When it comes to creating a strategy for relocating your manufacturing business, you have more to worry about than happy employees. For manufacturers, it’s about covering the raw cost of materials, labor, shipping, taxes, understanding your profit margins, and much more.
Manufacturers who decide to move to a new space also need to carefully weigh the pros and cons of their operations’ location before making a decision. For example, a building 20 minutes away from the city, while cheaper, could thin your margins due to high shipping costs.
Relocation questions may keep you up at night, but sometimes moving is necessary.
Here are 7 ways you can overcome relocation challenges on the business and employee side.
Continue reading “7 Ways to Overcome the Challenges of Relocating Your Manufacturing Business!”