Canadian Music Trade - December/January 2019 | Page 20

MASTER THE MOVE BY ANDREW KING Advice from Retailers, Realtors & More for a Smooth Relocation or Expansion When Dave Dudley opened Dave’s Drum Shop, his Ottawa-based drum specialty store, back in 2007, the crammed-but-cozy environment was undeniably part of its charm. Dudley had taken over the converted residential space at 390 Gladstone Ave. from Song Bird Music, where he’d worked as the drum manager for years prior, so he was used to the tight fit – as were many of the customers he inherited from the well-known store. Needless to say, it worked really well for him and DAVE’S DRUM SHOP his business for over a decade – “But I always had my eye open,” Dudley admits. He’s speaking with Canadian Music Trade from Dave’s Drum Shop’s new location at 270 Catherine St. in the city’s Centretown neighbourhood – a location he was carefully considering for three years before formally committing to the space in August 2017 and making the move in early 2018. In addition to practically doubling his showroom space, there were other enticing aspects of the move. His new location is just three blocks from the old one, and in terms of accessibility, is right across from Ottawa’s main bus terminal, just off of a main highway, and has plenty of free parking onsite. “I just said to myself, ‘I’ve been doing this for 10 years. I’m almost in my mid-50s. I’ve just got to do it,” Dudley recalls, and he hasn’t looked back since … or at least until now, to discuss his experience with Canadian Music Trade. DAVE’S DRUM SHOP 11 TIPS FOR MOVING YOUR BUSINESS TO A NEW LOCATION The Business Development Bank of Canada (BDC) has assembled a list of tips for businesses con- sidering a move to a new location. Check out the full article with advice from BDC Major Accounts Manager Michael Poynton at www.bdc.ca. 1. Be Proactive – Don’t wait too long to consider a move. 2. Analyze Your Space – Would a re- design or reorganization be a better solution than moving? 3. 20 Set Your Budget – What you can af- ford is likely the most important factor in narrowing down your options. CANADIAN MUSIC TRADE 4. Decide Whether to Buy or Lease – Each has its share of pros and cons. 5. Research Locations – Consider accessibility, parking and transit, con- venience for shipping and receiving, nearby services, zoning issues, room for growth, and staff needs 6. Negotiate Effectively – Having a trusted team of real estate advisors is helpful. 7. Create a Timeline – Work with your employees to plan out the transition. 8. Consider Your Inventory – Ensure you’ve got enough stock for an unin- terrupted supply for production needs and customers. 9. Give Yourself Extra Time – Transi- tions often take longer than expected. 10. Consider a Staggered Move – If possible, you can maintain both spaces for a short time for a minimal impact on workflow. 11. Communicate – Keep your staff, customers, and suppliers in-the-know throughout the process.