While every entrepreneur wants to see their business flourish, they need to know how to increase their revenues and cut costs to improve their balance sheet. Costs and income are the most critical aspects of any balance sheet and enhancing your efficiency in either factors will improve your chances of growing your business.
When it comes to your business, a self-storage in Singapore could be the solution to your storage needs in a quick and cost-effective manner. It is an excellent way to manage your inventory without incurring too much expenses. Below are some of the ways a business can save by having a self-storage space.
A Great Alternative to Warehouses
If you deal with various types of everyday, general goods, and you do not need storage the size of a warehouse, then opt for a self-storage facility! Unlike certain inventory or equipment that requires a specialised storage facilities or climate controlled units, you can rent any of Singapore’s cheapest self-storage to sufficiently store your merchandises. With instant storage space, you need not fret about warehouse permits or dealing with professional packers and machinery used to unload and store warehouse inventory. At Work+Store, storage spaces come in a range of sizes from 6 sqft to 730 sqft to cater to your business needs, from easier stock-taking to better goods management.
Self-storage has Flexible Rent Options
For business that do not have plenty of capital to spare into complex deals such as long-term lease agreements, renting a self storage in Singapore that offers a monthly renting scheme is an ideal, money saving solution. This type of monthly payment plan can be easily factored into your business’ budget and is much more flexible if you do not want to invest and tie up your cash through expensive long-term leasing deals for your inventory storage. For example, Work+Store provides an all-inclusive rental rate with flexible lease terms for its self storage units, so you will no longer face unpredictable utilities or facility fees, thus leaving you with a better peace of mind.
Make Your Business Cost Efficient
A self-storage in Singapore gives you peace of mind in managing your inventory but it can also make your business cost-effectively. Work+Store offers work and storage units from 88 sqft onwards where businesses can store their stock and merchandises, carry out order fulfilment duties and better manage goods procurement for your customers. You can expect to carry out your day-to-day business activities seamlessly in these workspaces, equipped with aircon and light facilities as well as 24-hour keycard access system and CCTV surveillance. By combining storage and workspace, it is ultimately a time and cost saving decision for your business.
Renting any of the cheapest self-storage in Singapore is an excellent opportunity for businesses, whether start-ups or experienced, to cut business costs and save more. Self-storage units can provide you with an almost instant solution to all your business storage needs, and give you the option of taking up flexible rent options. In turn, you do not need to tie down your cash flow to lengthy leases, making your business cost efficient.