Many small business owners, looking for a warehouse for rent, would be wise to consider a mini storage as a solution to their space problems. In this article we will take a closer look at this possible solution. If you have questions afterwards you can call us at (817) 439-1380. We are Blue Mound 287 Self Storage in Fort Worth, Texas, and we will be glad to share our experience and knowledge about self storage with you.
The biggest problem a small business owner faces
In truth, the biggest problem a small business owner has faced, does face, and will face is available capital. Most, especially the ones just starting in business, are running on shoestring budgets. Those good at budgeting soon learn to work within certain spending parameters, and they manage to go day to day functioning quite well.
But what happens when business increases?
Oddly, a large increase in sales can trigger a larger problem. Increased sales means increased inventories, and increased inventories mean a need for more and more storage space. Now the problems begin.
Have you researched the cost of a warehouse for rent lately? Even the smallest warehouse for rent in your town is going to cost somewhere in the neighborhood of $1,000 per month, and we can tell you from experience that very few small businesses can handle that kind of increase in monthly expenses. So what should those business owners do? They need the extra storage space but they can’t afford the traditional solution.
Rent storage space
We know the owner of a Peet’s Coffee franchise who rents a 10’x20’ climate controlled storage unit for $150 per month and he keeps his excess inventory in that space. 10’x20’ is 200 square feet. It is enough room for about five rooms of furniture. In the case of our coffee businessman, he is storing cases of product, cases which can be stacked on top of each other, and he stores close to three-hundred cases of inventory in his storage space. Now which sounds better to you? A warehouse for rent for $1,000 per month, or a storage space which cost $150 per month?
Storage facilities make perfect sense for small businesses
Let’s look at the advantages of storage facilities:
- They are cheaper
- They have climate controlled storage
- They have 24/7 access
- They can be rented month-to-month
- You don’t pay for utilities
- You don’t pay any taxes on rental property
- They offer secure storage
In short, they offer everything a warehouse offers at a much smaller cost, and small businesses are all about smaller costs. Honesty, if there is a downside to this argument we can’t think of one, and the dozens of small business owners we deal with would agree with us.
So what about you? How does 200 square feet of storage space for $150 per month sound to you? Give your local self storage facility a call and find out if they have what you need to solve your storage problems, and if you have questions we would also be happy to talk to you about our experience.