Financial Considerations when Moving Office
If your company is contemplating an office relocation, you will have to consider whether you can financially afford it, and what you should allocate in your Office Move Budget. This article outlines some of the financial considerations common to almost every office move and gives you the easy-to-use tools to help you set and manage your own Office Move Budget.
New Office Space
Whether you are downsizing or expanding, you will need to ensure you utilize the office space as effectively as possible. This can be achieved by selecting an office space that best matches your size requirements. Find out how much office space you are going to need with the Office Space Calculator.
Retrofit
When you move out of your existing premises, depending on the type of lease you signed originally, you may well have to pay for repairs and return it to the original state/layout before you move office.
Professional Fees
The cost of hiring a Real Estate Lawyer and the services of your Office Moving Company will need to be included in your Office Move Budget. Get Moving Company Estimates by completing this form.
New Office Build Out
It's unlikely that your newly found office space will be configured, with all the electrics and IT infrastructure in the right place. You will need to consider the cost of electrics, new phone and broadband lines, meeting room set up, partitions and new office furniture.
Post Office Move
Consider marketing costs such as new office signage, letterheads, printing of new business cards and Change of Address Notifications.
To start implemeting your Office Move Budget, download the Moving Office Budget Planner which identifies all the costs associated with moving office so you can quickly work out the total cost of your office move.
Planning an office move? Go the office relocation planning resource center
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With over 15 guides, checklists, tools & calculators the Resource Center has everything you need to plan, organize & manage a successful office move.
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