The average commercial lease in the UK is now 7.2 years, so as the end of that lease approaches, it makes sense to re-evaluate your needs before making another long-term commitment.
A lot can change in seven years, and while it can be a sad moment when you have built a business in an area but the space no longer fits your needs, it can also be a time to look for new opportunities and areas for expansion. With that said, it is a big decision to make, and so help you we’ve outlined some indicators that could signal that it is time to make the move onwards…
The office doesn’t fulfil your business needs anymore
To further scale your business and grow further, you will need more capital to do this. Whether this is equipment or people, if your office is holding back this progress, it could be costing you money and opportunities. It could also be that there is a lack of facilities now for your team (a common one is that there aren’t enough parking spaces for guests and staff).
You need to consolidate
Unfortunately, the reason that some businesses need to move is not always because of positive reasons. Perhaps you have had some big losses in staff or clients and are no longer able to produce the money needed, in which case it may make sense to either downsize or to move to a cheaper location.
You’re in need of a fresh location
With your lease coming to an end soon, this is the ideal time to make the decision whether to move locally or not. Is the new offer for the office good enough? Or are there better spaces out there in your area? When answering these questions, it is important to look to the future and assess where your business has the potential to be a year down the line. In this digital world, it is important to take into account the location not only to make it easy for staff and visitors to find, but to make the right impression, as people often search for a building on Google Maps, on which there is often an accompanying image.
If you would like any further advice on how to move your business, then get in touch with one of our representatives today. At KEJ Removals, we have many years of experience helping small start-ups, medium-sized enterprises and large established businesses move locations. We can help with tricky logistics and large furniture requirements to make your move as smooth as possible, and minimise the disruption to your business.
To find out more, click here to contact us today.