Tips For Relocating Your Factory

§ July 10th, 2017 § Filed under Business Services Comments Off on Tips For Relocating Your Factory

Are you planning on relocating your factory? Did you know, that factories cannot be located in any area as one wishes? There are many things to consider before relocating your factory in a new location. Here, are a few things that you should know.

Survey

You will need to get a survey of the present land and the land you’re intending to locate in. If you’re planning on extending your factory space you will need to get an exact survey on the how much bigger the land needs to be according to your requirements. You should also make to locate in a land that will cover your future requirements too. As relocating again, would mean huge expenses to the business. And use of other resources like human in less profitable aspects. The opportunity of relocating again too would be very high!

Government Regulations

There are many government regulations in regards to locating factories. Every government has its own set of rules and regulations. For some office buildings for sale the government will give you subsidies and have less rules and regulations. Whilst for others they will have restrictions and very strict rules that may hinder the smooth functioning of your factory. So always, before relocating a factory find out of the rules and regulation imposed there by the government. Keep in mind that the governments have the power to request you to leave a certain land with little or no compensation if they feel your factory violates any environmental rules.

Pollution

When it comes to factories, pollution is a major concern. Most factories are given quotas on the amount of pollution that they can release and the method of how it should be disposed. Factories in most countries are also expected to pay a fee for the percentage of pollution they omit. There are many industrial property for sale, that usually have less taxes and fees charged. This is because they are an industrialized zone and most such zones are out of residential areas. Visit http://www.landvision.com.hk/about/our-services-2/ 

Cost

Finally, the cost will pay a major role. When taking into consideration the cost involved, it is not only the direct cost of acquiring the land involved. The cost of shifting like employee turnover, the opportunity cost, the time and effort and also the other costs like transport that may vary. Sometimes suppliers may increase their prices of raw materials if the factory is located much farther than the original location. There might also be loss of customers due to the distance.

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