Lots of people assume that self storage is something that can only benefit domestic users for house moves, hobby storage and similar activities. Savvy business owners know better, though. Self storage is an asset to businesses, and small businesses in particular because it has so much to offer for such a reasonable and competitive price.
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Most small businesses start off in the garage or in the spare bedroom because the idea is big, but the business still has a lot of growing to do. Financially, that means that there isn’t room for a warehouse or an office – it’s all in-house (as in, your literal house). Whilst that will do for a while, there will come a time when you need some sort of storage space for your business. You will outgrow your kitchen table, either because of your inventory or your need for more space to process orders, or any other reason that means it’s time to expand beyond your home. So what do you do when you can’t afford commercial space, but you also need to grow the business beyond the kitchen table? You consider self storage…
Self storage is needed when your small business is simply outgrowing your home. Whether you have inventory too expensive to risk storing in the garage, or there is too much to actively fit into the garage there is a time when every small business has to expand. The problem is, standard commercial storage is risky and expensive, leaving you wondering how you can grow without the associated risk and cost of standard commercial options. This is where London self storage comes in. It has so many benefits and none of the associated drawbacks you get with commercial storage options. Let’s take a closer look at the benefits of self storage for small businesses:
One of the biggest benefits of self storage for small businesses is the flexibility. Businesses can hold stock, move stock, do fulfilment, buy in bulk, organise inventories and more in a clean, secure and affordable local storage space. Even better, you can do that very quickly with a speedy contract setup, and an equally quick contract ending process. So if you quickly lose money, have a low season or a busy season, the option is there to get storage and stop paying for storage whenever you need that flexibility. Even better, you can pick and choose the size of the unit and size up or down when you need to. Units are as small as gym lockers and as big as football fields, so there is constant flexibility for you to utilise.
Many self storage facilities will allow you to use the facility for purposes beyond storing your inventory. You can compare self storage prices here. Many offer the ability to use the space as a fulfilment centre, or even as a working office. It depends on the company, of course, but lots of facilities are now offering electricity, climate control and other benefits businesses can use for purposes beyond storage alone.
Some small businesses don’t have a big inventory, as such, but they have paperwork that needs archiving. There are laws around sensitive documents and how long you have to keep them, and so self storage can be helpful with that by giving you the chance to keep those items in deep, secure storage without having to use up space at home, or in a commercial space you rent out.
There are lots of helpful extras for small businesses who use affordable London self storage. One handy service is taking deliveries, something many self storage facilities will do at any time of the day. This gives you the option of being a little more flexible with deliveries, allowing greater ability to focus on other matters and tend to deliveries when it suits you. Good local self storage facilities will also offer packing, equipment hire, pick up and drop off services and more for additional fees.
Self storage has the kind of security you would expect it to have – second to none. They are in the business of keeping your things safe, so it makes sense that they will have multiple layers of security across the business. CCTV, security guards, multiple lock points, lighting – there should be impressive measures for security that go far beyond what you have at home or at your commercial warehouse/ office.
If you are unlucky enough for a business to go bust, it helps to have affordable self storage for stock holding until the paperwork is sorted out. Stock is held in a secure and safe place until it is sold, or re-utilised for another business venture.
Compared to other storage options, business self storage is incredibly affordable. The rates are much lower than a warehouse or office space, and you’re not tied in for six months or a year either. It is a good idea, though, not to look for the cheapest option for your business storage, but rather the best value for money, so that you’re getting as much as possible for your financial investment, however minimal it it.
When you rent a self storage unit for business you get a lower tax bill, avoid business rates and don’t have to pay overheads for gas and electricity. So the costs are not only affordable with business self storage, but you’ll also save money in other ways too.
Why not speak with your local self storage facility today about how they could support your small business? Such a flexible, affordable and useful service can only be beneficial to a growing business like yours, so why not take the next step towards utilising it by enquiring about it today?
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