If you're a business owner in New York, you know that real estate is very costly. Investing in a business move will present many steep costs. Additionally, the business disruption that accompanies relocations can be equally expensive.
By taking action ahead of time and planning your move well, you can relocate your New York business in the most effective way possible.
Relocating within New York? Here's What You Need to Know
For businesses - especially those operating in New York - there are a few extra strategic solutions that will make your move more affordable and efficient. Implement the following insights to streamline your upcoming transition:
- Prioritize efficient communication. The extent of your company's downtime will depend on how effectively your business communicates. Keep your managers and supervisors informed of everything that's happening, and designate a moving point-of-contact to handle all questions about the moving process.
- Consider the complexities of IT. The most common cause of business relocation issues is IT mismanagement. Ask your IT team to plan their move (instead of having the movers direct that process), and confirm with your team the expected duration of service interruption prior to unplugging your communication and data systems.
- Plan your move outside of business hours. If you're able to relocate during the evening or on the weekend, you'll be able to be more efficient. You won't have to share elevators with deliveries and mail services, for example, and you'll be able to minimize confusion for your employees.
- Keep your paperwork in order. New York business relocation can carry with it changes in jurisdiction, new license requirements, applications to continue your business, and other processes that could affect your corporation. In addition, New York real estate can be a dangerous game to play: when relocating, you need to do your due diligence with titles, deeds, inspections, disclosures, and more. Hiring a New York real estate attorney to oversee your transaction can save you from messy disputes later.
If you're looking for the best way to move your NY business, the Law Offices of Melvin Monachan, PLLC is here to help. Call us at (516) 714-5763 to schedule a consultation.