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Moving’ on o: How to move your business overseas

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We live in a wonderful time for business. Of course, there will always be difficulties with financing and it’s never easy to begin a new company, but when it comes to having a business, we are blessed. We live in a time of digital revolution. We live in an age where we can communicate with people from the other side of the world at the touch of a button. We can command respect for our businesses based on what our company website looks like. Because of the digital age, the world has shrunk to the size of a smartphone, where anything and everything in the world is a click away. It’s allowed people to spread out and emigrate to far-flung destinations that were previously off-limits. It’s also allowed us to choose where we open and base our companies. Businesses are now able to lay down roots in countries that were previously unattainable, and this is down to the constant evolution of the digital world and technology.

One of the biggest trends for businesses in recent years has been relocation. Some companies choose to shut up shop completely in the country that they started out in, laying down their business roots in a completely different location. Others choose to keep their home headquarters and simply open up a second office elsewhere. Moving your company and its trade can make a lot of sense for you and your business, but it’s a very personal decision. It’s a tempting one, too. You can open up new networks for your business and begin trading in a completely different location. You can start manufacturing your products with cheaper materials and labour. You could even expand and diversify into different areas. The benefits to relocating your company can far outweigh the negatives, but the question that often comes from the mouths of business owners, is simple:

How?

The idea of moving a business from one country to another is enough to make you feel stressed out; it’s a huge undertaking. It’s difficult enough sometimes to move a person overseas, never mind an entire brand, but no one ever said that success was easy, right? It doesn’t have to be a complete nightmare to move a business to another country, all it takes is a lot of organisation and taking your time to complete each stage of relocation so that you’re not left scrambling when things move quickly. If you take your time and make a list of all the things that you need to think about when you are going through an office move, you can ensure that it goes off without a hitch. You can also make sure that your relocation is smooth by simply establishing why you want to move in the first place. As a business, you’ll want to have a goal to attain, and that relocation that you want to achieve is going to help you to do that. Not every business owner chooses to move their office from their original location to one that is abroad, but those that do usually have a purpose to it. Sometimes, this is due to needing cheaper resources. Other times, this is due to wanting to expand their reach.

Success in a new international market won’t always be easy, but the potential for new talent to come on board with your business, growing a more established market for what you do and finding that there are stronger investment opportunities available. These reasons are all extremely common ones for businesses that want to move and grow their brand. There are potentially better supply chains, more resources and new countries often have a local infrastructure that makes more sense and is far more improved than the one that they are dealing with currently. Office relocation has to make sense for your company, because otherwise you could find yourself selling up your premises and moving services such as cleaning and contract rubbish collection too prematurely. Once you understand your own reasons for wanting to relocate, you can then concentrate on the actual move itself.

Finding a location for your company could take you more time than you expect. Ideally, you need to choose the country that makes sense for the continued success of your brand rather than the place that you find the prettiest. Just because an area in a country looks lovely online, or it’s by the beach, doesn’t mean it’s going to be the right area for your business to thrive, and you want your business to thrive. Moving to another place means that you have to consider the places that may look less attractive on paper if it’s the best thing that you could do for your company. Think about the goals that you laid out for yourself and not just right now. What did you want to achieve when you initially opened your business and wrote your business plan? Use those goals as a guide to help you choose the location that is right for your business future. Once you lay those goals out, you’ll be able to match them to the location that will help you to achieve those goals. There are many cities that are primed for the opportunities that you want to gain, from the best talent in your industry to the best opportunities for networking for you. Knowing the location that is perfect for your circumstances is going to help you to push your brand to the next level as you will have made the right decision for your business future.

The one thing that you have to do before you do anything else with regard to relocating is get the right permission. The laws in the country of choice that you want to go may differ from the laws where you are. You have to figure out whether you are even allowed to move your business from one place to another, and if there are any restrictions on your choice in terms of visas. The process for getting permission isn’t always easy for a business, and it can take some time to get it. Doing your research and getting the best advice from the experts is going to help you on your way to understanding if there will be any restrictions on your move. Speak to embassies of the countries that you are considering and speak to relocation agents to get the advice that is right for you.

Hiring corporate relocators could be the best thing that you ever do for your business. Making a strong relocation plan is important, and it could make a huge difference as to whether your move is a smooth one. Having a plan that is laid out meticulously, with everyone in the business who needs to know about it on board. When the right people are aware of the plan to move, you can reduce the chance of any issues being run into. You need a project manager and someone from your human resource team to work with you on the admin side of the move. Having more than one pair of eyes on your plan is going to help you to keep things moving smoothly. When it comes to moving abroad, a corporate relocator can ensure that this huge task can be managed correctly, especially when it comes to the regulations and paperwork required for a business visa. The benefits far outweigh the negatives, because these specialists can make sure that your company goes exactly where you want it to without too much disruption to your day to day business running.

Obviously, you don’t have to hire in any specialists, especially if you don’t want to spend that kind of money. There is a lot that you can arrange for yourself without much trouble, but you should consider it seriously before you go ahead. You likely wouldn’t take the time to do your own accounts for your company; you’d bring in someone who would know what they were talking about. It’s the same situation here; you need to bring on the people who know who to speak to and where to go for the right information. Moving your business has the potential to cause some disruption, but if you are forward-planning your move correctly, you can work closely with everyone on your company staff list to avoid this from being too difficult.

Taking a business overseas isn’t always easy to do. There are a lot of factors to think about and a lot of people involved. You may have to hire an entirely new set of employees, especially if those you ask to move abroad with you either cannot or will not. However, it can be a hugely beneficial change for your company to move to a place that has more. More resources. More opportunities. More interest. Just more to do well with. Relocation is a big task, and it’s one that could see your business thrive in ways you didn’t realise were possible.

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