Home Archives November 2006 Company relocation: Early planning can smooth your worries

Company relocation: Early planning can smooth your worries

| Print |  Email
Wednesday, November 01, 2006

Access to a better labor pool, lower property costs, bigger facilities and the hope of reaching new markets all can factor into the decision to relocate a business. But without planning, relocation can be a major headache, not to mention a cost drain. Since the smartest time to move is in the summer when seasonal factors are most agreeable, now is when businesses should start planning.  Here a some things to keep in mind:

Location: Figure out how far your current employees and clients will be willing to travel to get to your new place of business. Additional costs can quickly cut into a budget if you have to hire and train new employees. New market research and advertising also can quickly add up. And don’t overlook the possible hidden costs such as increased annual maintenance fees and local taxes.

Avoid downtime: Delegating tasks will even out the workload and make sure all employees still have enough time and energy to devote to their regular jobs. During the move, keep production flowing by having employees pitch in and help move each department quickly. Involving employees and getting their input will help smooth the move since the staff in each department is familiar with their individual needs.

Organize: A new location means a fresh start. Use the relocation to get rid of all unnecessary materials and paperwork. That will mean fewer boxes to move and allow for a more orderly and productive office once everyone is settled in.

Get help: Hiring experts in real estate, architecture and corporate services can help you and your employees concentrate on your end of the move. The Oregon Economic and Community Development Department can help with cost information and offer connections to local politicians, community leaders, business owners, commercial real estate and moving companies. Go to www.oregon4biz.com.

— Julie Taylor


Have an opinion? E-mail This e-mail address is being protected from spambots. You need JavaScript enabled to view it

 

More Articles

Shuffling the Deck

November/December 2014
Wednesday, October 22, 2014
BY JON BELL

Oregon tribes still bet on casinos.


Read more...

Downtime

November/December 2014
Wednesday, October 22, 2014
BY JESSICA RIDGWAY

Bob Dethlefs, CEO of Evanta, balances work and play.


Read more...

College Conundrum

October 2014
Thursday, September 25, 2014
BY KIM MOORE

University and college tuition fees have been rising for more than a decade, while state funds for higher education have steadily declined.


Read more...

The clean fuels opportunity

News
Monday, November 10, 2014
111014-dirtyfuel-thumbBY KIM MOORE | OB RESEARCH EDITOR

A market for low-carbon transportation fuels has a chance to flourish in Oregon if regulators adopt the second phase of the state’s Clean Fuels Program.


Read more...

The Bookseller

November/December 2014
Wednesday, October 22, 2014
BY AMY MILSHTEIN

Everyone knows college is expensive, but a look at the numbers brings that into sharp — and painful — focus.


Read more...

The Backstory

October 2014
Thursday, September 25, 2014

In our cover story this month, Wendy Collie, CEO of New Seasons Market, and Kim Malek, owner of Salt & Straw, discuss their rapidly growing businesses and Portland’s red hot food scene. The conversation provides an interesting lens through which to explore trends in the grocery store and restaurant sectors.


Read more...

The short list: 5 hot coffee shops for entrepreneurs

Contributed Blogs
Friday, November 14, 2014

CupojoeBY JESSICA RIDGWAY

Oregon entrepreneurs reveal their favorite caffeine hangouts.


Read more...
Oregon Business magazinetitle-sponsored-links-02
SPONSORED LINKS