Changing the Location of a Business

Golden9

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Is it a good idea to change the location of a business after you are well known? It may be due to any reason, but I feel like it will help my current workplace because of the stiffness of competition in the current environment.

What could go wrong, and right by making such a decision?
 
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eldavis

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If there is no legit reasons for changing the location, i would advice you not to change. A change of location means a new beginning. Most of your customers would not be willing to follow you, hence they would look for other place, that means while you struggle to get customers in your new location, you would also be loosing a few.
 

Stardom22

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Most people do change the location for the business as a means of trying out revive a n under performing business. However most businesses never show signs of any improvements for the business.
 

Shavkat

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In my opinion, it is better not to transfer to another location. The course of action is to expand the business from one place to another. In this way, the loyal consumers will not be confused.
 

cherry123

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This is why location is one of the things to consider when you want to site a business you would need to find a suitable area, you need to change it too
 

IB D

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Unless it is for very serious reasons, it is not advisable to change the location of a business. It can deter some customers and patrons. As much as possible, if a business has gained roots in a particular location, it should try and stay there.
 

cherry123

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I believe changing location is mostly for the benefit of a business that is not doing well with a location. no need still bring on such location when there's no sales
 

IB D

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I believe changing location is mostly for the benefit of a business that is not doing well with a location. no need still bring on such location when there's no sales
This particular reason is a business strategy and it is very okay. The other one where someone's can just move a thriving business is what is not good. It can bring the business down.
 

Starmix

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For me, I will not move to another place, rather, make another branch of my business. People in the community who are used to us will worry and will wonder what happens and why transfer to another location.
 

Heatman

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If your current business location is not helping your business sell very well, it is very important for you to change location and try as much as you can to inform the general public of your new location.
Is it a good idea to change the location of a business after you are well known? It may be due to any reason, but I feel like it will help my current workplace because of the stiffness of competition in the current environment.

What could go wrong, and right by making such a decision?
 

Magnus2022

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I need to change the location of my business because the environment is lonely and there is no sells. I am try to raise money to relocate to another environment. Location of a business plays a critical role in determining how successful the business will be. I learn through bitter experience.
 

cherry123

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changing location is good for a business especially it will benefit a business that is not doing okay. it will good to change location and see if it helps the business
 

Niyi Briggs

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It is very sensitive to change the location of a business that people have known. Don't just move to another place. Start telling your customers about the relocation about one year before you move.
 

Springtime

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I wouldn't advise a retail shop to change location unless there is a much better option out there where you can get more customers. In any case, you should inform your existing customers about your relocation well in advance, and the address of your new location.
 

Bisolami

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This may affect the business because it may take time for the customers to get used to the new location
Is it a good idea to change the location of a business after you are well known? It may be due to any reason, but I feel like it will help my current workplace because of the stiffness of competition in the current environment.

What could go wrong, and right by making such a decision?
 

IB D

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The only reason why you should change the location of a business is if it is not doing well in that particular location. My boss has a land but he is still on a rented property because that's where the business has roots.
 

Heatman

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It is better to change the location of a business if you noticed that you aren't making profit where you are.

This is why it is very important for you to make research very well about your business location before you even set up the business in that particular location. This is because it is going to save you a lot of expenses and resources from relocating to another location.
 

SHAHID987

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Changing of location of the business sometimes causes much more problem for a particular business because the people are knowing very well the exact location of the business, and once you will changed it then people will feel difficulty to reach at your business and so they will start purchasing from some other places.
 
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