If your company has outgrown its current location, it may seem as if there is never a good moment to contemplate moving. When will you be able to pack everything up without interrupting business, going offline, and losing money? It’s also possible that the response will come during that post-holiday period.
From a financial standpoint, it’s a time for renewal and reappraisal. Even though the holiday season is distinguished by increased purchasing and general financial activity in the lead-up, once the holiday season starts, we are likely to witness a slowdown that results in low first-quarter profits.. Reduced profits during this period don’t necessarily indicate a general economic downturn, but rather that everyone is recovering from holiday spending binges while businesses review and prepare to launch their start-of-year marketing strategies.
If you’re thinking of moving your company this holiday season, you’ll have fewer business interruptions, but it doesn’t mean you’ll have an easy road ahead of you. Here’s what you’ll need to know to make a move go well.
Have you got a free timeline?
One of the most challenging aspects of moving is predicting how long it will take to complete your move effectively. Even you tell your customers you’re relocating, you should not expect to provide them with a firm reopening date. Rather, the amount of time it takes to go anywhere is what matters. go anywhere is what matters. depends on various factors, including distance, company measurement, infrastructural challenges, and regulatory concerns, none of which are easily anticipated.
You’ll also want to provide some buffer time when arranging your move since you can’t anticipate complications with the moving company. A transfer might be delayed by bad weather or a broken-down vehicle, especially if you’re offer you a lower rate. If you’re flexible with your transfer dates, moving companies may also be able to give you a lesser charge.
Consider your employees.
“Where are my employees in all of this?” is another question you should ask before relocating. Some businesses genuinely believe in offering employees vacation time, even if it means shutting a profitable business like a restaurant at a period when it would otherwise be profitable. On the other hand, other businesses often presume that employees will be in the office during or shortly following major holidays.
Regardless of your general attitude, you’ll need to determine your employees’ role in your move.
Do you anticipate them to assist with packing and setting up the new site, even though they shouldn’t be responsible for the physical process of moving? You must be explicit about your expectations while still acknowledging that moving is not part of your regular work tasks. Businesses may also want to budget for paying their employees during this downtime while also funding the move, even though you will not be making any money.
If your company is mostly conducted online, clients will be impacted by your move – apart from any downtime. If, on the other hand, you own a brick-and-mortar store, your team’s relationships may be impacted by a change in location.
If you move outside of your original location, you may lose customer goodwill and possibly lose some of your customer base. They may return depending on the service you provide, or they may seek out another option closer to home.
Vacations are busy for most people, but they’re a unique time for businesses since the pre-holiday period is usually the most stressful economically. Make the most of this imbalance to move your company with the least hassle in the last few days of the year or at the first quarter. When prospects are otherwise engaged, you’ll be pleased to discover how simple an organization move might be.
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