Small scale businesses have always proven themselves as the back bone of the country’s economy. But small businesses have to face a real tough the competition imposed by big corporate sectors time and again. Small businesses have always managed to be a part of the race by following a very common strategy that is keeping their overheads low.
In the heated competition self storage has helped small businesses and given them a way out to lower their overhead expenditure. Self storage facilities are multifaceted and can benefit you in many ways. You can rent these facilities at an affordable price ranging from $ 0.75/square foot to $1.50/ square foot at an average depending over the type storage room you choose and the location of the storage facility. Most of the self storages are on monthly rental basis that sets you free from the long term lease which you have to otherwise sign in other rentals.
Self storage facility can serve as an office or a warehouse for your business, providing more flexibility to your business in many ways. The idea might sound a little odd to you but self storage can be a very good option for businesses controlled by electricians, plumbers, Pharmaceutical Representatives and many other such small businesses where bulk transfer is required outside the office. Let’s see in brief that how self storage has an impact on saving money for your business.
1. Reasonable- Hiring proper commercial spaces can cost fortune for small businesses, especially when there is slow down in the market. Large chunk of your investment gets blocked and as discussed earlier you even get stuck in the long term lease. Self storage on the contrary is hired on the monthly basis. You can also opt to pay rent in advance quarterly or annually and avail discounts
2. Security- The self storage facilities are very secure against theft as the storage facility owners take responsibility to provide full security. You do not have to hire extra security personnel as they have their own security guards 24×7 with no extra cost. Their security features include security alarms, CCTV cameras, automated doors which are pass code controlled at times and many more updated gadgets.
3. Warehouse and Distribution Hub- Self storage facility is much more flexible than just a place where you can lock your stuff and leave it secure Self storage can be much more functional than this. You can use it as a warehouse and distribution hub from where you can pack and deliver your consignment. This can help you reduce cycle time and loading unloading overhead charges.
4. Maintenance Savings, No Damage- There are accredited self storage facilities which are very particular about the safety of your belongings while they are stored in storage units. These storage units are climatically controlled and your possessions are well protected against heat, cold and humidity. Storage facilities are bound to follow all standard safety norms against fire, water and pests and ensure complete security. If you have to own a storage unit of this standard individually then the maintenance cost would rise too high and have an impact on your profits.
5. Discounts- Self storage facilities to attract their customers keep offering discount schemes which give more opportunity to save money.
6. Tax Deduction- There is a chance at few places that you get tax deduction if you are pre paying the annual amount. Tax deduction is also applicable in case you are relocating you storage unit, as per the applied rules and regulations of the law.
7. Add-Ons: Self Storage facilities give you more flexibility in operating your business from the storage facility itself by giving you some add-ons like meeting rooms, Wi-Fi facility and mail box as in the self storage Wandsworth which gives 24/7access to your mails. Some facilities also have services like fax and Xerox machine. See, so how much you can save by preventing buying all these facilities on your own. Not just money you save on time as well.
The multifarious self storage if chosen by an entrepreneur and utilized fully and smartly can give you many profits.
Author Bio: Lauren Addis is a professional writer. She has years of experience in Self Storage Services. She is very expressive and always wants to share her professional experience with her audience. She regularly writes Guest post about Storage services. She loves to spend her time with family and friends.
Small business always have problem of less space and most of there office rooms looks cluttered. So these ideas and tips are really very helpful for small business. I also recommend self storage units for heavy things like furniture etc. Also documents can also be stored in storage units because storage units provide very good storage facilities.
Hello, I consult for businesses and one of my clients is currently considering starting a self storage facility in Lagos. Your expertise will be very handy in its success.
You can send us an email and we would be glad to help you.