Strategic Management

Corporate Relocation

Corporate Relocation

The aim of this article is to discuss on Corporate Relocation. Relocation is a change in the physical location of a business. A business might relocate because of rising costs at the current facility, better tax breaks in a different location, changes in its target market, or for other reasons. Successful businesses will generally start out small and grow as their revenue stream increases. This financial growth leads to a need for expansion into a larger space and sometimes a corporate relocation to another town, city, state or country. When the time comes to make a move like this there are a number of factors to consider.