Most entrepreneurs who sell products online start working out of their home, using their garage or basement as a warehouse. If this is how you started your business, you know how quickly you can run out of space, especially if sales suddenly increase or if you expand your product line. As a good business owner, you know that you have to have products on hand to make quick sales and keep customers coming back for more. However, this is easier said than done.
Limited space and income restraints are just a couple of the reasons why small businesses fold. If you need more space, but aren't ready to lease a warehouse, you may be able to get what you need by renting a local storage unit. Following are ways a storage unit can help.
Provide Storage for Temporary Overflow
What can you do if you don't have enough product to fill a 7,000 square foot warehouse but you have too much to store in your home? You can rent a storage building to accommodate a small portion of your inventory. While this is only a temporary solution, it will give you more breathing room at home and allow you to explore all your other options. For example, some warehouses allow you to share space with other businesses. So, if you only need a corner to store your excess, you can rent it and take advantage of all of the other perks that go along with having a professional warehouse space.
This temporary solution is also a great idea for times of the year when your inventory is bigger than usual, such as the holidays. After all, there's no sense in renting warehouse space year-round when you only really need it for a few weeks out of the year.
Store Discontinued or Damaged Items
You can free up some space in your home by storing discontinued or damaged items in a storage building while you're waiting for the right time to send them back to your vendor. Since these items are already damaged or of no further use to you, you don't have to worry about renting a temperature controlled or indoor unit.
There are several ways you can use a storage unit (like those at Afford It Mini Storage) to give your online business a little boost and increase the amount of space you have to store your product. You won't have to sign a long-term lease. You can rent space month-to-month until you're ready to move into a traditional warehouse space.Share