Good planning will help you make a smooth business relocation
Budgeting, goal setting, business planning – all are business objectives in the fourth quarter of the year. As businesses plan for 2006, I’d like to challenge all decision makers to not only think about the big-picture changes they want to make, but to also add one more item to the list – real estate.
Whether your organization owns it or leases it, let us challenge you to make your corporate real estate a top priority next year.
There are two main reasons why real estate should be considered in strategic planning. For most organizations, real estate is one of the largest expenses, right up there with payroll. However, few organizations ever make a priority to evaluate and analyze their real estate needs. Often times they end up paying too much for their space or property.
If your lease is expiring anytime in the next two years, now is the time to start developing your corporate real estate plan. You should be planning for your long-term real estate needs. You should also be strategically aligning those needs with space availability in the marketplace. This is one of the...