Does Your Small Business Need to Be in Town?
The owner told me moving to an out of town location was a “no-brainer” because of the difference in business expenses. Water is a huge issue. At their current location within the municipality, she said, last July the water bill was $798.00. (The municipal water is metered.) On their rural property, in the same month, their water bill was only $50.00 – the amount it costs to run their well pump.
By moving her business out of the municipality, she’s also going to save money on municipal taxes, as taxes here are generally lower in the rural areas than they are in the towns. (And her taxes will be quite a bit lower because her rural property is a designated farm; she’s combining a blueberry/raspberry growing operation with the garden centre business.) True, she’ll have to pay for garbage services, but there will still be a huge tax difference.
She’s concerned, of course, about whether or not people will make the drive to patronize her business in its new location, as it is miles out of town. But she’s hopeful that they will. “The customers I’ve talked to are completely understanding,” she says. “They know what the economy is like.”
What about you?
Would it be possible to move your business out of town? And if it is, would the savings be worth making the move?
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