Although there has been some encouraging news in some housing markets, the economy continues to sputter. And where once decision-makers would have taken a a more extravagant approach to choosing a corporate relocation service provider for company relocations and expansions, it’s only prudent to now consider a more measured, more efficient approach to relocation.
One of the easiest ways for a company to trim relocation costs is to look for a firm that carries lower overhead costs to deliver their services. For an increasing number of medium-to-large companies, the choice of provider is a smaller, more flexible firm that can adjust their service delivery to the unique needs of each client.
This willingness to consider smaller service providers mirrors the change in the operating environment. For many businesses, the emphasis has shifted to being nimble and avoiding long-term commitments. A company that, as little as ten years ago, would have signed a commitment for 5 or 10 years, now want to maintain operational flexibility.
The fact is that in the current recession, it doesn’t make sense to commit to unnecessary services that are often rolled into the kind of “one-size-fits-all” relocation services “bundle” that are customary among relocation service behemoths.
Working with a smaller firm doesn’t require sacrifices for the relocation clients, either. By utilizing today’s excellent technology and judiciously combining resources with carefully selected partners, a smaller company can deliver just about any service a relocation client requires.
And when you’re the CEO or CFO, you like to see your relocation decision-makers proceeding cautiously with your company’s hard-won assets. Even for companies that would like to believe their business is strong enough to weather the current recession, with so many economic unknowns, trimming relocation costs allows a wait-and-see approach to determine if growth forecasts align with reality.
In the short term, small to mid-sized relocation services companies with solid service offerings, strong assets, and a stable,U.S.based workforce will provide the best options and values for relocation needs. For companies with relocation contracts ending in the near future, there is little to be lost by exploring more flexible and potentially desirable relocation options. If relocation is one of the choices for a business, a smaller relocation services provider can provide more flexible options to maintain operational flexibility, while still delivering a full range of quality services.
We always take the time to understand the nature of your business, its goals, and prospects for the future, and how we can best help you make the right corporate relocation decision for you. If a change in relocation may be in your future, give us a call. A short conversation could pay off dividends in relocation savings and benefits!