Helpful Tips for Relocating Your Business
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1) If you’re relocating, determine your reasons for doing so. Is space an issue? Is traffic or lack-of a problem? Have you outgrown your existing space?
2) Make a list of what you’re looking for by answering these questions. What are your qualifications for an ideal location? How much space do you, in fact, need to carry out your business’s day-to-day operations?
3) Research how much you’re willing to spend on relocating and how much you can actually afford to spend.
4) Ask yourself, does a new location make sense? If so, where? How far are you willing to move your business? Will a move allow you to continue to keep your existing client base? If clients leave, is the potential reward of gaining clients/customers worth the risk of losing some too?
5) Begin researching areas of town you’re interested in possibly relocating to. Take note of things you like about these areas.
6) Ask around to find out how much properties may be worth. If you’re thinking of leasing space in a retail plaza, find out what the rates are from existing tenants, even if there are no vacancies so you can get a rough idea of what you may be spending.
7) Once you have an idea of what you may be spending , what your needs are, and what you’re able to afford, contact a local commercial realtor who specifically specializes in commercial real estate.
8) Notify your commercial real estate agent or broker of your needs and desires regarding a location, which should be on your list that you created earlier.
9) Notifying your commercial realtor about areas of town you’re looking into, as well as where your boundaries are. It’s important to know how far you’re willing to relocate. This will depend on gauging how far your existing customers are willing to move with you. You may have to ask some of your trusted customers, quietly, if appropriate. If you’re unsure about doing this, you can always conduct a general customer survey and ask customers what makes your location most attractive to visit, as well as least attractive? Include “Location” as options for both.
10) Discuss with your real estate agent/broker whether you’re interested in leasing space in a retail plaza, or if you’d like to purchase property. This will narrow down your options as well, but having a focused search will save you time and effort. It can also help you find your location quicker, which means you’ll be in your new space quicker.
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Author Resource:-
Are you looking for a St Petersburg Commercial Real Estate Broker? Gulf Coast Commercial offers
Tampa Commercial Property Management and helps clients find Tampa Retail Space. Contact Gulf Coast at (727)823-1605 to learn more.
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By :
Digital Eel
Submitted
2012-01-27 23:09:43 |
Article From Article Mayhem
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