As a proud business mentor and the owner of CB Self Storage in Cambridge, I understand the challenges that entrepreneurs face when it comes to finding suitable storage solutions for their business needs. In this blog post, I will share my experiences and insights into business storage options, highlighting the benefits of self storage and offering useful hints to help your business thrive. Let’s dive in!
1. Archive Stock and Workspace:
Self storage units are not limited to storing excess inventory or equipment.
They can also serve as a workspace for your business. With small lockup units, you can efficiently organize your stock, set up a temporary office, or even run your e-commerce operations. This flexibility can be a game-changer, especially for startups or small businesses looking for affordable and versatile solutions.
2. E-commerce Business Considerations:
Setting up an e-commerce business can be an exciting endeavour, but it comes with its own set of challenges.
One common hurdle is establishing credibility with commercial agents, who often require a business credit history to prove stability. I personally encountered this issue when securing a warehouse lease. However, self storage units offer an alternative without stringent credit requirements, allowing you to start and grow your e-commerce business without unnecessary roadblocks.
3. The Space Conundrum:
Predicting how much space your business will require in the long run is a difficult task, especially when signing long-term leases. I faced this challenge when I realized my business needed to expand after just two years, but I was locked into a 15-year lease. Breaking the lease would have resulted in significant penalties. Self storage eliminates this problem by providing the flexibility to upsize or downsize your storage space as needed without long-term commitments or excessive costs.
4. Financial Considerations:
When comparing the costs of traditional warehouses and self storage units, it’s important to consider the overall value and flexibility offered by each option.
While self storage units may be slightly more expensive per square foot (around £18 psqft in Cambridge), they come with the advantage of all-inclusive pricing. Traditional warehouses, on the other hand, may seem more affordable (around £13 psqft), but they often lack the flexibility to adapt to your evolving business needs.
When it comes to business storage, self storage units provide a range of benefits that can support and propel your business forward.
Whether you need additional space for stock, a workspace for your operations, or the freedom to upsize or downsize as your business demands, self storage offers the flexibility and affordability that traditional warehouses may not provide.
At CB Self Storage in Cambridge, we take pride in helping businesses thrive by offering customizable storage solutions tailored to their unique requirements. Reach out to us today and unlock the potential of flexible business storage!