New ventures renting out a commercial self-storage unit is nothing new or unheard of. In fact, it is quite the norm. Entrepreneurs launch businesses with passion and careful planning.
The idea of renting a storage facility for storing merchandise and products is quite feasible for companies. It lets them test out the waters, comprehend the actual demand and supply statistics, and formulate an effective logistics plan for the future.
Business storage is more common than you think. Let alone entrepreneurs and even large businesses tend to lease warehouses and storage facilities to store their products. It’s a great way to avoid any worry regarding storing and securing the facility and focus on the actual business.
Self-storage facilities are aware of the massive demand for . They cater to business clients by giving them a fair deal and introducing exclusive packages and deals for long-term business storage clients. It becomes a win-win situation for both the clients and storage owners, and it’s great for the economy too!
Below are some interesting facts you should know if you are renting a storage unit for your business.
- Economically efficient
Businesses of all kinds need to make a profit in order to survive. More profits mean business is growing and expanding. Renting a self-storage unit in comparison to buying one is a wise business decision. You can put a cap on overhead expenditures by just renting out a large storage facility for your products.
You can save on electricity, staff, and security bills if you rent out storage space. Renting a storage unit near your office or production plant can also save you transportation costs. Making a long-term deal on a commercial storage unit can help you save additional cost, isn’t that amazing!
- Stress-free working
If you want to put all your focus on your business, renting a self-storage unit might be the perfect breakthrough for you. When you hire a third party to take care of your product storage, you get more time to focus your attention to grow your business.
Worrying about factors like safety, climate control, ventilation, and humidity of storage units are duties of the storage owners. You do not have to fret about any of the above factors. Once you hand over your products, you can be stress-free.
You have fewer things to worry about. You have more time to put in the expansion of your business. Some of the storage companies go as far as scheduling pick-ups and drop-offs of your stuff. Now that’s what you call facilitating the customers.
- You can expand your storage any time
When you start a business, obviously, you start small. Small businesses are often sceptical at the start. They hesitate to put all their eggs in one basket. You can rent out a small storage unit for your product storage and expand along the way.
There is no need to invest a huge amount in renting a large storage unit you are not fully utilising. Paying for unused space is a bad idea at the start of any business. Luckily you can always add storage space if need be.
You can upgrade your storage unit size by paying for extra space. You don’t need to over-commit or rent our extra space for the future in advance. When you sense things are picking up a business, expand your storage accordingly.
- You get more space
Having a cluttered work environment can hinder your company’s performance. With official documents and extra furniture laying around the compact office, it really becomes difficult to focus.
Even if you have a small working space, you can make the most out of it by transferring all the clutter, documents, files, and folders into a storage unit. You can store the extra, unused furniture and use it once you expand your team or get a bigger office.
It’s a great way to expand your compact space by making it free of any clutter. You will get more creative freedom once you take out all the unnecessary stuff.
- You get access anytime you want
Commercial storage gives most of the control to the business owner. You can get in or out anytime you want. Most storage units have around-the-clock access, but still, you might check with your service provider.
You also control authorising who enters the storage unit, and you can get keys made for your trusted employees or appoint a specific person for this purpose.
The around-the-clock access is great for businesses as transportation and distribution logistics often happen at odd times. Small business owners get complete freedom to come and go to store products, take inventory, or keep records.
- You get free security
Yes, you read that right! Even though you are paying for the storage unit, you get added benefit of security with it. Commercial storage companies usually have CCTV coverage, secured entry and exit points.
Look for storage companies that prioritise the security of the facility. You can always opt for additional protection on request if you think your stock holds excellent value.
Having not to worry about the safety of your products is a big relief as commercial storage owners pay special heed to it. If you require, you can also go for some expensive renting in-door fully secured business storage for your products.
- You get insurance coverage!
Imagine if your entire inventory went down to ashes, or better yet, don’t imagine that! New businesses cannot afford any setback as they have a very thin security net to fall back on.
Businesses often face setbacks in the form of theft or arson, but the good news is you don’t have to worry about it once you rent a business storage unit. Having your storage unit insured will make sure you have peace of mind regarding the safety of your products.
You can get your storage unit insured for liability against any damage. Insurance companies happily provide services to insure storage units. Once you have a good insurance plan in place, you can go back to focusing on your business.