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Managing Your Business
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What should you consider when relocating your business?
What's In: What should you consider when relocating your business?
Assessing your needs
Assess potential relocation areas
Relocation tips
Where to get information
Case studies

AID : 759
UID : 667026
TID : 4


 What should you consider when relocating your business?
Relocating a business can be a complex task.Whatever the individual circumstances, making a decision to relocate your business must be done with foresight and planning. There are various reasons that can contribute to a small business owner's decision to relocate his/her business. Here we look at what to consider.

What's in this Article?

Does your business premises need to be where they are now? Is your client-base shifting? Have rents increased beyond your means or are new markets  ...more

Assessing your needs
Deciding to relocate is a decision that has to be made with specific regard to the future of the business. It needs precise planning and research,  ...more

Assess potential relocation areas
When looking at particular areas consider the following: Favourable signs: -The opening of new shopping areas -Branches of large commercial and  ...more

Relocation tips
The following are tips to consider when thinking about relocating your business: -Ask your customers/clients whether or not they would be willing to  ...more

Where to get information
It is also important to make use of all the agencies and associations which can provide helpful information regarding demographics and economic  ...more

Case studies
Julie, operated a women's retail clothing store in a medium-sized mall in the centre of town, and her sales benefited from mall traffic. However,  ...more

>> Read the full Article <<

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