Relocating your business, whether to another building in the same development or to a completely different part of the country, can be a very expensive undertaking. To make sure that you do not spend more than you can afford, you need to put together a detailed budget covering every aspect of your move. The biggest cost will probably be the office interior fit out for your new premises but there are other substantial costs that need to be considered too.
There may be some costs that are particular to your situation, in which case you must remember to add them to the list below. This list covers all the main areas that need to be considered.
If you are moving to empty premises, you will almost certainly need to hire a competent office fit-out firm to design and build an interior before your staff can occupy the new workspace. The total cost will of course depend on the scope of work but will most likely include the following:
Any equipment and furniture that you propose to use in your new premises will need to be transported safely from your current location.
To ensure that existing and potential customers know where to find you, it will be necessary to update your corporate stationery and website with your new address.
There are many costs to consider when relocating your business but by using competent office fit out contractors, you can keep a close eye on most of them. Don’t forget there may also be hidden costs, such as early termination fees if you are currently occupying rented space.