Managing Property Businesses Term Paper Example | Topics and Well Written Essays - 1500 words

Managing Property Businesses - Term Paper Example To remain competitive, organizations have to evaluate their strategies to make sure they align with business needs - both today and in the future. They need to deliver new business value and growth in the market through product innovation, more personalized customer service or transforming business processes They must be able to anticipate, rapidly respond and always be available. Organizations are looking to make better use of resources that they have, whether by saving a step in a business process or by improving linkages with their business partners. Organizations are looking to get more out of the resources they have in place so they can be freed up to generate additional opportunity. They want to reduce their operating costs so that they can invest in growth and opportunity. The need for a suitable workforce seems to be at the top of these reasons for relocation."Most businesses start in a small facility, such as the founder's garage, and then move to bigger quarters in the same city", says L. Clinton Hoch, director of location advisory services for DCG Corplan Consulting (a site selection consultancy in West Orange, New Jersey). Later, the business outgrows that location or begins to find fault with its facilities, services, utilities, infrastructure or other features. "Usually only after a business owner goes through those stages is he or she ready to make a move out of the original area," says L. Clinton Hoch. Relocating may be one of the best things that can be done for a business. Whether we are moving by choice or by necessity (our lease is up and our landlord is raising the rent), relocation is not an easy task. There are issues like location scouting, commercial realtors, negotiating, number crunching, licenses, packing, unpacking, mail forwarding.  Ã‚