When we think of self-storage units, we tend to associate them more with our personal needs. We may downsize to a smaller home or prepare to move, and rent a unit to hold furniture and other belongings until we’re ready to claim them again. In business, one also requires space in which to work comfortably. When situations change at work, you may not consider renting a unit to hold surplus equipment, but it is a good idea if you plan to grow your company.
Shop around local storage rental facilities, and you’ll find some do cater to commercial operations. While not all have actual space where one can run a place of business from their property, there is the opportunity to rent space for a variety of purposes.
Why would you need off-site storage for your company. Consider these benefits:
1) Storage can help with relocation. Depending on the nature of your business, you may have to move in order to expand or downsize to suit your needs. If you can’t afford to shut down operations while you move, and your new location isn’t prepared, you can use storage as a temporary solution while you make the transition. Move away parts of the office until you’re able to transfer completely.
2) Storage helps as your business fluctuates. If you are forced to downsize due to various circumstances but are reluctant to get rid of surplus equipment and furniture, you can store what you do not need at the moment. As your company rebounds and/or you hire more workers, you simply get what you need.
3) If you are responsible for shipping products and don’t have the inventory to justify leasing a warehouse, smaller storage units may better suit your budget. Using an off-site property to hold your products is also a good idea so your assets are not all in the same place. Storage rental facilities often offer 24-hour security, so you know your inventory is protected.
4) Using storage for commercial purposes could be tax deductible. Consult with your accountant to confirm.
It is also possible that your local storage business may offer you a special rate for commercial needs. Research the possibilities in your area. If a company has more than one location, you may also find it advantageous to have units in more than one place if your business calls for it.
Self-storage may be a viable option for local businesses. Know your options and get a great deal.
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