How Storage Can Help Your Business in London
London is one of the best places for any SME or start-up company. The capital connects to every business in the UK and throughout the world. Not only do a lot of top corporations call London home, but the city is also a hub of activity for start-ups, independent companies, and entrepreneurs with an eye for the future of their industries.
If you’re a business owner in London, you’ll know how important it is to keep your overheads as low as possible. At Safe Removals, we’re always looking for ways to help businesses in London save money. That’s why we’ve put together some handy tips on how self storage can help reduce your business’s outgoings.
Make Small Changes That Will Benefit Your Business –
There’s no escaping the realities many companies in London face with regards to rising costs. In fact, this goes well beyond the capital, and the changes in business expenses repeat across the UK. On top of increases to commercial rental rates, business rates are also set to continue their upwards trajectory, potentially plunging already struggling companies into the red.
That’s why we think there’s a concerted need for SMEs and start-ups to rethink their expenditure strategies. For many existing businesses, the thought of writing a business plan seems like a backwards step. However, there’s a specific aspect included in these plans that will set things out in black and white. The SWOT analysis is where you evaluate your business concept for any weaknesses. And we believe every company or venture in the capital should perform one.
It’s time to hunker down and take an axe to your outgoings without shifting the pain points to your staff. With some small changes to how you operate, you won’t have to compromise between your team members and keep your doors open. Let’s begin by looking at how self storage is the solution for several issues.
Storage Can Create More Space for Your Company –
One of the truths about running a business in London is that space costs, especially if you need more of it. If your current office or factory is too small and you need more room, then it’s worth considering how to keep costs low, should you choose to move. A lot of commercial rent prices in London are expensive, especially in the more affluent postcodes.
The first thing you should do is do some research. If your lease is up in the next year, check around to see if you can get more space for your money. It’s also worth noting down what your company’s needs are now and if they’re likely to change. You may be expecting more sales and an influx of new employees. That could mean more space for products and people.
However, you may like your current building, but you need more space. That’s where storage can be useful. A commercial self storage unit can hold a surprising number of items, and if you want to free up more space, you could move all your filing and products into a storage unit. That would free up a lot more room for your daily operations while saving you money on moving to a more expensive building.
You’d also have more freedom by using a self storage unit because there is no lease. Although there might be lower prices for long-term periods, you can generally keep your unit for as long as you want or need it.
Your Business Can Save Money by Using Storage –
There are some other areas where you can save money by using storage. If you have a relatively large commercial property, you could downsize to smaller premises and use a self storage unit. That way, you could use your new property solely for your day-to-day work and have an offsite storage unit that you can access whenever you need to.
Another option that many start-up enterprises are trying is using a storage unit as an alternative workspace. The reduction in the cost of renting a self storage unit and a comparable commercial rent for the same space makes financial sense to a lot of freelancers. The flexibility is also very appealing, as many people can down or upsize if their business needs change.
One of the deeper benefits of storage is its adaptability, which makes it possible for us to work with just about any business sector. Furthermore, we don’t apply minimum usage contract; you store as long as is necessary for your needs. Many businesses found out during the pandemic that a lease becomes a trap when unforeseen events land without warning. You won’t ever have to worry about that when using self storage – it’s on your terms.
Using a Man & Van Service for Local Distribution –
If you’re running a business that requires collections and deliveries, there are potential ways to thin your monthly outgoings. Local distribution often hides overspending due to the relative expenditure. It’s the perception that you’re paying less, so the value for money is better. You can test this by theoretically taking your last courier bill and adding two zeros. A collection and delivery invoice that says £5000 is probably going to cause a chill down your spine, but it might be acceptable to pay £50.
However, the actual unit price for the smaller invoice might be drastically higher. Therefore, even though your initial outlay is smaller, you’re paying more in the long run. This isn’t true for all courier companies, so it’s wise to do your homework before using them, in addition to checking their online ratings and reviews.
A lesser-known service that Safe Removals can provide is local distribution. And due to our affordable rates, you stand to lower your expenses for transporting goods and equipment (whichever is relevant) around London. And you’ll also receive a bump in service delivery when using us. We employ people who have a proven track record in this industry and have expert handling and packing skills. That means your items will be safe in our hands.
We’ll update you with details of every collection and delivery to ensure you’re in the loop. If you already rent a self storage unit from us, we’ll seamlessly link the two packages to create a comprehensive business service. You can then hand over the coordination duties to us to oversee and perform. We can also add stock control and low-end warehousing to your service.
Full Office and Commercial Removals Available –
We touched on this point earlier, but it’s worth revisiting through the prism of cost savings. One of the significant expenses all businesses face is their monthly rent. During the pandemic, many companies were barely treading water and found themselves battling to cover the cost of their workplaces. And due to their lease and contractual obligations, thousands were unable to continue trading.
While it’s true that we’re moving into a different phase now, we believe many of the same issues are relevant now. The businesses that we’re able to survive will be in a levelling exercise while undertaking the seemingly endless task of balancing the books. This can be stressful for anyone with this responsibility, especially SME owners who do many roles themselves.
One option is to study your current lease and work out when it concludes. Then reconsider your work premises to see if it’s possible to downgrade to something more affordable. You’ll have to assess the primary functions of your business to evaluate whether you can perform these tasks from a more modest building. Discuss this with an estate agent that specialises in commercial rental spaces.
When the time comes, Safe Removals will be on-hand to relocate your business. We have the experience and knowledgeable crew to perform any office or workplace relocation, including IT migration and dismantling/assembling specialist equipment. Our rates are below-market rates, and we strive to add actual value for every service we provide.
Safe Removals – We’re London’s Favourite Business Storage Specialists –
At Safe Removals, we aim to provide removals and storage to our customers to suit their needs. Many companies in London use us due to our specialist knowledge of how businesses operate. They know that we’ll turn up on time, we won’t cut corners, and we’ll do everything to reduce any downtime. We understand that time is money, that’s why we don’t waste it.
Safe Removals as various storage options available, and we’re ideally located for businesses in London. We offer removals and storage to every part of London and move throughout the UK and abroad. Our staff are friendly and always available to discuss our range of services with you. If you need to store your equipment and products while your company moves and only need it for a month, we can provide the service you need for as long as you require it.
We cover all bases to ensure the best customer service possible. Our team are specialists at working with businesses in London – make us your partner for storage to see how you can create more space and save money.
If you have any questions about business storage or any of our services, please feel free to contact us at any time.