Self storage units are mainly associated with personal needs, renting them to put your belongings until you are ready to collect them. This can either be due to moving or having excess things and no room for them in the house.
However, note that if you don’t pay the rental on time, the belongings inside can be put up for self storage auctions.
Nevertheless, most small businesses and medium sized businesses have now preferred to use these storage units instead of renting warehouses because this is much more economical.
Below are 5 main benefits of these storage units for your business:
Temporary Storage Space
They help in ensuring that your business keeps running when you are relocating for various reasons like expansion, suiting your needs or downsizing. Shutting down your operations while you move could mean reduced profits. In case your new location is not well prepared yet, storing your business equipment could be necessary to help you in the transition.
Longer Term Storage
There are a lot of changes in the business world and some may lead to downsizing your business. By this, you may have excess equipment that you will not need but do not want to get rid of them. Storing them is beneficial in that you can always take them back when the need arises instead of buying others.
It is beneficial in terms of cost and security in that due to their small size, the cost is quite affordable. Most of them have twenty four hour security ensuring the safety of your equipment or goods.
You could also be able to save in terms of taxes since using these storage facilities for commercial reasons could be tax deductible but you will need consultation with your accountant.
You will also benefit in terms of getting special rates if you use storage facilities in different locations, depending on if the facility has other storage units in other locations and if your business has branches in other locations.
With these benefits, you can move your business, expand or downsize without having to worry about making losses, losing clients or having to sell your excess equipment. This will in turn ensure the smooth running of your business and continued growth.
The choice of storage facility you make will depend on the needs of your business therefore, you might want to look out for a facility that caters for them and also helps you by having affordable rates. You can now consider a storage facility for your business needs.