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Choosing Your Next Business Location

Choosing Your Next Business Location

Choosing Your Next Business Location

Modern corporate office interior.

Especially for businesses that serve customers at their location, known as local businesses, their location can have a significant impact on their profitability. But unless you have a home office, buying or leasing a location is necessary. While each company will need to comply with different requirements, it’s important to review the needs of your business when choosing the location and type of space you will be inhabiting.

The following are examples in which a location would be necessary for your business:

  • Your vendors are nearby
  • It’s known and easily accessible for the products and services you’re selling
  • You are in close proximity to your target audience
  • There are other businesses nearby that complement your business (such as a pet store located next to a dog shelter)
  • Real estate or leasing rates are affordable in the area
  • It’s a growing and/or prospering area that offers opportunities for your business to grow

Tips for Choosing a Location

  • Research all options. In addition to researching the area, look into the demographics and economics, making sure that the area would be able to support your business.
  • Research other businesses in the area. It’s important to know the location of all competition as well as businesses that complement yours.
  • Research local councils. Get to the know the area by speaking with the local members, asking about planned development, rates, business activity, and zoning.
  • Review the current and future needs of your business. Make sure your marketing plan is updated and your future location is aligned with your business goals and needs.

Types of Business Locations

Each business is limited to specific layouts of potential spaces. In other words, a retail store should not be looking at offices or warehouses for their next location. When researching your next commercial space, it should support your business’ operations and needs.

You should be able to look around and picture your assets in the potential new space, giving you a good idea if you have found your next location.

The types of business locations include:

  • Retail stores
  • Shared commercial office suites
  • Temporary spaces, or pop-up businesses
  • Warehouse, manufacturing plant, or storage space
  • Standalone office space

Steps Included in Choosing the Business Location

  1. Choose your next location
  2. Request the purchase documents/lease
  3. Review the documents with a real estate attorney
  4. Negotiate the price
  5. Sign the purchase documents/lease
  6. Work with a professional moving company to start the relocation process

When choosing a location, it’s important to find one that will meet the financial needs of your business, allowing it to grow. Consider seeking legal and/or financial advice regarding the area before signing any documents and to avoid any mistakes that you may regret later.

Relocating Your Business

If you are in need of a larger space or you are no longer able to reach your target audience, it’s important to find a new space that will solve this issue. Keep in mind that businesses change over time; so what may have been a good fit for you before may not be so accommodating now.

Make sure to review the current situation of the company and choose a space that accommodates your needs and allows you to expand without having to relocate again in the near future.

The needs for business relocation:

  • Client and customer convenience: If you own a retail store that is hidden or not easily found by local customers, this can be a huge problem. You’ll want to have a location that is easily accessible, allows customers to conveniently enter and exit, and even show off your products if you have a storefront window.
  • Lower business costs: If recent changes to property taxes or the price of your lease increased substantially, moving your business to a more affordable location can be the best option. This will allow you to cut costs and possibly even increase profits.
  • You need more space: It can be exciting to search for a bigger space after your expanding your company. But in any case, if you are limited by your current space, such as not having enough parking spots, desks, or space available for equipment, you will need to look for a larger space.

Important tip: As with any move, you must notify the government the change in your address and to forward any mail from your old address to your new mailbox.

Business Moving Professionals

After you have chosen your new location and signed the purchase or leasing documents, you’re ready to work with a moving company that can relocate the business. When looking finding one that can handle all aspects of the process would be ideal so you can focus on business tasks.

At Chicago Office Movers, we specialize in business moves. Our professionals ensure to handle the entire process, from planning to installing furniture at your new location. We will work with you to determine what you need, provide the moving supplies and manpower to safely relocate all items and equipment.

Whether you are looking to move computers, inventory, furniture, or other pieces of equipment, we make use of professional resources in order to keep the service efficient and minimize downtime. After the move, we will ensure that everything is installed properly in the right places and that you are satisfied with your new location.

Free Estimate

For more information regarding our business relocation services or for a free estimate, give Chicago Office Movers a call at 312-244-2246 or fill out a contact form. We look forward to working with you soon!

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How to Prepare Your Business for Office Relocation

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Running your business from a new locale is exciting. A larger physical space may indicate business growth and employees are likely to look forward to working in an upgraded facility. However, before the celebrations can start, the office must endure the chore of picking up and shifting.

It is important to ensure that the business seamlessly continues despite the relocation. Hiring professional movers with commercial moving experience is important for a smooth move. Once the relocation date has been established, the business owner should prepare for the upcoming transition, whether you are moving across the street or are relocating internationally. Here are some tips to keep in mind for your office move:

1. Develop a Timeline

Schedule the relocation based on important dates in the business calendar. Write down the events in the relocation timeline.

Factor in when the business’ building lease will expire. The property manager should be notified of the anticipated move date.

Communicate with all employees about the set relocation date. Suppliers should also be informed. Keep the team members in the loop about the progress of the move, as well as their responsibilities during the relocation.

2. Visit the New Space

Pay a visit to the new building into which the office will move. If painting the walls in the new office needs to be done, hire a painting contractor to perform the task well before the move. Examine the flooring and walls. A carpenter can be hired before the move to address any issues, like constructing walls or refinishing the floors, inside the new building.

While at the premises of the new office space, develop an office layout. Determine where office desks or cubicles will be positioned and where the electrical outlets are located. Take the time to scrutinize the layout for any potential difficulties, such as whether or not the receptionist area or lobby is expansive enough to accommodate all the furniture.

3. Update Company Materials

Provide the company’s new address to relevant contacts. Be sure to indicate when the new address will take effect.

Print updated business cards, stationery and marketing materials with the new business information. Update the company’s website, noting the new address for customers.

4. Discard Unnecessary Items

Before relocating, it is expedient to get rid of the office clutter that has no functional use in the new office. Unusable furniture, old desks and chairs, broken shelving and décor that has no place in the new space can be discarded or donated prior to the relocation. Also recycle or shred office documents that are no longer needed. Explore tax-deductible charities to which you may donate the surplus office equipment and fixtures.

5. Create an Inventory List

Man-Writing-on-Clipboard-in-Storage-Warehouse

Creating an inventory of each item can prevent items from getting lost during the move.

Prior to relocating, develop an inventory list of all the company assets, furniture and miscellaneous items used by employees. Be sure to retain a hard copy for business records.

6. Prepare the New Space

You’ll want the new office to operate as soon as employees walk in. Ensure an easy transition by setting up the electricity, water, gas, phone, and any other utilities prior to the relocation day. Also make arrangements with local waste management services. Utility companies should be contacted well in advance in order to schedule connections for services or installation.

Before moving day, confirm that the movers will have access to the unloading zones at the new facility and loading areas at the current office.

Movers will have an easier time if they have exclusive access to the new facility’s service elevators, loading docks or emergency doors. Before relocating, speak to the building management to arrange for access during the move.

A major office relocation may have an impact on local businesses, especially if those companies’ driveways or parking lots are temporarily obstructed during the moving process. Notify the surrounding businesses if driveways will be blocked for a short time.

7. Simplify Moving Day

Hang enlarged copies of the office layout in each room in the new facility to help movers place office furniture in the designated spaces. Stick color-coded labels to furniture and office equipment to stay organized during the transition.

8. Hire Security

Employ a security guard to monitor sensitive items, like classified documents or computers. A security guard also can be hired to watch for suspicious street-level activity as the relocation occurs. Doors will be propped open, and computers may be left unattended for brief spurts during the relocation event.

The security guard should be given a list of authorized personnel who are allowed into the new facility as well as into the existing one during the move.

9. Notify Customers

Keep business running smoothly by notifying customers of any interruptions in service, how long the breaks will last and when to expect the continuation of service. Customers should be kept updated, whether the interruptions are for a few hours or over a series of days.

10. Work with a Professional Office Mover

Commercial-Planning-Phase-Three

The union movers at Chicago Office Movers can help you plan, prepare, and move your office to minimize all interruptions on moving day.

Before a planned relocation, enlist the services of Chicagoland’s most reliable office movers, Chicago Office Movers. We take pride in providing our award-winning office moving services and helping corporations shift to new locales.

Chicago Office Movers will protect your office furniture and property using advanced equipment. Our climate-controlled trucks keep your business assets in a temperate environment, whether on a blistering Chicago afternoon or a subfreezing Chicago morning. Customers can track their belongings every step of the way with the aid of our tracking equipment.

Full-Service Moving Company

Whether your company is moving locally, long distance, or internationally, Chicago Office Movers is prepared with convenient corporate relocation services that take the hassle out of moving. We employ licensed and trained movers who undergo a thorough background check. Business customers also find peace of mind in our available insurance contracts.

No matter if your office is moving antiques, artwork, science lab equipment, IT systems or electronics, Chicago Office Movers has the professional expertise to move your company’s assets safely and efficiently. The professional commercial movers at Chicago Office Movers offer a free estimate for all relocation services.

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