Need More Room? 4 Ways Storage Can Benefit Your Business

Published: May 21, 2021

Most businesses have storage needs. Whether it’s for inventory, office supplies, workplace furniture, seasonal signage, or spare technology, companies need space for their operations. With all of the expenses that add up on a day-to-day basis, we are all understandably looking for sensible ways to improve efficiency and cut costs. Renting additional space may not be the first thought that comes to mind when brainstorming ways to save money, but we’re here to walk you through how storage can benefit your business by being a useful cost-saving measure and helping grow your business. 

Save On Rent

In the last decade, rent has been steadily on the rise. This trend is particularly true for metropolitan areas and their surrounding suburbs. Trying to make sure your storefront or office space is the right size for your business is essential. While you want to make sure you have enough room for your employees, products, or manufacturing, you don’t want to be paying extra rent on space that you may not need. That’s where storage comes in. Why pay for the square footage of expensive rent when you could use affordable storage instead? With this option, you can reduce the size of your workspace and have a consistent area to keep your surplus materials and supplies nearby. Plus, storage rental offers flexibility. If you need to expand or downsize, doing so is much easier than moving your business to a completely different place. 

Buy In Bulk 

We all know that a great way to save money on buying products is to do so in bulk. There are often great discounts offered when purchasing larger quantities. And usually, the greater the amount, the greater the discount. These savings are also relevant for companies who are manufacturing their own products. It is likely more cost-efficient to create more at a time. But the big question is, where do you keep the overstock? Once again, storage to the rescue. Storage space can quickly pay for itself when you consider all of the extra individual shipping fees per order and the extra cost per item of ordering and producing smaller quantities. 

Maximize your Work Space 

When renting, every square inch of your workspace is a precious commodity. Wouldn’t it be great if, instead of using that huge closet space or back room for storing items you only use once a year, you could keep more inventory and turn orders around more quickly? Or you could even create additional office space for your staff or more seating for your customers? Whatever your business needs might be, freeing up space in your business will likely enable your company to grow and increase productivity and revenue. Store low-use items in a Unit and make every inch of your space work for you and your employees.  

Hold Onto Items You Can Reuse 

When operating in a scarcity mindset, you may need to unload items that don’t have immediate use. For example, perhaps the number of employees you hire changes year to year. What do you do with that extra office chair, desk, and computer? If you are tight on space, you may get rid of some of these items only to turn around and find yourself needing to repurchase in the next year or two. With inflation, there’s a good chance these items are increasingly expensive. Save money in the long run by storing things you know you may need again in the future.  

These are just a few of the ways that being creative with storage space can help your business thrive. Units make the process of renting storage easy. Once you decide you’re ready, Units staff are available to talk and work out a rate and storage solution that is best for you. Not only that, but we will drop off a Unit at a location and time convenient to you. You can load in your items at your own pace, and once you’ve finished, we will carry away your storage unit until you need them again. Give us a call at (443)842-7400, drop us an email, or fill out a form on our website to start the conversation.