They say there are a few things that are recession proof, and one of them that does not usually come to mind are moving companies. In good times and bad, people are either moving in or out of houses, offices and storage units. Today, companies are not extending leases; they are downsizing or moving out into a storage unit while they re-organize and they use commercial movers to help.
Vacant commercial real estate is way up. As companies downsize or go under, movers are being called on to clear out unused space, tear down cubicles and move office desks into storage. When companies want to show the most support they can during this hard time, many offices ask their white collar employees to be the paid movers instead of hiring a moving company. Businesses that are about to go under can save money by using the employees they currently have instead of hiring a moving company. But that is usually the exception. Just last year, sources say that the nationwide, office space vacancy rose to 14.5 percent, with the prediction for it to rise to approximately 17 percent. That is a lot of offices that will need moving assistance.
Commercial Movers Moving More Than Cubicles From Office Spaces
Movers are often contracted by corporations to help move employees back sometimes across the country or state, if they were hired or transferred to work for another part of the company located in another state. This type of moving is called “repatriation moves,” and this one area of the commercial moving industry that is rapidly increasing. This kind of moving, sometimes to other countries, is very expensive and can be very lucrative for moving companies.
Even though the recession has commercial movers busy, there is a slight decline in other niche moving companies. These specialty movers for example are experiencing a decrease in business:
- Fine art moving
- Furniture sales moving
- Single family home moving
Companies in the future will be more careful about the wording in their contracts for new hires and likely limit the amount of funds for relocation, temporary housing and the length of time movers are expected to get a job completed. Commercial movers looking to get an edge over the competition will want to advertise their efficiency to get the job done fast, meaning cheaper, in order to get contracts.
It’s often the case people who still need movers, (not the commercial type) will look to more economical ways to move. Due to the economy, people are renting trucks and doing the hard labor themselves. If you are a company needing cheap labor, it’s likely that people are advertising for small jobs like moving or hauling and on the upside, if you need a job you might want to look into the commercial moving industry.
About the author: Melissa Peterman is a web content specialist for Innuity. For more information regarding commercial real estate or office space Go to Royal Commercial!.
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