Office Relocation Budgeting Tips
Budgeting for an Office Relocation
Unless you have unlimited access to funds (and let's face it, which business does these days?!) chances are you will have to financially plan for your office relocation very carefully.
By preparing an office relocation budget, you will be in a much better position to control and monitor your costs. And if you're wondering what items you need to budget for, the Moving Office Budget Template identifies all these for you and sets them out in an easy-to-use template. All you need to do is to start getting quotes and estimates for the various cost components and you'll soon have a rough idea of how much your office relocation budget will be.
You should aim to keep your office relocation budget up-to-date on a weekly, if not daily basis. By recording any changes on your budget, you will always be aware of the impact on the total cost and thereby giving you the opportunity to adjust your expenditure levels accordingly.
The average cost of an office relocation
The cost of an office relocation will vary greatly depending on individual circumstances, and it's impossible to give out estimates based on no information, but we can provide some of the items you will need to consider, along with some handy tips to help you save on costs:
Office Removals Fees
The cost to physically move your office belongings and equipment from one office to another. To help you get best value as far as cost and service is concerned, make sure you get at least 3 office removals quotes from local removal companies and compare them.
Office Design Consultancy Fees
If you want to make the most of your new office, you'll need a professional Office Fit-Out Company to transform the new space into a functional and inspiring new workplace. Have a seperate budget for this aspect of your relocation from the outset so your fit-out company know how much they can spend, and this will also help to set your design expectations.
The advice of a Property Solicitor will be invaluable when it comes to reviewing your lease documentation and making sure your commercial interests are protected. Ask them for a quotation of their advisory fees before instructing them.
Use this handy Moving Office Budget Template to start planning a realistic office relocation budget.
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