So, you’ve decided to expand your business to new horizons. Exciting times, right? But hold on a second—this means you might need to pack your bags and temporarily relocate. Generally speaking, if you’re trying to expand a business, especially a business that has a physical location (or will require one at some point), sometimes, there’s just no way around it, and you’ll have to just temporarily live somewhere else until anything is more smooth (such as operations).
Overall, when it comes to business ventures, these types of things are fairly common. Sure, it’s not always the most comfortable thing, either. But it’s not like you have a private jet or can easily buy a house like a billionaire could. Overall, yes, by all means, the idea of yourself, even for a short period, can be a bit daunting (that’s putting it mildly). But in the end, just don’t sweat it! That’s right, because you don’t have to worry about homelessness or being in a very uncomfortable living situation all in the name of your business.
You can get past this. There are plenty of ways to make this transition smooth and even fun. So, with all of that said, let’s dive into some options for managing your temporary move while you’re busy taking your business to the next level.
Are You Able to Do the Digital Nomad Lifestyle?
First things first, have you ever thought about becoming a digital nomad? If your business allows for it, this could be your chance to work from anywhere with a decent Wi-Fi connection. Again, it really depends because if you’re needing to be in a physical location for the expansion (such as setting up a shop or building), then you just won’t be able to achieve this. But if it’s all only online, then try to take advantage of this.
In fact, there are a lot of cities around the world that are incredibly welcoming to digital nomads, offering coworking spaces, networking events, and communities of like-minded entrepreneurs. Picture yourself sipping coffee in a quaint European café or working from a beachside hut in Bali. Sounds pretty great, right? It’s a fantastic way to blend work with exploration.
Consider Short-Term Rentals
Now, this really depends on where you’re planning on moving to, as it can be challenging to find short-term housing. So, with that all said, you’re going to want to look into what might be possible. You could look into options such as Airbnb, VRBO, and even local real estate agencies that specialize in furnished rentals that can be leased for a few months.
Sometimes, there are even corporate-based short term housing rentals that you might even want to look at, too, as these companies understand how temporary it’s going to be. Plus, they’re usually furnished, too. Plus, these places often come with all the amenities you need, making the transition much smoother. Plus, living in a local neighborhood can give you a deeper understanding of the market you’re expanding into. You might even pick up some local business insights that you wouldn’t have gotten otherwise.
Extended Hotel Stays
Now, this is expensive, but some hotels like Marriot and Hilton actually offer this as an option (the longer you stay, the cheaper it’s going to be). So this could be something to look into as well.