Things to Know Before Moving My Small Business

HHere are some important things to know before moving your business that can make the process a little more manageable.

There are a lot of small businesses moving in Chicago this upcoming year. Some companies have expanded and need a larger space, while others are moving to a different location to save money. No matter the reason, moving can be stressful for everybody involved. Here are some important things to know before moving your business that can make the process a little more manageable.

Who Needs to Be Notified?

Whenever you relocate a business, there are a lot of people you need to contact. For starters, you need to notify clients and customers of the new location. You may want to send your best clients a formal letter, along with directions to the new location. Also, let them know if the business will close in between moves, and if so, when the business will reopen. In addition, you will need to notify service providers, vendors, and relevant local, state, and federal governmental agencies you do business with. For example, you might need to contact your Internet service provider, your phone provider, and the office supply store you use. You’ll also need to contact the post office to change your official business address, and then change your address on your website and social media accounts. You might need to fill out a change of address form with the IRS as well.

Moving Expenses

Moving is always easier if you can stay organized. This includes accounting for moving expenses. Keep in mind that costs associated with relocating a business can be deducted from taxes. The cost of moving heavy equipment, electronics, office supplies, furniture, inventory, and more are all tax deductible. If you, personally, have to move because of the business location, some personal moving expenses may also be tax deductible. In any case, it is a smart idea to talk with a tax specialist to learn more.

Find Efficient Professional Movers

One of the most important things you need to consider when moving is finding commercial movers in Chicago who know what they’re doing. When searching for a professional moving company, look for positive reviews, as well as recommendations from friends and other people you trust. Don’t just look for generic positive reviews. You want to find concrete examples of the experiences other small businesses have had who have used the moving company to relocate a business. Also make sure the moving company has insurance and all the proper licenses. Your goal should be to find movers who are efficient, transparent, and trustworthy. You also want a fair rate. Finally, you have to think about your unique needs. For example, you might need a specific sized truck or additional packing supplies, such as bubble wrap, specialty containers, or blankets. You want to make sure the commercial movers can provide you with everything you need.

Moving a small business is always stressful, but you can take some of the stress away by staying on top of all the tasks you have to complete, making a clear checklist, and hiring professional movers who will give you a quality service for a fair price.

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