How Do I Keep My Employees After Moving the Office?
For many small business owners, relocation can often be a double-edged sword. On the one hand, you have the opportunity to move into a new facility that can better accommodate your staff and services, but, on the other hand, the sudden decision to uproot your entire office to a new location may cause many of your valued employees to quit. So, how you do you balance the needs of your employees with the needs of your small business? In this episode, Gene Marks and Elizabeth Larkin discuss the best strategies for navigating this challenging situation.
1:26 —Today's Topic: Should I Consult My Employees Before Moving My Small Business?
2:06 —Because of the time investment that you've put into hiring and training qualified employees, you should at least take their input into consideration before making such a big decision.
4:06 —Depending on the size and nature of your business, sometimes you can actually do away with a physical office altogether and simply have everyone work remotely.
5:00 —One benefit of owning a physical office is that it fosters a sense of camaraderie among your employees.
5:59 —Renting coworking space could be a good temporary option for your business if you have the finances.
9:13 —Gene encourages small business owners who are conducting interviews to arrange scenarios that will enable them to observe how potential employees will behave in difficult situations.
Submit Your Question
Elizabeth: Welcome back to the Small Biz Ahead podcast. I'm Elizabeth Larkin from The Hartford, and I'm here with Gene Marks from The Marks Group.
Gene: Hi Elizabeth.
Elizabeth: Hi, how are you?
Gene: I am doing just fine today. How are you doing today?
Elizabeth: I'm great.
Gene: That's good. Any good TV shows to recommend, because I've been watching a lot recently.
Elizabeth: We will get to those at the end of the episode, Gene. I know people always like to hear your TV-
Gene: Well, I've been traveling, and whenever I travel, I have the Kindle with me, and I just binge-watch show-
Elizabeth: You watch shows.
Gene: I've got so many shows to recommend. I'll pick a couple.
Elizabeth: All right. So after the words of wisdom, Gene will also do his TV show review.
Gene: Yes, please.
Elizabeth: But before that, we're going to talk about a small business owner who is looking to move her place of business and how that's going to impact her employees. And we'll hear about that after a break and a word from our sponsor.
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