There are a lot of reasons why you might want to move your entire business from one state to another. Tapping a better labor market, chasing substantial tax incentives, and getting closer to your specific target market are just some of the best reasons to make an interstate business move.
Moving from one rental apartment from another is highly stressful and nerve-wracking, so you can imagine that moving a business is even more difficult. The first thing you have to accept is that it won’t be an overnight move, especially if you are moving a ton of business equipment with you.
Here is a list of things you need to accomplish to make your move less cumbersome.
Find a Good Place to Move to
As mentioned earlier, there are many reasons you might be planning an interstate business move. The first thing you have to do is make sure that your relocation site lines up well with your goals. Moving an entire business is not cheap, and you really don’t want to do it more than once if you can avoid it.
More specifically, you have to make sure that your actual office is in a good part of town. Make sure it’s accessible for workers, clients, and everyone who might be visiting you regularly.
Check Your Finances
Before thinking about moving, you need to figure out if you can afford it. Are you moving to reduce your rent? Then blowing your entire bottom line on the actual move might defeat the purpose.
You have to contract moving professionals, buy new equipment, sign new leases, and of course, furnish your new workplace. Anticipate your expenses carefully and prepare more money than you think you will need for anything that may come up last minute.
Know the Legalities of Moving a Company
If you’re running a sole proprietorship, moving your company shouldn’t be that much different from moving your residence across state lines. However, moving an LLC is a lot more complex. First, you have to decide whether you want to close your LLC in the former state prior to the move, or if you want to continue your registration in your old state despite moving your physical office elsewhere.
Know exactly what you want to accomplish and plan your interstate business move depending on your decision.
Say Goodbye To The Mess
Moving across states always provides a golden opportunity to downsize your office only to the supplies and equipment that you actually need for business. In addition, it’s a great opportunity to go through the office and do a little junk removal to clean things out. Leave behind everything that no longer serves a valuable purpose in your operations. Either return it (if rented), donate it, or just dispose of it so you no longer have to carry around unnecessary baggage.
This way, you can also choose the best kind of semi-truck you will be getting for the move.
Figure Out How You’re Actually Going To Move
Speaking of trucks, it’s best to contact a moving professional as soon as you’re sure about the move. Not all rental companies will allow you to bring their vehicles across states and on off-road routes, so you might want to consider dealing with companies like Flex Fleet rentals which have flexible terms that can help ease the stress of your relocation.
Settle Down
Once all your equipment, supplies, and employees have relocated, make it a point to slow down a little bit instead of jumping headfirst into work mode. Moving is difficult and stressful, so if people in your company moved with you, reward them with a few days off work and maybe even a teambuilding activity in your new ‘hometown.’
Exciting times must be ahead for your enterprise if you’re thinking about a full-blown move to another state. With these tips on how to make your relocation much less difficult, we wish the best for your next endeavors, wherever you might be moving.
We hope you found this blog post on Here’s How to Move Your Entire Company to Another State useful. Be sure to check out our post on How to Retain Top Talent After Moving Your Business Out of State for more great tips!
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