Self Storage for Startups
As a startup, or small business, using a self storage facility to hold your inventory can make serious economic sense. Holding stock in a warehouse, before your business is ready, can result in serious damage to your company.
Why use Self Storage ?
Storage Panda recommends that startups who deal in product, should use self storage as their warehouse. Rather avoid getting a two-year lease on an expensive location.
Self storage facilities can provide that much needed flexibility, that startups require. Typically, for a self storage unit, you’ll sign a month-to-month lease. Occasionally it can also be a 3 month lease for self storage.
Also, small businesses can easily expand the storage space needed as they grow. Rather than having to look for different warehouse space. A business simply need discuss with the facility what their needs are. Most self storage facilities are ready to accommodate and add extra units, as and when the smb requires. Some smb’s can occupy as much as 50% of a single self storage facility.
Self storage facilities can ultimately help startups avoid financial commitment. Which can be pivotal to a company’s survival in the long run.
Consider the self storage Security.
Storage Panda also recommends that business owners talk with their insurers before moving their inventory. This is to ensure any losses are covered. Although most facilities in South Africa have security as a number 1 concern. It is always advisable to insure inventory against weather damage, theft etc..
Further, a startup should consider which amenities are important for protection of inventory. Whether it is climate control, CCTV, Electric fencing or just having your own personal lock on your unit. Businesses should always take this into account. It can also affect your premium.
Lastly, remember that should you choose self storage for you stock. Your inventory will be locked in possibly multiple units. This further enhances the security factor of your goods. It means multiple points a possible criminal would have to penetrate. This in itself, can be a deterrent to the criminal mind.
Consider using Storage Panda to find your ideal self storage facility. On Storage Panda, you can filter your search to only find the most secure self storage. Check out Storage Panda today.