Moving a business is a huge feat, not only logistically, but also financially. The reason many businesses decide to relocate is for long term cost savings, but that doesn’t mean that there aren’t a number of immediate costs that must be taken care of to simply make the move possible. Be prepared for everything and plan well for all Orange County business relocation expenses.
Orange County Office Space and Leases
Terminating one lease and beginning another is never very simple. Be sure to consider everything, including down payments and closing costs for a purchase, lease termination or origination fees, and even furnishings and customization for your new space. Some fees that are often overlooked that you will likely have to pay are broker fees, cleaning costs, and other deposits for space and equipment. It is difficult to gather all of this information before the time comes to pay up. Don’t get put in a panic when a bill arrives the day after your move that you had no idea was coming.
Suppliers and Utilities
Each and every one of your vendors, suppliers, and service providers will need to be informed of your move. As with most things in this world, moving or terminating any of these services will likely cost you. Make sure you chat with your providers at least three or more months ahead of time to begin planning the move. Just a few of the services you will need to either transfer or find a local provider for are: internet, phone, equipment leases, cleaning services, security, parking, gas, electrical, janitorial, city services, and parking.
PR and Marketing Materials
You may think you have all of the logistics considered, but what about the PR and marketing materials that will need to be updated? You will want to begin announcing your move (especially if you see clients/customers at your location frequently) a year to six months in advance. If you don’t want to lose any business over the move, this will not only require multiple announcements, but extra time spent with local clients you want to keep after the move. In addition, you will need to think of every place that your address is listed and update it. This includes websites, listings online or in phone books, business cards, stationary, advertisements, partner websites, and more.
And That’s Just the Beginning
There are a few dozen expenses that still do not fit under these three big categories – such as moving insurance, moving companies, lost productivity, new office set up, IT expenses, and more. Are you beginning to feel like it might be nearly impossible to plan ahead for all possible Orange County business relocation expenses? Well, we have good news for you. There are relocation experts who do this for a living, for every type of business from research laboratories to corporate offices. They know every possible Orange County relocation expense and can budget and plan your move for you. Get in contact with an expert today.