Entrepreneurs are all about maximizing profit and minimizing expenses. If you accomplish this goal, then your startup company will have a positive cash flow moving forward. However, no startup company can survive without time and space. Space is a commodity that businesses use to their advantage.
Entrepreneurs often invent a product and store their inventory inside their home, then it suddenly becomes popular in the marketplace. The biggest problem facing these entrepreneurs is locating a larger space to hold their popular products. Self storage units are a good choice for startup entrepreneurs looking to grow their businesses. There are some things you should do before choosing a storage facility to make sure you get the most out of that space.
Why self storage is a good choice for startup entrepreneurs
Many startup companies are using self storage facilities to hold their inventory. These companies are able to maximize on saving money by using self storage facilities for a short period of time. The savings help to make the necessary adjustments to the budget when the time calls for expanding the business. A three month rental lease, for example, will allow your business to grow and you can expand your self storage space when the time is right.
Advice for renting your self storage unit
Before committing to a lease with a self storage facility, research the different facilities in your area. You will lose money on the deal if you are renting from an unreliable source. Also, confirm that all possible damage that may occur in your self storage unit is covered under your current insurance policy. If you do not have insurance, it would be wise to insure your inventory immediately. Check to see if your insurance policy has a provision that includes being covered for any burglary loss.
Try to find a self storage facility near your offices. Keep in mind that a far away unit means a longer commute to pick up inventory, which can be a burden if you are extremely busy. Finding the best storage unit will directly contribute to profitability made in your first fiscal year.
Sparky’s Storage Solutions in Amarillo, Texas offers many services including an access controlled gate and closed-circuit recording surveillance cameras. Call us today at (806) 353-9500 or Contact Us by email for more information about the sizes and features we offer. You can also visit our location at 7550 Golden Pond Place.