Nowadays, many businesses operate exclusively online instead of maintaining a physical store. However, many products and equipment still require storage. Self Storage Company Lagos is becoming increasingly popular among e-commerce companies for the following reasons.
Portable Storage Units are a cheap, flexible solution for companies that operate online rather than in brick-and-mortar stores or offices.
1. Low Price For Maintenance
The cost per square foot of self-storage units typically falls much lower than that of traditional office spaces since they are typically located outside of city centers. You don’t have to rent a warehouse that may be full during peak trading times but half empty the rest of the year, so you only pay for what you use. Prices for self-storage vary across the country, but they cost according to per square foot per year, making them an extremely cost-effective option.
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2. The notice period of short duration
Business owners are reluctant to sign long-term contracts for warehouses and shops in today’s uncertain economic climate. As many business owners know, modern businesses can experience periods of peaks and troughs, with some periods of high activity and some periods of quieter activity. Most self-storage providers will accept a month’s notice, and some even offer a week’s notice.
Hence, mywarehouse.ng is the perfect place where you can get the reliable storage place.
3. Expandable
Businesses can also expand easier with self-storage due to its flexible lease terms. Startups can start small and expand later as the business grows. This is especially useful for new businesses.
Profitable and unprofitable times are experienced by e-commerce businesses. Storage space may be needed when business is booming but less when business is slow. Depending on how business is going, self-storage allows you to increase or decrease business spending quickly.
4. Business rates are not applicable.
Although VAT was introduced on storage space in 2012, businesses can claim it back and don’t have to pay any business rates on any storage space they use. Rates should instead be paid by the owner of the storage facility, according to the Valuation Office Agency.
5. Insights into security
The majority of self-storage units are equipped with CCTV cameras, which ensure the security of stock and equipment. Self-storage containers also provide companies with the security of knowing that only they can access them, unlike warehouses.
The relatively small investment required to set up is one reason why online companies have increased in number over the past few years. Starting a business is far more cost-effective than ever before because there is no need for a fixed store or location. As their business grows, many of these e-commerce companies will need more substantial storage facilities to store their equipment and products.
Small businesses are now turning to self-storage for their storage needs instead of taking on a long-term lease, which eats into profits. Self-storage is a flexible, cost-effective solution that can easily be expanded as the business grows.
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