Your office, its look and its location say a lot about your brand, which is why choosing to make a move is such a big decision. Explore why businesses move, the benefits of a new space and how to choose the location that’s right for you in this infographic. We also discuss determining whether to rent or to buy and ways to avoid common pitfalls.

1. POLICE
OPENING soon
Office moving
Is an office relocation in your future?
THINKING OF A MAKING A MOVE?
ASK THESE QUESTIONS TO
GET STARTED
What must
we have?
What would
be nice to
have?
What is not
necessary?
How much
will it cost?
WILL YOUR ORGANIZATION GET A NEW ADDRESS?
WHY SOME BUSINESSES PACK
UP AND LEAVE
Improve quality of life
· Recreational
opportunities
· Education
· Crime rates
· Healthcare
· Weather
Find labor
· Discover talent
· Create space for
additional
team members
Enter new markets
· Expand geographic
location
· New city, new
perspective
Increase cash flow
· Move to a
less expensive
location
Learn more about why
businesses choose to move.
LOAD UP THE MOVING VAN
TO UNLOAD THESE BENEFITS
Show clients and
would-be hires your
company is:
· Successful
· Determined
· Energized
Experiment with
your new space:
· Open working
spaces
· Acoustic rooms
· Hot-desking areas
Reflect brand and
company culture:
· Show your team
(and clients) the love
· Inspire employees
Improve your
bottom line with
the potential for:
· Tax breaks
· Incentives
Find out more about what an
office relocation can do for you.
LOCATION, LOCATION, LOCATION
HOW TO CHOOSE THE RIGHT
OFFICE SPACE
Determine your needs
· Brand image
Does the space mirror your
company’s style?
· Exposure and accessibility
Is the location easily accessible?
· Competition
What other businesses
are nearby?
· Demographics
Do customers and potential
employees live nearby?
· Future growth potential
Is there room to grow?
· Safety
Will customers and vendors
feel safe coming and going?
· Building infrastructure
Can the building handle your
company’s electrical, climate
and IT demands?
· Utilities and other costs
How much will utilities,
cleaning services, insurance
and parking cost?
· Zoning
What are zoning regulations?
1
· Be aware of hidden costs
- Renovations - IT upgrades
- Decorating - Business
interruption
· Determine your
tax responsibility
- Income - Sales
- Property
· Find out the minimum wage
· Determine if your business
qualifies for economic
incentives
2 Evaluate your finances
Learn more about
choosing the right
home for your brand.
Reasons to buy:
You’d be a better landlord
than your current one
You can better control
expenses
You will be able to improve
your ROI
You change locations often
Increasing rents, common
area maintenance costs and
moving expenses may be
better invested in a place of
your own
Your company is hard
to move
You have fixtures and
equipment that are difficult
to relocate
You’re tired of paying rent
Buying a place of your own
is an investment
Reasons to rent:
You have big changes in
your future
· Relocation
· Expansion
· Downsize
You’re already in a central
business district
You can call the landlord if
something breaks
You enjoy the benefits of a
full service lease
· Maintenance
· Cleaning
· Snow removal and
yard care
You want to put equity back
into your business
· Capital investment
· Working on your company
TO RENT OR BUY?
THAT IS THE QUESTION
Get more on renting
versus buying.
Cut corners
on cost
Fail to use
available economic
development services
Miss important
environmental or
regulatory concerns
Don’t plan for
future expansion
Implement off-brand design
elements that are gimmicky
and distracting
FRAGILE!
TAKE CAUTION TO AVOID THESE
COMMON MOVING PITFALLS
Explore more
moving pitfalls here.
Take care when searching for
your new work space to find the
perfect home for your brand.
You may reproduce and distribute this infographic in its entirety. You may not create derivative works.
(Licensed under the Creative Commons: http://creativecommons.org/licenses/by-nd/3.0/)
Sources:
1. “10 Things to Consider When Choosing a Location for Your Business.” Entrepreneur. Entrepreneur Media, Inc., 20 May 2015. Web. 26 Apr. 2016. <https://www.entrepreneur.com/article/244866>.
2. Creed, David. “Should You Buy or Lease Space For Your Business?” Business News Daily. Purch, 2 May 2013. Web. 26 Apr. 2016.
<http://www.businessnewsdaily.com/4424-buy-lease-office-space-business.html>.
3. Henrick, Mark. “How to Relocate Your Business.” Entrepreneur. Entrepreneur Media, Inc., n.d. Web. 19 Apr. 2016. <https://www.entrepreneur.com/article/81406>.
4. “Movin' On Up: Why Relocating Offices Doesn't Have to Suck.” Business.com. Business.com, 10 Apr. 2015. Web. 19 Apr. 2016.
<http://www.business.com/administrative/office-relocation-positives-to-moving-your-business/>.
5. Parsons, Lee. “Feng Shui & Fuzzy Feelings: Creating Company Culture Through Office Design.” Business.com. Business.com Media, Inc., 6 Feb. 2015. Web. 25 Apr. 2016.
<http://www.business.com/company-culture/how-to-create-a-sense-of-company-culture-through-office-design/>.
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