Does your Business Startup Need
Storage Space?

Business Storage

Almost 5.5 million businesses were started 2023, according to the U.S. Census. That’s a lot of businesses. And with starting a business comes the need for space. But as most small business owners can attest, the budget for a large leased space isn’t typically in the cards. Most businesses start off by renting space that is under 1000 sq. feet. After getting the desks, computers, cubicle walls, and other items in place, owners don’t have a lot of space for anything extra. While they could rent additional office space to store additional items, the cost to do so is prohibitive.

One alternative would be to put extra items in the owner’s basement or garage. But doing so can be problematic. Water damage, temperature fluctuations, rodent or pest issues can and do occur in these types of environments.

A logical substitute is to rent a storage unit. Below is a list of reason for why this can be your best choice when needing extra space.

Space Savings

When you lease space, your first thought is to get enough space to accommodate you and your employees. This makes sense, given that they are most important assets. But that leaves you with precious little room for anything else. And renting extra space for things that don’t contribute to the bottom line isn’t a financially-sound idea. That’s where renting a storage unit does make sense. The lower monthly cost of a storage unit is perfect for storing filing cabinets, office supplies, advertising materials like trade show booths, signage, banners, extra desks and chairs, and more.

Safety

The advantage of a storage facility has over a place like a garage is in the protection and security it offers the renter. Typically, facilities feature 24-hour video monitoring, pin-coded access points, high-security locks on the units, and perimeter fencing around the facility. They also have a store manager onsite for a good portion of the day. In addition, by providing your employees with separate pin-codes, you have the ability to know who has accessed the unit and when.

Document Storage

Document Storage

As a business owner, you know that keeping your business documents safe and secure is extremely important. For tax purposes, you need to hold on to your business documents for several years before you can shred or throw them away. By keeping them in a storage unit, they will not be taking up space in your office, and can be accessed when occasionally needed.

Inventory Storage

If you run an eBay business or own a small retail shop, you probably know that room for inventory quickly becomes an issue.  By renting a storage unit near your place of business, you can easily replenish your stock on a moment’s notice. Also, by putting this inventory in a dedicated space, you can organize it much more effectively since the space won’t be vying for position with other items in the backroom like reams of paper and cleaning supplies.

Separation

In the unlikely event that your office has an issue such as fire or water damage, storing inventory or valuable equipment in the same location can have a devastating effect on your company. By separating these items in another location, you can hedge your chances of being wiped out completely, or having your business interrupted while you work with your insurance company to replace the items.

Prescription Storage

Pharmaceutical Rep Storage

If you work for a pharmaceutical company or medical device company, you’re often required to store samples or equipment. Many of these professionals choose a storage facility that is in the middle of their territory so that they’ll have a centrally located place to retrieve their samples.

Convenience

Most storage facilities have long access hours, which makes them a convenient solution to business startups that regularly need to retrieve items from their storage units.

Conclusion

Every dollar counts when starting a business. So, when thinking of how much space you’ll need, consider using self-storage as the cost-effective way of making the most of your space budget.

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