If you operate a small business, finding enough space for all your stuff can be a challenge. The constant demands for inventory and limited room on your premises can make it hard to fit everything on site.
The good news is that you no longer have to make compromises, thanks to the self-storage revolution. You can keep all of the inventory that you need at a third-party facility and free up your workspace at the same time. It’s a win-win.
In this post, we’re going to take a look at what makes storage units great for small business owners. Let’s take a look.
Helps To Boost Profit Margins
Increasing the size of your premises is not cheap. Building a new warehouse or extension to your existing site is a significant investment and not something you take lightly. While expanding your premises to accommodate more employees is understandable, doing so for inventory storage purposes only usually isn’t. There are much cheaper ways of increasing space.
Self-storage is the obvious solution and makes it possible to ramp up your storage requirements without having to make substantial capital investments. You just pay a fee for the time you need to use the space, and then nothing when you’ve finished. The expense is minimal.
Offers Greater Flexibility
Small businesses are continually growing and changing. Staff come and go at a regular clip, and your equipment needs rise and fall over time.
Many company owners, therefore, invest in self-storage. It allows them to store computers, desks, printers and other equipment that they can use when the need arises, such as after hiring a new employee.
Self-storage is also highly utilised by seasonal businesses. People tend to buy more ice cream in the summer and holiday merchandise in the winter. Third-party storage facilities allow companies with seasonal demand to store their products and equipment for when it’s needed, without having to waste it or repurchase at a later date.
Self-Storage Companies Charge A Flat Rate
As a business owner, the last thing you want is to have to worry about yet another variable cost. Variable costs make budgeting difficult. Self-storage companies typically charge a flat rate, making financial planning much more straightforward.
Save On Office Rental Fees
Renting offices is not cheap. Not only do you have to pay the property owner for the use of the space, but you also have to pay business rates to local authorities.
Self-storage, however, doesn’t attract taxes because it is not counted as an extension of business premises. On top of that, it gives you the space you need for files, folders and other bulky items, enabling you to downsize or work from a home office.
Improve The Layout Of Your Premises
When you have to store stuff on-site, it puts restrictions on how you can arrange your site. You might like to adjust the floorplan to make your business more productive, but can’t because of your storage needs.
Again, self-storage can help. With self-storage, you can free up space and rearrange your office as you see fit.