When relocating to a new city, there are a number of factors to consider both professionally and personally in order to ensure a smooth transition!
The Business Side of Relocation:
1. Research Locations
Consider the demographics, competition, and zoning laws of each area. Make sure the
location is a good fit for your business as well your personal needs. If you cannot envision
making a life for yourself in the new location, especially if also moving a partner and/or
kids, the personal cost may far exceed the business opportunity.
2. Remote work vs. Brick and Mortar
Does your business require office space? If so, perhaps a smaller space may be adequate to begin especially if flex schedules or remote work are an option for employees. And if you
need to lease or buy space, make sure to work with a local commercial expert who has the
time to help as you explore options.
3. Update your contact information
Once you have a new address, update your website, business cards, and other marketing
materials.
4. Notify customers and suppliers
Let customers and suppliers know about the move in advance so they can plan accordingly.
5. Moving Logistics
Create a plan and budget for moving any equipment and inventory. Make sure to book your
moving truck or hire movers in advance especially if moving during ‘peak’ seasons.
6. Notify government and other local authorities
Update your business registration and other legal documents to reflect your new location.
The Personal Side of Relocation:
1. Find Where YOU Belong
Research the various suburbs and neighborhoods to find the best fit for you. Beyond the
logistics (the commute, cost of living, crime rates, educational options if you have kids) take into account your lifestyle— what do you want life to look like as you embark on the adventure of living in a new city? How often do you need to be in the office? Do you want to
be close to the action? Or do you prefer a quieter life in the suburbs?
2. Assess your Housing Needs
Just because you lived in a sprawling home in the suburbs or a high-rise in the city doesn’t
mean you have to repeat that choice in your new location. Re-assess your current needs and adjust accordingly!
3. Consider the Pros & Cons of Renting vs. Buying
Need your home equity to build your business? Not sure in what area you want to buy? Or
perhaps you anticipate a life change in the near future (starting a family or kids moving away from home). If so, renting might be the best option until you know your long-term needs and budget.
4. Plan Your Move
Consider the cost of time and sweat equity to move yourself vs. hiring a full-service moving company. Make sure to book your moving truck or hire movers in advance.
5. Get Connected
Join local groups, clubs, or organizations that align with your interests so your new city starts to feel like ‘home.’
6. Embrace the Adventure!
Once you’ve settled in, take some time to explore your new city and discover the best places to shop and eat, and all the area has to offer. Be open-minded to experiencing new activities, meeting new people and trying new things while also giving yourself time to adjust.
From the thrill of a new adventure to the sadness of leaving all that is familiar to start over in an unfamiliar city, relocation creates both exciting opportunities as well as its share of challenges that can ignite a rollercoaster of emotions. But hopefully, these tips (gained from my own experience moving throughout the US as well as internationally which forced me to recreate my business and personal life with each move) can help others navigate the challenges of relocation and embrace the adventure!
Lindy Chapman is a 12x relocation client-turned-realtor and relocation specialist who created her business after relocating to Dallas. You can connect with her on Linkedin or through her website at www.180Relocation.com. To contact her directly call 214-676-5675