activity. Whatever the reason, this change can be made very quickly or take much longer.
Especially in the case of a large company with several services and departments. To go smoothly, moving a business must be anticipated and prepared! Here are El Cid tips for making your project a success:
- Ensure The Relevance Of A Move
Before embarking on a major upheaval for the company, it is essential to ask the right questions:
- Is this change necessary?
- What are the benefits for my business?
- Do I have the necessary funding to do it?
These three questions are central. Indeed, before moving your business, first, ask yourself if the timing is optimal. Activity in the real estate business responds to a certain seasonality: the leaders are more numerous to look for offices in January and September. These are two good times to start your research and find out the state of the market.
Consult the ad sites, create email alerts, observe the market price, contact specialized real estate agencies to frame your project. Take advantage of these highlights to familiarize yourself with the market; even if the moment is not necessarily the right one, stay on the lookout to not miss out on a great opportunity.
Is your business expanding and lacking space to install additional equipment? In this case, the move is self-imposed; and this change will inevitably have a positive impact since it will allow your business to be more productive.
The last question seems relatively obvious: it is essential to ensure your financing capacity, whether for a rental or purchase project. Once your motivations are defined, and your budget is known, you can embark on the great adventure of moving a business.
- Organize Your Schedule
Anticipation is the key to organizing a business move. The planning should be your reference tool for managing all levels of change.
The ideal is to establish an exact calendar that will determine each one’s role and the execution of the various tasks. This will allow you to remember nothing during the multiple stages and meet the deadlines.