5 Ways Your Business Can Benefit From An Office Relocation
There are many office relocations that take place, not because the business chose to relocate, but due to other circumstances that arise. It could be that the building in question is being renovated by the landlords, or even sold.
Another reason could be that the business’s finances are such that continual rent increases mean the costs of remaining in the current offices is simply not affordable any longer. Of course, there are many other reasons out with the business’s control that force relocation, and the potential upheaval can also cause problems if it is not done properly by professional removalists.
Thankfully, forced relocations are rare, and a more positive type of office relocation is one which the business chooses to undergo of its own volition. These tend to occur due to the owners or senior management of a business seeing that there are several advantages to office relocation, and wishing to avail themselves, and their business of them.
An Improvement in Productivity
It is a well-known fact that if staff are happy and feel comfortable in the environment and surroundings they work in, then their productivity rates will be higher. Any business, including those that operate from offices, will benefit from increased productivity.
New premises can allow for the purchase of new and updated office equipment which can further improve the working environment for employees and provide them further ways to increase how productive they are.
Allows For Expansion
Every business that has started from humble beginnings, but has then expanded, will have outgrown several of the premises that it has been using over the years. As such, it could be that relocation is necessary for your business to grow further and move on up to the next level.
Relocation can provide extra space for additional equipment and more employees that will allow for an increase in output, and which further enables the business to expand and grow.
They say you can tell a lot about a person, and in particular their level of success, by the clothes which they are wearing. Well, that same principle applies to businesses.
If you are located in a tiny, out of the way office, the impression given will be that you are a small, insignificant brand. However, were you to relocate to a larger, modern office it tells the different story, especially to potential clients who visit that office, of a vibrant business that is growing,
Closer to Target Market
Often, when a business owner is choosing their first office, it is done more on the basis of affordability rather than its location. For this reason, as that business starts to grow, it may find that its main target audience or client base, is some distance away.
When the opportunity and means arise for that business to relocate, it should move to a location that takes it closer to its potential market, and its existing client base. This makes it easier for the business to sell into that market, but more importantly, it makes it more convenient for clients, which is always a positive in terms of retention and repeat business.
A Fresh Start For The Business
For some business owners, this is their favourite reason for relocating their offices. It gives them and their staff and new lease of life, and in many cases helps them get out of any rut they may have been in. A new, modern office and a greatly improved working environment is something that management and staff will both benefit from.