Business Premises – An essential asset or a vanity driven drain on profit?

5th July 2017

Business Premises – An essential asset or a vanity driven drain on profit?

Twenty years ago start-up businesses and established trades, would put premises as the first thing on the shopping list. 

The rapid rise of the internet and e commerce now asks businesses to consider if premises are really needed.

Self-storage businesses are opening up and down the country, in fact it is the second fastest growing industry in the UK. 

Many people believe these facilities are purely for house movers, hoarders and fans of Storage Hunters! The reality is very different.

Self-storage operators can provide solutions to a virtually limitless number of businesses looking for storage. 

A quick look through our own customers shows us the true variety of businesses using us. 

The ease of access (in our case 24/7)  and the lack of traditional premises costs make self-storage facilities an attractive option. For example, no utilities, business rates or buildings insurance to pay with a self-storage unit.

Minimum term rolling contracts provide excellent flexibility and can really help with cash flow. Low monthly payments instead of quarterly in advance.

A quick look round a facility will show clean, secure surroundings to use for your goods or equipment. CCTV & electronic access control will be found at any respectable operators facility.

When many of these factors are taken into consideration the benefits start to add up.

‘Cash is king ‘and the more that can stay in your business, potentially means more profit at the end of the year. A switch to self-storage premises could dramatically improve profit margins without the need to increase sales.

Ask yourself a question – Do you prefer vanity or profit?

Whether you are an established business or a start-up, a trip to your local branch (in our case Southampton, Salisbury or Gosport) could end up being a great business decision.