If you are relocating to a new city to launch a business, it’s easy to become overwhelmed with all there is to do. You want to make sure you stay on top of work tasks, find a home that meets the needs of your family, and locate a school district that is right for your children. Although moving can be a stressful process, Riddick & Co Entrepreneurial Finance hopes that the following suggestions make it a little easier.

Picking the Right Location for Your Family

Before you actually settle anywhere, it’s crucial to pick the neighborhood for you and your family. Consider factors that will influence how happy you are in your new home. Do you need someplace that has enough yard for a garden or your pets? Would your family like to be within walking distance of certain amenities, like the library or schools, or is space between neighbors preferable? Make sure to talk about what everyone in the family needs and wants in their new location. This can ensure family members are on the same page and help adjust expectations as needed.

Finding a Home That Suits Your Needs

Just as finding the right neighborhood is important, so is locating the best home for your family. Some areas to consider when buying a home include the number of bathrooms, bedrooms, how old the house is, and how many rooms your family needs to live comfortably.

Think about your work life and how that will affect your home. If you are self-employed, it is especially crucial that your home is comfortable and enjoyable since you’ll be spending so much time there. You want to know that you can be productive in your new workspace. If you can find a potential home with an extra bedroom or space that would be good for a home office, this would be an ideal setup.

Given how busy you’re going to be, it’s also a great idea to dedicate some space to self-care and relaxation. This can be a basement, a workshop, or better yet, a garden where you can relax in the fresh air. If your backyard needs a little work, your best bet is to take care of it right away by hiring a professional. Simply search online for “fertilizer service near me,” then request a quote in advance. You should also check ratings and reviews to make sure you’re getting the best deal you can find.

Preparing to Open a New Business

If your move is predicated on the plan to open up a business, you’ve likely already done some market research, determined exactly what you plan to offer and where you’ll set up shop. Beyond choosing a location for your business, designating a name, designing a logo and creating a business plan, there are a lot of other significant details to address. 

First, you’ll need to choose the right legal structure for your business. If you plan to operate as a sole proprietor, you’ll need a business license from the state. However, if you plan to form an LLC, you’ll need to file the appropriate paperwork with the state, this includes your articles of organization, your statement of information and your operating agreement. Additionally, your business may be required to have workers’ compensation insurance. This will protect your employees in case of injury or illness while on the job. 

Just like you are with your moving plan, keep detailed notes and a workable timeline to help you tick necessary startup tasks off your to-do list. 

Packing Tips That Make Your Life Easier

One part about moving that most people hate is the packing. As you are getting ready to move, make sure you start purging things you and your family no longer need or want. If you haven’t used something in a year or more, now is a good time to get rid of it. If you want to get rid of excess items while recouping some of the cost, consider having a garage sale to bring in extra money.

Another way to make the packing process easy is to start as early as possible, so you aren’t rushing, and pack up items you aren’t using or won’t need in the near future. Label every box with what room it is for. Don’t forget to keep out items you’ll need during the move, such as a few changes of clothes, toiletries, and items that are important to your children, like a favorite stuffed animal.

Taking Care of Yourself in the Process

While moving for your career is no doubt important to you, it’s also crucial to take care of yourself. Allow plenty of time for rest so you aren’t feeling overworked and tired. Make time to get out of the house with your family and do some of your favorite activities before you move away.

Are you considering a move to start your own business? There are a lot of factors to consider, from choosing the right neighborhood to finding the ideal property, ironing out the details of your business and registering with the state, and simplifying the packing process. However, if you take the time to plan and prepare properly, it can be an incredibly rewarding experience. Good luck on your journey!

Riddick & Co Entrepreneurial Finance works in conjunction with your other top advisers including your CPAs, attorneys, and bankers to assess your whole situation to give you truly objective guidance and a plan of action. Call 772-617-5757.

Links and references to outside sites are for reference only and are not an endorsement or recommendation of any kind to anything contained in the referenced website.

Author – Joyce Wilson is a guest blog writer for Riddick & Co Entrepreneurial Finance and is not affiliated with the firm in any other capacity.

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