From business setup costs to hiring and procurement, there are many financial matters that start-ups have to keep in mind. However, financial worries are not the only concern for start-up business owners – physical limitations also have to be dealt with. Especially with space being an important asset to store inventory and other equipment, self-storages provide the ideal space to start-ups.
Storage units not only provide extra space storage, but may also help business owners cut down on expenses. Additionally, there are various other factors that make storage units attractive to start-up business owners with big ideas and plans, but smaller budgets.
Undoubtedly, storage spaces help startup owners support their business. But if your main concern now is to maximise the space you have currently – read on to find out how you can do it in three ways.
Prepare an inventory list
Not every item is a necessity to store in your storage space; sort out the items that you need and don’t need. Pack any unnecessary items into a box and discard it – this will help you free up some valuable space to make room for more inventory or important equipment. With an up-to-date inventory list, your startup business can easily save space by knowing which items to keep and let go of.
Meanwhile, if you are still looking for a suitable storage unit for your startup venture – we are able to assist you with our array of locations across Singapore. Our many locations include Tampines, Kallang, Bukit Merah, 100 Eunos, Aljunied, Bartley, Ang Mo Kio, Pasir Panjang, and Toa Payoh. In fact, our Kallang location is offering up to 1-month waiver with units at 15% off. In addition, the lumpsum comprises the utilities fee, facilities fee, and GST – where the facilities cover the cost for air conditioning, a powerpoint, and lighting. Get in touch with our staff if you need more information. Terms and conditions apply.
Store smartly
To maximise space, you should start at the bottom and stack up your boxes of inventory or equipment – depending on what you are storing. Ensure you place the heaviest boxes on the bottom layer. Then, start stacking slowly and place your lightest items at the top. Just remember to leave sufficient room to walk around so you can store and unpack your items easily.
Besides knowing the right way to store items, it’s also important to keep your stored items secure. At Work+Store, we offer 24/7 camera surveillance and accessibility across our spaces. Additionally, we also offer flexible service terms to users; offering a short period of storage usage and the choice of switching up their existing space to a wide range of other spaces within our establishment or from our parent organisation, LHN Group, where users can select from industrial units, vending machine locations, and so on.
Use the right storage methods
Before you get extra furniture or boxes to store your goods, make sure you use whatever you already have on hand. This will ensure you save both space and cost at the same time, allowing you to focus on other business areas of your startup venture. Consider getting storage benches, cabinets, and wall hooks to store your inventory and other necessities in your storage unit. These will serve as great storage solutions for keeping your space tidy, inventory well-organised, and spruce up your interiors.
Before you start storing your items, ensure you have the self storage of the right size. Our storage unit sizes vary from 6 sqft to 730 sqft, while storing and packing spaces start from 88 sqft onwards. At the same time, storage users can also enquire about our Zero Deposit Guarantee programme – if your business is eligible, you can save on your deposit for other business expenses. Using our spaces, storage users are able to smoothen logistical processes and enhance goods procurement to ensure better customer service.
When you know how to save space effectively as a startup, it can help your business grow and profit in the long run.
Maximising your space should not be your sole concern, you should look to assure employee safety as well. Especially with the current COVID-19 situation, it has become even more important for employers to take action. After all, prevention is better than cure – ensure the storage space has the required safety measures in place – such as masking up and enabling the SafeEntry check-in system. With the right safety precautions, you not only ensure the safety of your staff but also contribute to creating a safer nation.
If you wish to find out more about Work+Store and our other storage options, feel free to contact us at +65 6578 9966 or WhatsApp us at (65) 8345 9966. Alternatively, you can email us at space@workstore.com.sg for more information!