In this post, you’ll learn the top three reasons why you should rent a self storage unit for your business instead of leasing or buying a warehouse. If you’re in a hurry, we’ve listed them below for your convenience:
- Business storage units are cheaper than renting a warehouse
- Business storage units don’t require long-term contracts.
- Business storage units are scalable Want to learn more? Warm up that scrolling finger.
Why Renting a Warehouse May Not be Your Best Bet
Where do you see your business in five years? What about in five months? Hopefully you see it growing, acquiring new team members, new customers and—inevitably—more space to store your merchandise. This kind of growth is good!
Not so good? Expanding overhead costs that eat into your bottom line. Most business owners see this as necessary evil—the cost of doing business, so to speak. Not so fast!
Today, we’re here to challenge that conventional wisdom with three huge advantages to using self storage for business.
1. Business Storage Units are Cheaper
Let’s cut right to the chase—depending on your needs as a business, renting or leasing a warehouse can be prohibitively expensive! According to some estimates, the average cost to lease a warehouse for one year is $4-$7 per square foot. This range doesn’t tell us the whole story though. After factoring in your location and the rentable square footage of your building, you could be looking at two- to three-times the upper end of that estimate.
Sure, for some businesses, leasing or buying a warehouse makes sense, especially if you need a large amount of space. If that’s you, we aren’t here to discourage you from going that route. If you’re just getting started, though, and you need anything less than 1,000 square feet, you owe it to yourself, and your business, to consider self storage for businesses.
2. Business Storage Units Don’t Require Long Contracts
Things change. What made sense for your business last quarter might not apply in the next quarter. Renting a self storage unit for your business gives you the freedom to cancel anytime. Or, for that matter, the freedom to relocate to a more strategic location. Whatever the case, you aren’t locked into a long-term commitment, so you’ll be free to rent your unit for as long as you want.
3. Business Storage Units are Scalable
Some businesses are lucky, enjoying a steady upward trajectory month-to-month and year-to-year. Other businesses are subject to seasonal trends that cause normal fluctuations in demand at predictable times throughout the year. Renting a business storage unit gives you the flexibility to add on (or scale back) space as needed.
Grow Your Business with StorageMart Self Storage Solutions
At StorageMart, we’ve helped many businesses like yours reduce their overhead costs with easy, convenient self storage solutions. Whether you need space for inventory management or your office is quickly becoming disorganized and cluttered, our friendly staff can help you find the right business solution for you.