Tips or guide on how to prepare your Self Storage or mini warehouse unit
30 November, 2020Advantages your company can benefit from when renting a mini-warehouse
By Alejandra Rodríguez
These are some of the advantages your company can benefit from when renting a mini-warehouse or self storage unit.
Warehouses or self storage unit are the center of logistics operations for many companies. But what is the best thing for your business: to be the owner of your own warehouse or to rent a mini-warehouse.
A mini warehouse or self storage unit is not a space where things are just stored. To be the place where logistics operations are carried out, they must have some special characteristics to be able to fulfill these tasks.
For this reason, the mini-warehouse must be thought of as a strategic and relevant decision to improve logistics processes and business work.
5 Opportunities
These are 5 opportunities that mini-warehouses or self storage units can offer your business to improve your operations:
- Higher earnings. Renting a warehouse allows the company to have a greater profit in its income. Construction represents a large expenditure of working capital and a long construction time that is higher compared to a mini warehouse that is ready to occupy at any time.
- Faster return on investment. The rental or lease value of a warehouse is a fixed expense which allows a faster return on investment compared to owning a warehouse. The return of investment of a self owned storage unit is very slow due to the high capital needs that the company requires.
- Cost efficiency. When a mini-warehouse is rented or leased, the costs are fixed, while if the warehouse is owned, these costs usually vary, which increases expenses considerably.
- Lower administrative costs. Warehouses for rent have the expenses covered and are shared among several tenants, which reduces costs, representing significant savings for tenants. Thus the company saves infrastructure expenses, administrative expenses such as technology, surveillance, maintenance of areas, public services, insurance policy, etc.
- Custom spaces. Warehouses for rent allow companies to choose the exact size they need, in addition, they have the quality of being able to be modified according to seasonal demands, being able to change from a large one to a smaller one and vice versa; making spaces more efficient and optimizing storage costs.
The rental of mini warehouses or self storage is the best option for companies that do not have the capital to make millionaire investments in infrastructure, or those that want to reduce expenses to invest it in business operations.