Business Relocation

Running Head: BUSINESS RELOCATION 1
Business Relocation
Student’s Name
Institution
Tutor
Date

BUSINESS RELOCATION 2
Introduction
Stakeholders relocate their firm due to several justifiable reasons. It may be due to the need to
get increased customer traffic and put the business at a position of growth opportunities as well
as get more space for business expansion. However, the whole process of relocating a business
may lead to business disruption, time-consuming and may also disrupt the customer-employee
bond that already exists. A business relocation plan should take into consideration the relocation
risk evaluation mechanism, relocation benefits to the firm as well as a detailed checklist on the
tasks need to successfully relocate the business, (De Felice et al., 2015). In the relocation plan, it
is important to clearly note down the reasons for relocating the business. Listing relocation
reasons is critical for focusing the relocation plan to the right direction and achieving the set
relocation goals. Comparison of possible risks and the benefits offered by the new location
should be done. Guide to the maximization of the new benefits in terms of the new environment,
easier access to the customers and business suppliers, availability of possible skilled labor from
the new location and the benefits offered by the new space for business expansion.
Project scope statement
The relocation process will begin with the identification of the ideal new location. This will
include the deployment of the firm’s surge team to carry out extensive market research and
determine the suitability of the identified place to the achievement of the goals of the business,
(Roberts, 2011). This will include accessibility of the new place to customers and business
suppliers. The leasing of the current place will be done when a new location has been identified,
constructed, partitioned and designed to meet all the requirement of the business and is ready for
occupation.

BUSINESS RELOCATION 3
Project objectives
i. Completion period is eight months
ii. Number of project managers is fifteen drawn from the firm and other project
developers
iii. Disposal of the current business location
iv. Construction of the new business location site and business relocation exercise
Project deliverables
The following are the main project deliverables;
i. The project plan for business relocation
ii. Approval of all relocation inventories
iii. Vendor management
iv. Business relocation to be achieved after 6 months
Project milestones
i. Identification and acquisition of the establishment site
ii. Project funds acquisition

BUSINESS RELOCATION 4
iii. Disposal of the current business location
iv. Complete construction of the new business location
v. Successful business relocation
Technical requirements
i. Project financing
ii. Project time requirement
iii. Resources
Limits and exclusions
i. Limited timeframe for data gathering and analysis
ii. Some project data was not availed due to the request of the new business opponents
iii. Some stakeholders stayed away from engaging in the project activities
iv. Incorrect data entry
Review with customers
i. Office accessibility made easier
ii. Strategically located in serving all customers