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Business Relocation Basics

by Howard Brule

Before planning on a relocation for a job you should make yourself aware of a few important details to help you make a smooth transition and ease the pain of moving. Studies have shown that job relocation is among the top ten events that can bring the most stress to life, making it a great potential disruption to life. Therefore, making this transition as smooth as possible is very important.

First, look into whether your company might be able to pay for all or part of your business relocation. Some businesses have special funds set up to help their employees relocate. Getting part of the expense of moving paid for will ease your overall stress, since money will be one less thing to worry about.

On a similar topic, you should plan to write off any moving expenses you do pay on next year's income taxes. Business relocation counts as a tax write-off, since it is a business expense. However, keep in mind that you cannot take the credit if you officially get the job after you move. You must receive a job offer before moving.

Whether or not you get your expenses covered, plan to hire a full-service moving company. Doing so will greatly ease your stress. Although you will need to do some packing yourself, a moving company can pack many of your items, load them into a truck, and take them to your new location. Even if you normally move yourself, you should really think about hiring people to help you, because of the inherent stress of employee relocation.

Upon arrival, you will spend the first month or so getting settled into your new workplace; be sure to inform your employer that you would appreciate being able to spend a little extra time at home in order to unpack and get used to your new environment. Take your time getting acquainted with the required tasks at your new job, and don't hesitate to ask for any leniency you may need.

Business relocation can cause a great deal of stress and anxiety and can negatively affect your relationship with your family and hamper your career progression. Even if you think you may be doing fine with your relocation, you may want to consider going to counseling for a short period of time to help you during this transition period.

Visit our website for more information about business and home relocation. Or for more Real Estate advice see Inside Real Estate.

Published October 24th, 2007

Filed in Business, Management, Real Estate

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