Changing the Location of a Business

[astutimeliana723]

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?

There's nothing wrong with changing your business location, if your current business location still doesn't support business progress. Move to a more strategic one. For businesses that are well known and trusted, wherever they move, customers will follow and be loyal.

 

[jetsaints30]

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.

I agree moving a retail shop can be a huge risk so its important to weigh all the options carefully and keeping your loyal customers in the loop is always a good move.

 

[Bisolami]

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.

Some people also change the location of their business when they realize that they have too many competitors

 

[Fidelia]

It is always very difficult to change the location of a business if it is already thriving in that location.

 

[Stardom22]

The location for the business is a very determinant factor in the sustainability for the business growth.

 

[King Belieal]

This is one thing that actually scares me. I just wish that I don't have to change the location of my business anytime soon because it can bring the business down.

 

[cherry123]

Location of a business matters a lot . if it is not working for you in a location you would need to change to a better location

 

[Kosi G]

Before the location of a business is changed, there should be at least six months notice to customers and clients.

 

[Kera]

Sometimes, businesses have to move for several reasons but it should be properly weighed and managed properly among the customers.

 

[nomad]

Why do you need to change location, cannot you just open another branch in a new place?