5 Tips for the Smoothest Possible Retail Store Move
Moving a retail store is never easy, but it can be the best way to move your business forward and create more profit. So how can you make your retail move as smooth as possible? Here are five key things to remember.
1. Pick a Slower Time
As with any business move, the best time to make the jump is when business is at its lowest ebb. This means times when there are fewer customers, when you aren't doing special events or sales, and when administrative operations (like the end of the accounting year) are not in full swing.
Analyze your annual, quarterly, monthly, and weekly activity to select the most amenable times all around. Consult with staff on the ground for their input about timing. While you may not be able to time the move for the absolute lowest point in the year, month, and week, you should be able to hit at least one or two of these targets. Anything will help make the move better.
2. Get Rid of Inventory
The less inventory you have on hand, the less stuff you will have to move. Take inventory in the weeks and months before the big day and see what low-turnover items you might be able to get rid of. Have a big sale. Donate items and take the tax deduction. Then reduce orders leading up to moving time.
Having less bulk to move means less money spent and less work for movers. But it also means less confusion for your team in both locations and an easier time organizing inventory to get things on the shelves and ready for sale in the new store.
3. Ready the New Location
Don't get so caught up with packing up in the old location that you forget to prepare the new one. Install the storage system, display materials, and back-office furnishings before moving day. Make sure the utilities - including the internet - are installed and working. Install any new technology or equipment you've bought. The goal should be to make the new location complete except for the inventory on the shelves.
4. Designate Location Liaisons
Each store location should have a designated person or committee - depending on its size and complexity - in charge of its moving activities. The location liaison should coordinate with vendors, arrange for packing, create a timeline, and secure needed supplies. Many business owners try to do it all themselves, but this may only add to the confusion.
5. Hire Moving Professionals
One of the best ways to keep things smooth is to work with professional movers as much as your budget allows. Most commercial moving companies offer services that include disassembling and reassembling fixtures and furnishings, packing inventory in an organized manner, transportation (including specialty or fragile items), and arranging items in your new location.
The more you let the professionals handle these things, the less your employees have to do - and the less they will be away from their regular jobs. Look for a local moving company if this is a local move, as these services will have the best knowledge of the area and will be the most attentive to local businesses.
Where to Start
Want more tips for managing your retail move? Start by consulting with an experienced moving service in your area. Professional movers can be one of your best resources.
You can count on the team at Helping Hands Movers Inc. We will help you assess your needs, prepare a budget, and focus on how to keep your business operating as smoothly as possible during this challenging time. Call today to make an appointment.
