How to Manage a Company Relocation

Moving can be a stressful experience for any individual. With so many things to keep track of and prepare for, it can all be a bit overwhelming. However, a person or family that is moving should consider themselves lucky they don’t have to deal with a company relocation. All of the stress and worry that’s part of a normal move is increased tenfold for a company relocation. While the prospect of corporate relocation can seem daunting, the one thing it requires more than anything else is good management. Here are some tips for dealing with, and managing, a company relocation project.

If your business happens to be a pharmacy or insurance company, you may find yourself moving more often, as statistics show that these types of companies make the most corporate moves in the United States. And as with any type of move, being organized and planning ahead is paramount. Making plans ahead of time and organizing the entire process will help ease the stress of the moving process. This means planning for any company downtime, even if you aren’t expecting any, contacting vendors and clients to let them know about your move, and starting as soon as possible. It’s never too early to start planning for your company relocation, and the first step in creating a solid relocation checklist or relocation guide is to assemble a company relocation project team.

Your company relocation team should include people who will assist with all aspects of the move. If you want to have a smooth move with a successful outcome, it will need to be a collaborative effort. Your company relocation team should have a leader appointed that will be in a position to oversee the entire relocation process. This leader should have effective communication skills, have the trust of senior management, and have the authority to act on behalf of the company.

When deciding to move your company, you will want to engage the right relocation services and professionals. The whole moving process can be complex, stressful, and time-consuming, and the right company relocation services will be able to help you every step of the way. They will guide you through the process, save you money, and prevent you from making any critical mistakes during your company relocation.

If your company relocation also involves employee relocation, there are a few other considerations as well. Employee relocation is generally handled by human resources and involves outsourcing the process to different service providers. A relocation package can provide an employee with the money to cover his/her expenses, and can also consolidate moving expenses for the entire company, making the process more manageable.

You will also want to ensure that your employees are properly educated and informed on the entire moving process. Make sure that your employees understand your relocation policy and give them a timeline for when important milestones should be completed. You should also offer tips and support to your employees who are being relocated. You might even be able to ease the transition a bit for some employees by making them aware that a third of all renters in the United States move every year. Read more here.