You have worked many countless hours to build your business. It has grown because you have provided great customer service, a quality product and a reasonable price, but it is starting to get really frustrating to keep up with the competition in your current location. Here are five signs that you may need to think about moving your business.
Need to Hire New Employees
You may have started out doing everything by yourself or with one or two trusted compadres, but it is getting much harder for you to keep up with the current work demand. Moving locations allows you to expand your business so that you can hire new employees. If you work in an office environment, then you need about 175 square feet of workspace for each new employee you plan to hire. Keep in mind that your business is likely to continue to grow, so you need room to grow before you have to move your business again.
When you started your business, you may never have thought about where you would hold a private conversation because you may have been the only one there. Now, you need a place where you can meet privately with employees to discuss personnel matters. You may also need a place to hold private meetings with clients who are uncomfortable discussing their business needs in front of others.
You may find that you and many of your employees are finding it hard to stay on task because they have so many distractions around them. Likewise, it may be difficult for your customers to come in and get what they need because you lack the space to stay organized. Using a company like Kloke Group Moving & Storage to move your company to a new location may save you money because customers can find what they need increasing the total of their sales. You may discover that your employees are more productive when they have room to stay on task.
Choose a Better Neighborhood
People who start businesses are often forced to buy or rent the cheapest property that they can find. As the business grows, then the company can afford to move to a better neighborhood where customers are likely to find it more convenient to use the business. Moving can be a great way to grow your business base.
Eliminate Financial Pressures
Many times businesses who are ready to expand can find sweet deals with city or states who are looking for new businesses to move into them. The United States Small Business Administration may also have loans to help businesses relocate. Often times, relocating your business means you can move your business cheaper than trying to stay in your current location.
These are just five of the many reasons that it may make sense for you to move your business to a new location as you have done a great job of expanding it. You should be proud of the hard work that you have put in to get to this place as the future looks very bright.