Articles


Business Relocation: Taking The Hassle Out Of Your Move

by Howard Brule

In a national study, job relocation was listed as one of the top ten most stressful events in life. If the transition isn't handled smoothly and carefully, it has the potential to disrupt lives and do psychological damage. Therefore, there are some things a person planning on relocating for a job needs to know to keep moving and the transition to the new job location as easy as possible.

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.

Regardless of whether you will be reimbursed for your moving expenses it would be wise to hire a full service moving company. Their services will bring a great reduction to your stress level. They will be able to help you in packing some items, they will load them, and they will do the moving to the new location. Whether you normally hire a service when you move, you should seriously consider doing so at this time due to the stress level of employee relocation.

Expect to take around a month or so settling in, and let your employer know that you need a bit of time to unpack and adjust to things. Take the time you need to get used to what is expected of you at work, and don't hesitate to ask for a bit of leniency if it seems like it's needed.

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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