Moving Your Business from One Place to Another

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If you’re operating a business on a brick and mortar basis, you’re going to have to put a whole lot of focus on making sure your business can grow and expand. Increasing competition from the realm of Ecommerce means that you’re going to have to be increasingly savvy with your decision making and sometimes that means having to shift your company from one place to another more lucrative spot that holds more potential for increased sales. This, of course, can be a difficult process. But here are a few areas you might want to focus on, as well as some tips and tricks to make it easier and a greater success!

Consider Location

Location is often the main reason for people moving their small business. When you first start out your journey, you probably have a limited budget and consequently are likely to have your business in a low cost spot that potentially has limited footfall. But by now, you should be well aware that footfall can have a huge impact on your profits. A higher passing footfall means giving your brand greater exposure to the public. The more people who pass by generally means there will be more people passing through your doors, purchasing goods, and generating profit.

Consider Size

Another reason you might be considering a move is because your business is expanding, you’re taking on more staff, and you’re going to need more room to house everyone. Always consider getting somewhere slightly bigger than you need. Your small five-person size property simply isn’t going to cut it after a few months or years. Give yourself room to expand even further, as this will reduce the number of times you have to move.

Making Moving Simple

Have a Cross Over Period 

It’s sensible to have a cross over period for the move. You don’t want to have to move the entire store or office in a single day. Reduce pressure by having a week or even a month when you have your current commercial property, as well as access to your new one. This will allow you to take a gradual and phased approach.

Hire a Van

So many small business owners think they can move their entire business in their own car. But there’s often furniture and pieces of equipment that would have to be stacked in a car in a dangerous way to get it from A to B. So, use van hire that will give you a vehicle big enough for the job.

Consider Employees

Before moving your company, consider how this will impact employees. Some will already be commuting a long distance to get to work and may not be able to travel any further if you happen to move further away from their home. Weigh up the pros and cons of recruitment and decide whether you’d rather maintain the employees you have.

These are just a few areas you should take into consideration when it comes to moving your small business. Take them seriously and everything should go pretty smoothly!

Retail Isn’t the Only Option When It Comes to Starting Your Own Small Business!

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More and more people nowadays are turning their minds towards setting up a small business of their own. This isn’t all too surprising. After all, employment may well be comfortable, but who really wants to build someone else’s dreams rather than their own? Running a small business gives you more control over what you do, what route your career path takes, and who you have to answer to on a daily basis. Now, when it comes to starting up a small business, the majority of people will head into retail. The retail market allows you to design products, manufacture them, and sell them to the consumer market. It’s easier to enter this field than ever – you can set up a website in minutes and enter the realm of Ecommerce on a low budget and low commitment basis. But this isn’t your only choice. There are other options out there. Here are just a few to consider!

Selling Services

Rather than selling products, why not consider selling services? We invest in more services than you’d initially think, so whatever you come up with, there’s more than likely a market out there for it. Selling services can also have a higher profit margin, as you aren’t having to invest in products and manufacturing. Instead, you can become trained up in a particular area, or train staff in a particular area, and then they can use the same equipment time and time again to carry out work or tasks for clients and customers, meaning you have to fork out less on expenses and can rake in more as pure profit.

Setting Up a Venue

Increasing numbers of people seem to be looking to spend their money on experiences and socializing than products. Nightlife is on the rise. So, why not open a venue? Sure, you will be selling products and services here. You will be selling drinks and you could be putting on DJs or live acts to keep the atmosphere buzzing. But altogether, this can help to create a great experience for everyone who walks through your business’ doors. You will have to invest when setting up. From architectural installments like stages to tech installments like sound systems, lighting installments like an led strip light kit, and small details like bar mats and coaster – things are likely to mount up. But once you’re set up and ready to go, you could earn some seriously good money.

Food and Drink

Speaking of experiences, let’s talk about dining away from home. People love the ease and convenience of getting great food that they don’t have to cook and where they don’t have to worry about washing up afterwards. So, why not set up a restaurant or cafe of sorts? Remember that you will need to get relevant serving licenses and food and hygiene certificates – this is extremely important.

As you can see, retail isn’t your only option. There’s a whole lot of potential out there! It’s just up to you to find the right field to best suit your needs and preferences.