Archives 2018

RELOCATING YOUR BUSINESS? 6 MOST IMPORTANT THINGS TO BE AWARE ABOUT

If you are thinking about moving your business to a new location, then there are lots of factors to keep in mind.

Thinking through potential problems and their solutions ahead of time will help make the move go much smoother.

Here are six factors to keep in mind when relocating your business:

1. Space Requirements
Space Requirements

Do not let your company run out of space before you

decide to move to a new location.

Employees who are cramped for space do not take care of customers as well as those who have room to move around.

If you are making products, then you will notice a spike in poor quality products when space becomes a problem.

These and other negative factors will hurt your business, so make sure to move before they become an issue.

2. Know Your Budget
Know Your Budget

One of the first questions that a real estate agent will ask you is what your budget is for a new property.

Therefore, you should know your budget going into a project.

Do not forget to include things like new equipment that you will need, remodeling costs and the training of new staff.

Make sure that you include money for a professional moving company like Hudson Movers.

3. Research Possible Locations
Research Possible Locations

You need to do your research before deciding where to relocate your business.

While you will want to consider your expenses including taxes and utilities in the new location, do not overlook the fact that you may be able to get government grants to help you relocate to some locations.

You should also take a step back to consider where your customers are most likely to find you if you are a brick-and-mortar store.

If you do e-commerce, then you might want to consider if sales taxes will mean the total price on some of your products will increase.

4. Inventory
Inventory

Most businesses cannot relocate in under a month, so you need to think about your inventory.

Ask yourself if you have enough current inventory to meet orders during the move.

Backordering orders while you get up to speed may make them unhappy.

Decide how much inventory you need to move and how quickly you can get products in your new location. If you are a manufacturer, remember that you will need to train new employees and that may increase your rejection rate.

5. Employees
Employees

Decide if you can pay a lucrative package to encourage your current employees to move with your company.

Still, many may choose to not move.

Consider how you plan to hire new employees.

Think about the training that you will need to give those employees.

6. Communication
Communication

It is essential to communicate your move to many different people.

Do not forget to complete the government forms you need to operate at the new location.

Write press releases to be released at your current and new location.

Update all your address on the internet so that you keep your customer’s update. Google places part of your website rating on your being consistent in addresses across the web.

Moving to a new location can be a great opportunity. Do the research first to decide if it is the right time, correct move and handled properly.

6 WAYS TO INCREASE YOUR CONDO’S VALUE

Ideally, increasing the value of your condo is an ongoing, gradual effort. Thus, when it comes time to sell, you will not get hit with expensive upgrades and repairs. If you try to work a little bit consistently toward upping your condo’s value, then listing it will not bring a lot of additional worry and stress.

Let’s face it when you continually look for small ways to improve your condo, you will enjoy living there the entire time. Clutter and disorder rapidly multiply out of control. It can be tough getting everything in order. Do not try to do it all at once, tackling small chunks will bring organization back to your home and life.

Once organized, keep your condo in good repair so that you do not get hit with bills for repairing your roof when replacing a missing tile would have avoided that cost. Here are a few ways to increase the value of your condo that will not hurt your pocketbook.

1. Make Your Home a Stage
Make your home a stage

Enlist the help of Selling Toronto Condo to organize your furniture and stage your condo to accent and highlight positive features.

Staging your home involves less furniture, not more. Arrange storage for bulky or excess furniture not needed to enhance the value of your condo.
A stage needs a lot of light. Open or remove those heavy curtains.
Replace burned out or missing light bulbs in fixtures and lamps.
2. Update Your Kitchen
Upadate kitchen

Keep your kitchen appliances clean and you will not have a last-minute mess on your hands. Many people go much of their lives without realizing the stove top swings up to clean up spills beneath the burners and stove top.

Save your money and upgrade your appliances when you come across a great sale.
Some appliances have reversible surfaces. If you have black appliances but want white ones, check the reverse side of the appliance surface for the color you want.
Keep your range hood clean as it easily becomes grimy with cooking residue. Replace hood and vent filters as needed.
If you feel the kitchen needs updating, try replacing the drawer pulls. Such a small, inexpensive change can change the whole look throughout your kitchen.
3. Check Common Areas Early and Often
Common areas

You can follow every tip for increasing the value of your condo, but without your condo association maintaining the common areas buyers may never see your condo.

Check that hallways, stairwells and parking areas are well-lit.
Walk into your building and look around with fresh eyes. Check for frayed furniture, dust and dirt.
Check all doors leading into your building for solid locks that work.
Look around outside to make sure landscaping services are up to date.
Find out for yourself if any common amenities like a pool or spa are working and well maintained.
4. Paint Improves Mood and Value
Paint your house

Keep your walls and ceilings painted for a clean feeling and look throughout your condo.

Paint the walls chartreuse if you wish as long as it is not on the market. Once you decide to sell, it is time to break out the whites, beiges and pale yellows.
Buyers actually enjoy the faint whiff of freshly painted walls.
Do not forget to paint the doors and baseboards.
Check the walls, ceilings and floors for water stains or standing water.
5. Keep it Clean
Clean table

Few things improve the value of your condo more than a spotlessly clean home.

Do not trust your own nose. Homeowners are notorious for overlooking noxious odors. Ask a trusted friend to perform a sniff test on the whole place.
Keep your condo clean on a continuous basis and you will find you have fewer repairs to address.
Once you decide to list your condo, hire a cleaning agency to deep clean every crevice.
6. Do Not Forget the Floor
Cleaning floor

Try to avoid a wild mix of floor coverings that includes, linoleum, carpet, cement, vinyl, hardwood floors, throw rugs and more. While most people understand two or even three floor types, your condo gets crowded quickly from too many floor surfaces.

Steam-clean rugs and carpets at least once a year. When you get ready to sell have all carpets freshly cleaned.
Make your floors shine. Any floor not covered with carpet should be clean and polished. Rent a floor buffer for that extra-special shine.
Damp mop floors at least once a day to keep floors looking good.
Maintain a steady pace and you will thoroughly enjoy living in your condo while you increase its value.