07 Aug 2017
As your business grows and expands, there will be new demands that you must meet and your business can become stretched.
There are some tell-tale signs that your business has outgrown its current location and you need to look for a new business premises. We’ve put together a useful guide that outlines the four major signs that it is time to look elsewhere for a bigger space.
Expanding Your Reach
One of the major problems with any business is a need to expand your reach and grow your services or products to new areas and markets. It is important to remember your business's core values so that you don’t stray too far away from them. But if it is time to branch into a new area of business, you will need to consider how this is going to change your office dynamic, and whether you'll need more space to accommodate this. Otherwise, you risk upsetting the customers and staff who got you to where you are.
Something you will need to consider here is the cost of the rent. When you decide to move, it will likely be much more expensive, particularly if you are moving to a larger city. Always do some local research ahead of your move to new business premises.
Running Out of Space
Another sign that you might have outgrown your current business premises, is that you are running out of space. As you expand and grow your business, it is more than likely that you will need more employees to help keep up with the demand. With the business starting to employ more people, you will need more desk space and more room in the office to accommodate your staff. You should make sure that you have expanded as much as you can in your current premises, but when things become too cramped you will need to move office. This will also bring better morale to your staff as they have more room to do their job properly.
It is a sign that you have outgrown your current business premises when your recruitment efforts are not going to plan. Many businesses find it difficult to recruit skilled members of staff to the team, especially if you are not based in a desirable location. In such a competitive job market it can be difficult to attract skilled members of staff if you are based in a remote location with cramped offices. Moving your office to a more desirable location can improve the image of your business and attract a better workforce.
Facilities and Opportunity
Something else that should cause you to consider moving business premises is the facilities and opportunities available to you. Depending on the type of business you are running, you might need space for certain equipment at your office, or you might benefit from being close to other amenities. There might be other benefits of moving to a new location that you should also consider too. Some cities offer incentives to businesses that relocate to their region with things like tax breaks and tax incentives.
If your business is experiencing these problems then you might need to consider moving the location to continue the growth of your company. Moving your business to a new location is a huge job and it can be a particularly stressful experience. Using a professional removal company will help to make the process a whole lot easier for you.
Bishop’s Move has wealth of experience when it comes to business removals and has relocated businesses all over the country, including internationally. With a heritage of over 165 years’ experience behind us, make sure you get in touch if you are looking for business removals.