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How To Close An Office

How to Close An Office

If you are deciding to relocate or closedown your office, you should always make sure that your choices do not affect anyone who used the office before in a negative way. It can take several long months to property wind up a business. From closing plans to reorganization, you could end up haunted by unnecessary headaches and stress. Feel free to contact us for more information or questions on how to close an office.

Simple Steps to Closing an Office

Whether you decide to relocate your office or completely close down the business, here is a guide for closing an office easily. Closing down an office/business can always seem like a tedious and aggravating task but be sure to keep in mind that it is not just affecting you; it will also affect your employees and clients.

How to Close an Office

1. Notify Your Clients

Before you even think of closing down your office, you need to notify your clients in advance. This allows them to stay aware of what you are about to do. If you are moving to a new location, make sure your clients know the new location. Also, you should dealing with any contractual obligation before closing. This can help smooth your start up process at the new location. Prevent any problems with your clients by notifying them with the new address and simply keeping them updated with any changes that may affect them.

2. Terminating Your Commercial Lease

If the property housing your office is leased, you are most likely to have a contract with the landlord. Before you close down the office, you should terminate your commercial lease with the landlord. This will void the payment obligations such as monthly rents or a yearly lease.

Relocating an Office

3. Notify Your Staff

Whether you have a large or small office, employees and staff members are what make the office. Before you close down the office, you need to notify and pay them their dues. Under typical situations, notice of office closure is normally issued and ensured that each and every employee is aware that the office will either be closed down or relocated. This will help you maintain a good relationship with your team and also give them the time to look for other job opportunities.

4. Paying or Settling Debts

This is a very important step before closing down your office. Most relocated offices do not meet their maximum potential due to debts being carried over from their former places. For a smooth closing process, consider hiring an office relocation company like our higly-trained experts. Our experienced professionals have over 30 years of experience in helping our clients close and reopen their offices.

Commercial Lease
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