Moving to another location to improve the business

Samuel72

Verified member
Moving location should be done only when there's too much competition. In this case a survey should have been done on the site before moving in and doing a renovation. If this company had done a survey on that location they would have found out about the strictness of the guards. This serves as a lesson for us all.
 

Alexandoy

VIP Contributor
Location plays an important role in business. I have seen a lot of people shifting their business to another location in order to improve sales. This works for the businesses that are selling directly to the customers, for example, restaurants, clothing stores, grocery etc. Your business should be located in the area where your customers are concentrated.
Ironically in our country I have noticed that businesses are going to the suburbs (where I live) from the city to save on the rent. They say that rent in the city keeps on increasing every year. Many restaurants in the business district were closing even before the pandemic due to the high cost of rent. In the suburbs the rent is less than half of the rent in the city.
 

Mika

VIP Contributor
Location plays an important role in business. I have seen a lot of people shifting their business to another location in order to improve sales. This works for the businesses that are selling directly to the customers, for example, restaurants, clothing stores, grocery etc. Your business should be located in the area where your customers are concentrated.
 

Sotherefore

VIP Contributor
Environment play a very important role in the business of an individual,i can't advise you of to get move your business to a New location,if it is possible try and open another of your business brand in the new location, this might be the best way as i know.dont move out directly like that.
 

Alexandoy

VIP Contributor
May I just add this information that I gathered from our neighbor who owns the property. The tenant left for reasons of not having business but not exactly that because I'm sure there are ways of getting customers. The tenant said that the house is spooked so it is like a bad luck to be an office that scares people. I don't know if that is true but the tenant was there for 6 months.
 

Sotherefore

VIP Contributor
instead of moving directly with your business to a new location it is always advisable for you to go to your required location and set up another business branch ,with this your business will grow much higher than for you to go to a strange location to start up a new business which might be stressful.
 

Mellorando

Banned
This is only proper if you are not making enough sales as possible to pay either your shop rent or increase the quantity of products in your shop if any of these is the reason of moving to another area then it is ok the purpose of a business is to make profit and where profit is not gotten it is advised to change location
 

Sotherefore

VIP Contributor
Sometimes we always think environment is the reason why we are not making sale and it may not be so. We should try to employ all necessary methods that we can use first before we decide we want to move to other location. The reason is that it is not always easy to move to new location and start making wave there.
yes an environment play an important role in the success of any business but if you're thinking of going into any type of business you should analyse the environment and find out that it is suitable before you start the business,it is not advisable for you after starting the business you are looking for another environment to move out to.
 

btaliat

VIP Contributor
Sometimes we always think environment is the reason why we are not making sale and it may not be so. We should try to employ all necessary methods that we can use first before we decide we want to move to other location. The reason is that it is not always easy to move to new location and start making wave there.
 

Ekuvero

Active member
The location when doing business do matters a lot cause a business location is a key factors in running in a business. For instance running a POS shop in a rural location where there is no bank and the residents do make financial transactions on a daily basis you would likely harness enough profits in that location likewise running an IT business in a rural location when the major demands of IT products are in Urban areas you won't be able to raise profits from such business so it all depends on the products demand in a location
 

Alexandoy

VIP Contributor
A neighbor rented half of their home to a construction company. The house was renovated to give it a semblance of an office. The manager said that they moved to our village for the quiet location for the convenience of their customers. After paying the 6 months advanced rental and spending for the renovation, it was business as usual until they realized that they have no business at all. The customers wouldn’t come to our village because the guards at the gate are very strict to get the driver’s license. After 6 months the company moved to another place due to bad business. They lost big money because of the costs and the lack of business for 6 months.

When moving to another location for the improvement of business you have to check every details that are connected to the location. First is the flooding and the friendly environment. Next is the ample parking and also the traffic. Our town is very notorious with the heavy traffic in the main road so it is a minus factor. Lastly, make a survey of y our clients or customers on their take to the intended location that you plan to move to.
 

Sotherefore

VIP Contributor
there is nothing wrong for you to travel to another destination or location to start up a business but there is a lot of things wrong if you are leaving your previous business location to setup the business in another location because this can affect your business negatively and you will lose a lot of customers.
 

Chibson

VIP Contributor
Whenever people feel that the location of the business is hindering their success it is very important to relocate and look for a place that has their business growth.location is very important in business in the sense that there are some places that are good for some businesses and there are other places that are not good for some businesses.
 

PICKFORD

Verified member
Moving to another location to improve is not really nice idea because if you had customer in previous place you were doing your business. You will find it hard to get customer in this new place you are now. most especially in places were competition is high.
 

Sotherefore

VIP Contributor
There's nothing wrong with moving to another location to start up a business,but it is always important for you to set up your business in a location that after setting up you don't have to move to a new location because this will affect the productivity of your business.
 

Daykas

Active member
A neighbor rented half of their home to a construction company. The house was renovated to give it a semblance of an office. The manager said that they moved to our village for the quiet location for the convenience of their customers. After paying the 6 months advanced rental and spending for the renovation, it was business as usual until they realized that they have no business at all. The customers wouldn’t come to our village because the guards at the gate are very strict to get the driver’s license. After 6 months the company moved to another place due to bad business. They lost big money because of the costs and the lack of business for 6 months.

When moving to another location for the improvement of business you have to check every details that are connected to the location. First is the flooding and the friendly environment. Next is the ample parking and also the traffic. Our town is very notorious with the heavy traffic in the main road so it is a minus factor. Lastly, make a survey of y our clients or customers on their take to the intended location that you plan to move to.
? That a bad thing.
But the fact is that the company didn't do proper finding before moving to your village.
Because has a business minded person and someone who want his/her business to thrive in any place opts to do proper finding first.
He/she have to think of whom to buy and the circumstances that can make them not to buy.
Business doesn't require changing location sometimes but requires change of strategies
 

Briangsam

Active member
There are many reasons why you have to move your business location. But it has to be well-thought of. You can move because of increased space needs and wanting an area with higher foot traffic. But you have to create a business plan before opening a new location. This gives you the opportunity to review your financials and generate a market analysis.
 

Sotherefore

VIP Contributor
Although this is a nice idea but it will have a lot of set back in your business because establishing a business in a new location will need a lot of time before the business can start making a reasonable amount of profit and in this case we should always try as much as possible to get the best location before setting up a business to avoid moving out because of lack of sell.
 

Mataracy

VIP Contributor
A neighbor rented half of their home to a construction company. The house was renovated to give it a semblance of an office. The manager said that they moved to our village for the quiet location for the convenience of their customers. After paying the 6 months advanced rental and spending for the renovation, it was business as usual until they realized that they have no business at all. The customers wouldn’t come to our village because the guards at the gate are very strict to get the driver’s license. After 6 months the company moved to another place due to bad business. They lost big money because of the costs and the lack of business for 6 months.

When moving to another location for the improvement of business you have to check every details that are connected to the location. First is the flooding and the friendly environment. Next is the ample parking and also the traffic. Our town is very notorious with the heavy traffic in the main road so it is a minus factor. Lastly, make a survey of y our clients or customers on their take to the intended location that you plan to move to.
Hmmm.... this is too bad. Before one can move his/her business in to another location many things has to be put in to consideration and the customer should be first things you considered because without them you are not inexistent as a businessman.
So therefore when you want to do such a thing you need a consultant if you Dont know how to go about it so that one will not run at loss at the end of the day.
 
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