For a lot of companies today, outgrowing office space is a common occurrence once sales pick up. Managers often find themselves needing more space to store supplies and other essentials needed to run the business. For some small business owners facing direct competition from larger retailers, they look to rent warehousing space to fill that gap.
Renting a warehouse, though, isn’t the only option business managers have. Another is to rent self-storage units instead. Some business owners might assume that a warehouse is a better option — it’s likely to be much larger, giving them the space they might need as the business expands further.
On the other hand, there are certainly advantages to using self-storage units instead. Let’s take a closer look at how warehousing space compares to self-storage units.
Why Do Businesses Look at Warehousing?
Warehouse storage allows businesses to store goods with the intent of selling or distributing those items at a later time. This can be an attractive option for many small businesses, since warehousing offers them both short term and long term storage solutions, and can seem suitable for companies of all sizes and stages of growth.
However, warehouses tend to be rather large, and the cost represents a major capital investment for the company. If you’re not planning to use this kind of storage facility for long term management of the distribution of your products and supplies, the expense may outweigh the advantages.
And if you need to store products, goods or supplies but don’t expect to need more than 1,000 square feet of space, business self-storage can be a much better option than renting warehouse space.
Why Are Self-Storage Units Appealing for Businesses?
Businesses look to self-storage facilities for the same reason that individuals and families do: because they’ve run out of space to store everything. Self-storage facilities are appealing to both because the additional space they get offers them 24-hour access, so they can retrieve whatever is needed at a moment’s notice. They can also take advantage of short-term month to month rentals. And unlike large warehouse space, businesses get different options for the size of their storage unit, from as little as 600 square feet to thousands of square feet.
But there are other advantages to using self-storage. They include:
While warehouse space is usually clustered in industrial areas on the outskirts of a city, storage units like the ones at Treasure Island Storage offer multiple urban locations that are easier to access. Due to their size, warehouses tend to be outside of areas where it’s easy to find other small businesses, so it can mean traveling a much longer distance to get to one. That’s a challenge if you’re going to need to quickly access the items you’re storing.
That’s why having your storage facility close by is a great benefit, and it’s why companies like TI Storage stay within city centers.
Security and Protection
Warehouses are often located in areas off the beaten path, making them vulnerable to burglaries if they’re not monitored 24 hours a day. A self-storage company like TI Storage, on the other hand, makes security a top concern, which is why they have advanced digital monitoring that includes video surveillance, front gate security, outside and indoor lighting, and staff monitoring as well.
By renting warehouse space, you may need to invest in hiring security workers for nightly patrols, or purchasing alarm systems. At self-storage facilities, those costs are either fixed into your monthly rental fee or come at no additional expense to you. Every unit you rent is locked exclusively by you as the business owner.
Commercial self-storage can be far more cost-effective than renting a warehouse. Leasing a warehouse can set you up for a lot of added costs, including:
- Electricity and other utilities
- Additional personnel
Despite that, it might sound like a cheaper option if you’re planning to rent on a long-term basis. But there’s no question that your storage needs can change overnight; a slow period during the off-season might mean you’re paying for space you no longer need. Self-storage gives you flexibility because if you’re renting a larger unit and no longer need that much space, you can simply transition to a smaller unit. And all you’re paying is a flat monthly fee.
With a warehouse, you could also get tied down to a contract that makes it impossible to move out if you find a better deal. Business self-storage provides simplicity for your storage needs.
You don’t need to hire additional personnel if you rent a self-storage unit — they have office staff on hand to manage the facility, ensure it’s well protected, and are available to answer questions and help you deal with any issues that arise. The units at TI Storage are climate-controlled so you don’t need to worry about utilities either.
Finding a reliable and secure self-storage facility allows you to store what you need while enhancing your business cash flow due to the cost savings, and it helps reduce the stress of running a successful business. Compared to warehousing, a self-storage unit can give your business a lower-cost solution, more flexibility for your changing business needs, a high level of security and no onerous contracts to deal with.
Discover TI Storage for Self-Storage Solutions in NYC
If you’re in need of a storage unit, look no further than Treasure Island Storage. Whatever it is that you need to have stored, TI Storage has a variety of climate-controlled storage units to suit your needs, and you can access your belongings 24/7.
Located throughout New York and New Jersey, Treasure Island Storage is guaranteed to be the top choice for self-storage near you. Simply locate the Treasure Island Storage in your neighborhood and stop by. Our team of storage solution associates is happy to show you around and help you reserve the unit you need. Contact us today!