We live in a culture that has become a very transient society, as the thought of relocating is no longer such an outrageous proposition. However, relocating can be stressful and requires a ton of work before the actual moving day occurs. There are a variety of reasons why individuals suddenly uproot their lives and leave their current living situation. Often, they have to deal with a personal or professional issue that requires their immediate attention and forces them to relocate to new surroundings.
On average, more than 40 million people move each year, and that rate has remained constant since the 1990s. Eventually, we will all become a statistic and relocate at least once in our lifetime. The following are three reasons why people prefer to relocate.
Your family
Moving away for personal reasons is never an easy decision, as the thought of relocating is hard to fathom at times. In some cases, individuals must relocate due to a medical emergency or a sudden illness that has stricken an ailing family member. Often, immediate healthcare assistance is needed for a loved one who is heading into their later years in life.
Another group that relocate for personal reasons are recently married couples that are looking to start a family. These people are seriously considering moving away from their ideal life in the city to begin a new chapter by becoming homeowners in the suburbs. Relocating offers them a better quality of life for raising their children in a community that has highly-rated schools and low crime rate. Couples must be honest with one another when discussing their personal preferences for the future.
Your work
It’s not an uncommon business practice for large corporations to transfer employees from one work location to another without little notice. This transfer could include moving cross-town or cross-country. Either situation will have a definite impact on your personal and professional life.
Today’s economic climate forces companies to condense their workforce and better strategize where to place home offices throughout the country. People in management positions are more likely to relocate for work than members of the sales or service force. Part of the perks of being asked to relocate across country is that the company will usually cover your moving expenses.
Some individuals relocate solely based on advancing their career by seeking employment out-of-state. Many prefer moving to big cities because of the vibrant job market. This environment offers better work opportunities and a wider variety of jobs that can be a better fit.
Your own business
Often, top local business leaders are forced to make a difficult decision of whether or not to relocate their company to another city. These types of moves are an attempt to tap into a new market and generate sales leads that hopefully increase the company’s overall profits.
Other businesses relocate to the suburbs or rural communities that offer low rent and utility rates. However, think long and hard before deciding to move to one of these locations, as they come with higher delivery rates which will increase your company’s overhead. These costs aren’t associated with owning a business in a large metropolitan city.
Lastly, the grand thought of your business expanding is another reason to relocate, as you have simply outgrown your original work space.
If you are thinking about relocating your business, contact Grayson SBDC. We are part of the North Texas Small Business Development Center Network and we aim to promote small business success. Our start-up seminars and counseling services are free of charge. View our Events to see more available classes. For more information, give us a call at (903) 463-8787 or Contact Us via email. We are located at 6101 Grayson Drive in Denison, Texas.
