For many businesses that are managing to grow their operations, there comes a time when the amount of physical space at the business premises becomes a limiting factor on the business output.
This can be a difficult problem to solve for many companies and may result in lost work and the inability to bid for new contracts. The cost of relocating to new premises can be massive and finding the right premises, at the right cost is becoming ever more difficult with a shortage of commercial premises across the UK.
So what options are there when space becomes your limiting factor. Read on to find out our recommendations.
This is possibly the lowest cost way to free up some space at your business premises. In most cases temporary storage facilities can be hired on a rolling monthly basis. When the need for the extra space comes to an end you simply give 30 days notice and hand back the keys at the end of that time.
Other benefits may include 24 hour on-site security and CCTV facilities and even 24 hour access to your storage space.
We spoke to The Strorage Works about their storage facilities for businesses. They told us “Self storage isn’t just for people doing house clearances. We frequently lease storage space to businesses who need some extra room. Our most recent business client has recently upgraded some machinery at his manufacturing plant. The old machinery is stored here while it is waiting for a buyer. The business owner simply didn’t have the space for the old machines when the new equipment was installed.”
Warehousing and Warehousing with Shipping
For manufacturing businesses, outsourcing your Warehousing or Warehousing and Shipping needs can bring savings in both costs and in space.
Imagine only needing the space for one days manufacturing output in your warehouse. Using an outsourced warehousing solution could make this a reality. Daily collections of the previous days production can be arranged. Your products are taken to a storage facility where they are held until they are ready for shipping to your customers.
This solution can free up more storage space for raw materials or even the re-allocation of storage space for other business uses.
We spoke with one of the UK’s leading warehousing and shipping companies, Masters Logistical who told us “Using our Warehousing and Shipping services allows businesses to use far more of their business premises for manufacturing. Our services also cut costs for our customers – they don’t need to have their own fleet of delivery vehicles. Our same day shipping network gets their products delivered to their customers, wherever they are in the UK.”
When your business is starting to feel limited by the premises that you’re in it’s time to think creatively about the use of that space, especially if relocating just isn’t an option. In most cases reducing the space devoted to storage will yield the most space that can be used for other purposes.
If you have recent experience of freeing up space in your business premises and would like to share your experience and solutions, please leave us a comment on this blog. As always thanks for reading.