Should You Move?

The decision to move offices is invariably a difficult one to reach. Whatever a company's size, the prospect of time spent in planning a move, in the search for new premises, the inevitable disruption and loss of productivity during the move itself is daunting. And it is not surprising that many companies would prefer to stay put - and concentrate on what they are in business to do.

But even though businesses are generally reluctant to move, there can be some compelling reasons to do so - and almost every company, at least once, is likely to be confronted with a major relocation. The following are just a few factors which may indicate the necessity of a move.

Expansion
Probably the most obvious and most often-cited reason: some organisations simply outgrow their existing space. Productivity and efficiency, not to mention staff morale, may all be greatly improved in newer and more spacious surroundings - which in turn allow for further growth.

Location
The preference for an alternative location may often dictate the need for a move. For instance some companies may consider it desirable to be closer to their customers, clients and/or support services. Alternatively they may wish to be nearer public transport, labour supply or even parking facilities. And, while moving to a smarter address to improve image may not be seen as a practical enough reason to justify a move, it could, in fact be perfectly legitimate.

A firm's image can have a direct impact not only on its ability to attract and retain employees but also on its overall market perception.

Consolidation
The restructuring of operations due to corporate policy - or as a result of declining business activity - may also suggest a need for new premises. In addition the consolidation ordecentralising individual functions may create the need for either smaller of larger offices. For example, bringing together several functions on one site is likely to create a need for more space in one location - and less elsewhere.

Each organisation is unique. And each will have its own reasons to justify a move. Some firms may feel that they need to be in a more modern building with larger floors and more amenities. Others may decide that the time is right to take advantage of market conditions. But regardless of individual reasons, once the decision to move has been made, an organisation is facing an extremely complex process. And it will need help.

This publication is provided as a reference to help guide relocating tenants through planning, budgeting and selection of office space. And to direct them to the appropriate professionals whose advice is essential in the prevention of costly and long term mistakes.