While a warehouse can be a fit for larger companies, many small businesses find good value in commercial lease space.
If you operate a product-based business, there might come a time when you need to consider a commercial lease to gain extra storage space. While many larger companies find good value in warehouses for shipping, storing and receiving goods, it isn't always a practical option for smaller outfits.
Warehouses tend to be favoured by large-scale:
- Manufacturers
- Wholesalers
- Distributors
However, many businesses in the retail and professional service sectors are turning to commercial storage to handle their excess products, materials and files. Here's why:
1. Security
Whether you rent or own a warehouse, you're usually responsible for keeping it secure, requiring additional expenses for:
- Alarm systems
- Security patrols
- Video surveillance
Plus, if you're renting a portion of a warehouse, you also have to worry about potential product theft and damage by other users.
On the other hand, Kelowna commercial storage companies like Space Centre Storage maintain 24-hour surveillance on their secure premises so clients don't have to worry.
2. Climate Control
If the products you're storing are sensitive to temperature and humidity, you'll need to take that into consideration, as many warehouses don't offer climate control. This is important for items like:
- Electronics
- Paperwork
- Liquids
Warehouses that have climate control cost a significant amount of money to heat. There are many options for heated commercial storage, and because you pay a flat rate, you're not responsible for utilities.
3. Flexible Rates
If you're entering into a commercial lease for warehouse space, it's quite common for contract lengths to be a minimum of one year. Once you sign, the space is yours, whether you fill it to capacity or only use a fraction of the space.
With a commercial storage company, you can avoid long-term commitments because leases can be arranged month-to-month, or longer if you prefer. Plus, with an array of storage options, you will have a better chance of finding the right size of unit to meet your needs.
And if your company outgrows its current space (or needs to downsize), you can do it all in one place. Not only will this help maximize your cash flow, it will reduce stress levels.
4. Equipment
Warehouses are designed to handle the demands of shipping and receiving goods. They include handy features such as:
- Loading bays
- Open interior spaces
- Drive-in truck entrances
However, you might have to supply your own equipment:
- Forklift
- Pallet jacks
- Dollies
If you find the right commercial lease space, these items will be included in the package.
5. Offices and Storage in One Place
Depending on your requirements, it's possible to rent office space and storage space in one convenient location with a commercial lease. This can save a lot of back-and-forth and increase your business efficiency.
If you're considering leasing space, read our post: 6 Things About Commercial Leases You Should Know.
Are you looking for a convenient storage space for your business? Space Centre Storage has a number of commercial lease options to help you manage your inventory and other operations.