Should Your Office Move to Brooklyn?
Has your office or place of business been stagnant or lacking in customers lately? Has rent been steadily increasing where your office is currently located? If the answer to either question is yes, then it may be time to consider a relocation in New York City. One of the best places to open up a new shop or move an office to is Brooklyn. If you have been on the fence about a corporate relocation to Brooklyn, then here are a couple benefits you may not have considered yet:
- Brooklyn is known for being less expensive to live and shop in compared to Manhattan. The same is true for businesses. With a move to Brooklyn, you may be spending less in rent, which will save you a significant amount of profits in no time.
- Brooklyn has been an up and coming location for many years now. It attracts families, young adults, and startup companies. By moving your office to Brooklyn, you can take advantage of the diversity that Brooklyn attracts.
- Since Brooklyn attracts startups and young adults, there is no shortage of qualified employees. You can hire fresh, trainable workers who will help your business grow.
Signs It’s Time to Move to a New Office
There are a few different signs that might signal you to move your office. If your current location hinders your profits or you can save money by moving, then a smart decision is to begin calling a corporate relocation specialist in New York City . By moving your office, your business can grow, which will help you, your employees, and your customers. Letâs take a look at the following, telltale signs that you should move to a new office or store location:
Your business would do better elsewhere.
If your business has been suffering lately, look to your location. Is it in a hard-to-reach location or located in a bad neighborhood? If there are unattractive qualities about your businessâ current location, then it is crucial to start looking for a new office space. Moving to a new office can open up your customer demographic, find a new stock of employees, and provide better opportunities for your business.
Your location has become too small.
If your business has the opposite problemâit is thriving instead of sufferingâand your current location is too small, then you may wish to relocate to a bigger location. Your retail store or business can expand, which will provide more profits and benefits for your employees. Relocating to a bigger store or office will also open up your clientele, further attracting even more customers and possibly giving you the opportunity to open more stores and offices.
You are spending too much money.
Your business may be doing well enough at its current location, but if your rent is becoming too expensive, then call the movers and find a new office space. You will save more money in rent and other expenses, which will result in savings that can be spent on promoting and growing your business. Look for other ways that you can cut costs after your relocation. Your new location may offer better advertisement opportunities, more customers, and fewer expenses overall. These features will make your relocation worth the trouble.
Why Your Business Needs Record Retention Policy
Whether you have a record retention policy in place or not, it is always good to have a reminder of why you need business record retention near New York City . By establishing a retention policy, your business will have organized access to all of your files in a secure location. Letâs take a closer look at why your business should have a record retention policy.
To Abide by Official Regulations
There are many state and federal regulations that state a business must have clear records. These records might be customer and business transactions, tax records, and employee records. Within regulations, some records need to be retained for a certain amount of time, such as tax records and employee files. Instead of keeping your businessâ files cluttered and unorganized in an office room, instate a retention policy that keeps your files professionally organized and out of the way. This will help your business to meet any regulations that it is subject to.
To Conduct Smooth Audits
No matter how often your company has an audit, whether internally or from an outside company, you want the process to go smoothly. Auditors must examine your office records to ensure that your business and employees are maintaining sound company policies. To help this process go as quickly and smoothly as possible, make sure all important documents and files are part of a strong retention policy. Your auditors should be able to access all files if and when they need them, making your audit process a smooth endeavor for everyone involved.
To Sort All Documents
Over time, your business has likely accumulated a wealth of documents, whether they are important, up-to-date, or simple pieces of scrap. By enforcing an official retention policy, you and your employees can sort through your files to separate recyclable files from the ones that must be kept. You can also use your retention policy when it comes time to purge old documents that you no longer need to keep. A sound retention policy will keep your business better organized so you can focus on your customers and vendors.
How to Create a Moving Budget
Moving may not seem like it should cost much, but when you factor in the cost of moving companies , packing supplies, traveling costs, and so many more hidden expenses, you may soon feel overwhelmed. If you are doing an office or corporate relocation in New York City, then you have even more costs to consider, such as employee pay. To save yourself some stress, and lower your risk of going over budget, here are some simple steps to creating a moving budget:
- Determine how much you can really spend on moving and storage costs. Once you have a definite number in mind, you can start planning out the budget.
- Divide the budget into separate categories. Your categories might include packing supplies, moving companies, employee travel expenses, storage costs, and many more. By having these categories laid out, you can better see and allocate where your budget will be throughout the move.
- Always keep some leftover money in the budget for unseen costs. These costs may come from an employee lunch you had not planned or extra moving costs. By having some wiggle room in your budget, you are less likely to go over it.