Moving your business from one state to another is a complicated process that requires careful planning. When you are relocating the company you have to think of many things like taxes, dissolution costs, reorganization, etc. And have you thought about your employees? It is a complex procedure, so read on and you will find some useful tips that East Coast West Coast team has prepared for you.
Make a plan
The key to a successful relocation is a detailed plan. If you need retail space, spend the time to look around your new city and find a place that suits your needs and fits your budget. The lease which you sign will start shortly before you move into the building. After you choose the location of your future office, do some research on the taxes to avoid any additional and unforeseen expenses. You should discuss everything with your lawyer before you start the process. He or she can help you with some of the legal issues involved which could save you a lot of money.
Re-Register your business
You will have to re-register your company after you move to your new state. If your business is a partnership or sole proprietorship, then you will have to file a DBA declaration. If you run a limited liability company or a corporation, then you will have to take more complicated legal steps to move your business.
Consider your staffing options
If you run a business by yourself, then staffing is not going to be a problem, but if you have employees, you should check whether they can travel to the new location or telecommute. If they can’t, then you will have to hire new ones. Finding new staff from afar can be very difficult, so we suggest you use an agency to help you find some temporary workers. If you have to lay off employees, do that in a way that will maintain positive relationships and
avoid legal problems.
When you move to a new state, you might not be able to count on your local customers. It will be like at the beginning, which means that you will have to spread the word and do some serious marketing. As soon as you move to the new state you should focus on efficient and impactful local advertising promotions, such as custom coupons, Groupon deals of discounts for your goods and services. Contact your local chamber of commerce to get in touch with local business leaders who might be able to help you with to gain some traction in your business.
Although it sounds difficult and stressful, it doesn’t have to be. Follow these steps and you will not have problems. However, if you don’t want to deal with it yourself, you can always hire the professionals from East Coast West Coast moving company.