If you are looking to expand your dance studio business to a different location, expect moving your business to be a complex process. There are several things to consider such as location, budget, and accessibility among others. Whenever you are looking to move, have a look at piano moving companies Toronto and following tips that will help make the transitioning as smooth as possible.
1. Give Yourself Enough Time
You need to give yourself more time as you plan to relocate. Proper preparation enables you to avoid problems. While two months may seem more than eough, it may not be the case. Take your time to find the best removalists.
2. Don’t Shy Away from Negotiating
When negotiating the terms of your lease, practice fairness and confidence. Also, don’t forget to discuss the issue of rent increases. It’s unfortunate that most landlords pay less attention to dance studios and think less of them than they would to something more formal such as a doctor’s office. Thus, it is essential to make it clear that a dance studio is similar to any other business.
3. Discuss on Tenant Allowance
Most studio owners consider tenant allowances to be a mythical concept – often discussed, nonetheless never seen. For those dealing with any property of high vacancy, be bold and bring up the tenant allowance subject. You’re likely going to need to make a few replacements on the floors and install mirrors to transform the room into a dance studio. Introduce yourself as a respectable and valuable tenant, and you’ll be shocked at the allowances you’ll get.
4. Keep Your Customers in the Know
Finally, keep your customers updated. Your customers include your dancers and parents. Let them know you intend to move. Your moving must be beneficial to your clients and your studio business. With poor communication, you risk losing your customers and your opportunities. Let the parents know where and when you intend to move. Try and explain the advantages of the new studio location.
When your small business is growing, it must change locations in order to expand. Very often you will face a phase of chaos as well as loss of productivity, but we have discussed four practical ways to help you minimize the negative impact of relocation to your business’ profitability.
Also, remember to set a budget for relocation. Your budget should be within your means. Don’t go for what you cannot afford.
Irrespective of whether you are looking to buy or rent a new space, you need to keep the right things in mind. Additionals are also inclusive of things like lease incidentals (insurance, utilities, and maintenance), moving and renovation costs. You can learn more about how to come up with an active commercial budget which reflects on all the potential as well as hidden costs.
Don’t forget to get in touch with your removalists to make everything go according to plan. With proper planning and preparation, nothing could go wrong. In no time, your business will back to regular routine again—this time, much better.