Office Move – Pros And Cons

One of the biggest decisions a company faces making in the modern world is moving from their current office space to another location. There are many reasons why this decision may be considered, with more space needed or a better location required, but whatever the reason, both the pros and cons of an office move must be studied before committing to going ahead with the process.

As mentioned above, having more space is one of the reasons why an office move is often on the cards, but it’s also one of the positives to consider too. This is because having an office with more space will ultimately mean that there’s more room for new employees as well as new equipment. This will likely lead to a more productive environment being created, with profit margins affected positively as a result.

By moving office, it allows a business to ensure they’re in the prime location. For example, a tech firm’s office would benefit by a move to one of the tech hubs scattered around the UK. There’s also the opportunity to move closer to clients too, making doing business a lot more convenient. This could also lead to rapports with other clients in the area being developed too.

Moving office can also help to lower costs too would you believe. Nowadays, it has become vital for businesses to keep their expenses as low as possible, and if an office is in a premium location, it’s highly likely that the rent due on the office itself, as well as the cost of living, is extraordinarily steep. By moving to a lower cost area, there’s the opportunity to save some money, which could then be reinvested in other areas of the business, such as buying new equipment for staff to use.

As with anything, there are a few cons to be aware of too, with the first being the cost. This is the stumbling block most business owners come across when considering an office move, especially if they’re looking to switch to a much larger premises.

The relocation costs alone will undoubtedly be steep, however, it’s also important to remember that during the move there will likely be a reduction or postponement of productivity, which will also hit the company coffers hard. Hence the reason some companies make the decision to renovate their current office space. This is exactly what Intouch Games in Halesowen decided to do and so far it has proven to be the right decision.

While some people welcome change, others don’t, and this could see upheaval for staff members in the office. So much so that it may be wise to approach staff and keep them abreast of the very latest, some will undoubtedly find the move stressful. Some may even be tempted to look at the possibility of working for another company. There is a lot of planning required when it comes to moving office, and by keeping staff informed every step of the way, will go a long way to allay some fears and concerns.

All in all, an office move is a huge decision and one which should never be taken lightly. While there are pros and cons to consider, it’s vital to work out which are applicable to each individual circumstance. If the positives outweigh the negatives, and the cost is manageable, an office move is worth considering.

EAN Content

Content shared by this account is either news shared free by third parties or sponsored (paid for) content from third parties. Please be advised that links to third party websites are not endorsed by Estate Agent Networking - Please do your own research before committing to any third party business promoted on our website. As an Amazon Associate, I earn from qualifying purchases.

You May Also Enjoy

Breaking News

UK house prices growing by 2.5% according to Halifax

Nathan Emerson, CEO of Propertymark: “This slight dip in house prices will likely have been influenced as a direct consequence to the current state of the global economy. There will always be a need for people to move house regardless of international trading relations; however, many aspiring or current homeowners will no doubt be discouraged…
Read More
Breaking News

UK house prices dip slightly in May, but market remains steady

Average property price now £296,648 compared to £297,798 last month Annual rate of growth slows to +2.5% from +3.2% in April Overall house prices have remained stable so far this year Northern Ireland continues to lead annual price growth in the UK Amanda Bryden, Head of Mortgages, Halifax, said: “Average UK house prices fell by…
Read More
Breaking News

Estate Agent Content

Do you think that your estate agency / property business requires content? Is content marketing still a thing in 2025? Are you concerned if anyone will read your words? Is it worth investing in estate agent content? Businesses with blogs generate 67% more leads than those without. As competition for attention online increases it remains…
Read More
Breaking News

The cost of voids rises by £200 for England’s landlords

The latest analysis by Dwelly, one of the UK’s leading lettings acquisition and success planning experts, has found that landlords have been hit with a 26% increase in the cost of void periods in the past year, equivalent to lost income of almost £200. Dwelly analysed average void period data from March 2024 and March…
Read More
Breaking News

Breaking Property News 5/06/25

Daily bite-sized proptech and property news in partnership with Proptech-X. Demand Rises for Housing and Infrastructure Projects Rising demand for housing, infrastructure and energy projects across Wales has driven continued growth at Lichfields’ Cardiff office, which this year marks 25 years in the capital. The team of 17 planning professionals is one of the largest…
Read More
Breaking News

Construction continues to enjoy a season in the sun

Underlying performance is on the rise during Q.2 2025 Today, Glenigan, one of the construction industry’s leading insight experts, releases the June 2025 edition of its Construction Index. The Index focuses on the three months to the end of May 2025, covering all underlying projects, with a total value of £100m or less (unless otherwise…
Read More