5 Factors To Consider When Relocating Your Small Business Office

Posted on Oct 21 2013 - 4:15pm by Editorial Staff

Office

Finding a new office for your business can be as exciting as tiring. A whole new location, a whole new agenda brings with it the prospect of expansion and profit. On the other hand, relocating from an already existing location to a new one, means a lot of everything; paperwork, shifting materials, etc. though most of your work can be reduced by the help of all the good corrugated box companies out there at your disposal. They can offer a great deal of help by transporting all tangible materials, staring from your machines and ranging to your office water cooler, without a single damage to the materials.

But shifting business location is quite a challenge and you need to be aware of the factors that need to be kept in mind while relocating your business from one place to other.

The Size of the Business Office

The first thing to keep in mind before anything else is, how big you want to make your office. It should be properly sized and should serve all your business needs. If you are someone who wants to wrap the whole agenda in a minimum budget then you might want to share your business space with some other entrepreneur. It also reduces the business risks. However, reducing the budget does not mean you go for a cheap property. And also start with a small space as you will definitely have a chance to spread your business in the future.

Finding a Suitable Location

Choosing a proper location for your business is as important as the business itself. It determines how your business is going to fair. Simply put, if you have a retail business then you have got to find a location in the central town where people move in or out even after midnight, but if your business doesn’t concern retail work you may search for a location in the outskirts with a lower budget.

Consider your Budget

For this, you may need the advice of an office planning expert for the type of budget you might consider. Firstly, jot down all the minimum requirements you need to start the business like staff, property, raw materials, marketing and communications. Other factors like the weather and environment also come in view. Like if you are locating to a hot, humid place, then you should install humidity controlled storage as this prevents growth of molds and rotting of metals.

Terms and Condition

Before starting a business, you should consider the lease and license agreements. License agreements are generally better as they give you short-term agreements and are much easier to sort out, while leases bind you to a long-term contract. However, they provide more security and an opportunity to renew once the term is over.

Put some Personality

Your office space is an extension of your business, so it reflects the image of your business and creates the picture of your imaginations. Hence, you should set up your office with all the latest office trends so that it reflects the fact that you re up-to-date with the time. Create an atmosphere with positive mood. A good working atmosphere helps you pull the top employees. So plan and then execute!

Photo Credit: Flickr/Kheel Center

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Editorial Staff

Editorial Staff at I2Mag is a team of subject experts led by Karan Chopra.