A business move is not an easy move at all. You should have proper planning before you make such a big decision as moving your business. Before you move your business to a new location, it is essential to update a few things so that the relocation does not affect the company’s growth.
- Update your business address online.
These days, the physical presence of a business has become essential. Apart from your business website, you should also update your address as several online places such as Yelp, Yahoo, Bing, and Google My Business, and almost everywhere your potential customers can reach you. An incorrect address or phone number at your website portal can empty your storefront, causing the most significant revenue loss. You should also update the address at the post office to get the essential documents delivered to your new address.
- If required, update the name of the business.
If the address or the place name is present in the business name, then you should update the business name with all the required changes. Though it is tough to change the business name, you should do it before moving if it is essential. To change the business’s name, you must notify everyone about the new name and re-register your business in federal with the new updated business name.
- Send notification to federal.
First, when you decide to move, you should notify federal, local, and state agencies. The IRS wants you to fill out the form about changing your business address. Whether it is a local business move or you are moving your business at a distance, changing your address is essential in both cases. You should inform your state’s business division where your company has been registered. You should also notify your state’s tax authority about your move so you don’t need to pay taxes twice. This is important to keep all documents updated according to your new address.
- Don’t forget to update your social media.
These days, social media is one of the most significant tools that help attract a broader audience to your website; therefore, updating the address on the social media platform is essential. So, you should change the address on a social media platform like Facebook, Instagram pages, Twitter, and all the social media platforms that help you to reach a wider audience.
- Update citations
Change all the local citation websites as much as possible with the new address and phone number. To do this, you should start by searching for your old address and make a note of any page in the top 20. These are the places where you should have to change or update the address first. Inconsistent address or phone numbers can make your potential customers and this might be a big loss for your business, therefore, managing your local data is very important before you change the physical address of your business.
- Update the address at all marketing platforms.
You should update your business address on all marketing platforms, such as your websites, email marketing templates, business cards, email signatures and almost everywhere you market your company. If you have hired a marketing company, don’t forget to inform your marketing company of the change of address.
Also, consider any other software solutions you might be using, which will need your fresh location info entered into them. For instance, if you use an inventory management tool or a sales CRM in your production business, update your address promptly or risk vital correspondence and even materials being sent to the wrong place.
- Update in the legal documents of the business
When you relocate your business, there are a lot of legal documents that will require updates. You need to change your business address in legal documents like registered business documents, business licenses, and all the essential legal documents to avoid any big problems later.
- Tell all the community partners and known ones about your relocation.
Imagine a situation when your friends or community partners refer your store to some people, and they are not aware of your updated address. What if they send people to your old address, which has become a coffee shop? What if people waited there even when you have shifted a lane away from that point? That is why you must notify your community partners and known ones about your move.
Conclusion
A business move is such a complicated move. Apart from these updates, you can also update the address at several other places according to your business type. Apart from that, you should inform your employees about the move so they can prepare themselves for business relocation to a new address.
This will help you have a successful business move.
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