- Good reasons to move a business include needing more space and wanting an area with higher foot traffic.
- Before you move, research locations and create a business plan to review your financials and generate a market analysis.
- Inform employees of updated schedules and responsibilities during the move, and don’t forget to keep clients in the loop.
- This article is for small business owners considering moving to a new location.
Choosing a business location is one of the most important aspects of starting a business, but it isn’t necessarily your company’s permanent home. Much like moving to a new home, sometimes you know it’s time to move your small business to greener pastures. But whether you’re moving to a better sales location, somewhere less expensive, or a larger space, relocating is a massive endeavor that takes careful planning.