3 Innovative Storage Ideas for Your Small Business
Posted on August 27, 2014
The construction industry is relatively buoyant at the moment, thanks primarily to widespread economic growth and the positive levels of sentiment that exist within the business sector.
As output has continued to deliver a robust performance throughout the second financial quarter, it has become clear that both commercial and residential developers are preparing for a prosperous future. With so much commercial office space being built, however, some businesses are being forced to operate within a confined space with minimal storage.
3 Innovative Storage Solutions for Business Owners
With this in mind, business owners must be creative in their thinking and consider a host of innovative storage solutions. For example: –
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- Minimise Your Stock Holding
For product orientated businesses, one of the biggest issues revolves around stock holding and inventory management. If you have a relaxed approach to ordering stock, for example, it is easy to become overloaded with goods and drastically reduce the space at your disposal. This can become even more of an issue when you have sub-standard or returned stock that cannot be resold, as in this instance you are actively losing potential profit. With this in mind, you should look to be precise in your calculations and only invest in a minimal stock holding that enables you to trade effectively.
- Make Changes to Maximise Floor and wall Space
Once this is complete, the next step is to maximise the floor and wall space available in your office or warehouse. There are numerous products and creative solutions that are available to help businesses achieve these goals, with many sold through reputable and specialist firms such as Warehouse Storage Solutions. Including narrow aisle pallet racking and tiered storage structures that have been designed to optimise the wall space at your available, it is important that you strive to stack products in a safe and responsible manner that helps you to keep your warehouse floors as clear as possible.
- Invest in Mobile and Affordable Storage Units
Self-storage units are ideal for small or start-up businesses, primarily because they enable entrepreneurs to establish an affordable hub where they can store products and equipment while creating their own office space. Another key benefit of these units is that they offer huge convenience to business owners, as they can be leased on a rolling contract that minimise the amount that you are required to pay. There are even mobile units available to business owners, which allows them to invest in multiple facilities for alternative office locations.