How a Self-Storage Can Help Your Entrepreneurship Grow
In late 2017, an article in Singapore’s Straits Times reported that Singaporean entrepreneurs were upbeat about the business prospects of 2018. The report cited a survey which showed business index (with regards to business outlook) had risen on from 50.6 to 51.2. A mark that’s higher than 50 indicates optimism for growth, while a score below 50 signals possible contraction.
But, how do you grow your company when you have limited cash and have no space to operate from? It is hard to fulfil those extra orders and create room for more inventory in your already cramped up premises.
If you are apprehensive about expanding beyond your traditional premises or beyond your home, self-storage in Singapore is an excellent solution to provide the extra space for storage that you are looking for.
Here’s how a self-storage facility can help your entrepreneurship grow.
Self-storage Helps You Separate the Business from Your Home
You have to admit it when you work from home, work can often encroach on your personal life. It is may be difficult to find the balance between the two, especially when business is picking up and you want to maintain a momentum in your workload. Additionally, your merchandise and stock products may also gradually be occupying space in your living room, leaving a sore sight.
This can take a toll on you with negative psychological effects as well as affects your relationship with your family. Your motivation can be dampened which eventually has an impact on your business too.
But you can avoid or change your circumstances by taking early steps to move to external premises. Look into the cheapest self storages in Singapore, which are great for start-ups or businesses that need to store and carry out order fulfilment duties and will take away that strain from your personal space.
Flexible Contracts on Inventory Storage
For start-ups and upcoming enterprises, they may not necessarily have the financial muscle yet to commit and sustain in lengthy contracts in traditional office spaces. Besides finding cheap office space for rent to expand your business, you can also place your stock in a small warehouse to free up space in your current premise.
Work+Store offers storage spaces in various sizes from 6 sqft to 730 sqft which are fitted with basic facilities like aircon and lights at an all-inclusive rate with flexible lease terms. There are also mini self storage units offered in 2 locker sizes: 1m x 0.6m for $39/month and 1m x 1m for $59/month, which can fit 1 or 2 large luggage, to provide more options for smaller storage needs.
Improve Cash flow with Affordable Inventory Storage
Finding the cheapest self-storage units in Singapore is a great way to save money. Unlike the traditional warehouses, you can cut down on leasing fees significantly and reduce your overheads. You will also be able to reduce logistical inefficiencies and better manage goods procurement for customers. This way you can re-direct your finances to other more “productive” areas such as meeting the customers’ expectations, marketing activities and lead generation.
Maintain Operations at Full Throttle
Self-storage in Singapore will give you 24/7 access to your units through key cards. You will be able to access your stock round-the-clock. This is unlike many warehouses and office spaces for rent that have access restrictions at certain timings. Also, you can take advantage of additional benefits and amenities that are important to your business. For example, self storage in Singapore often comes with extra-security, shared services such as front office operations, affordable insurance packages and even transportation.
Work+Store also offer work spaces starting from 88 sqft onwards where you can choose from small to bigger units to work in. This offers an ideal solution to enable easier stocktaking and inventory management. Similar to our storage units, the work spaces are also monitored via CCTV surveillance and come equipped with 24-hour keycard access system to keep your unit safe and provide you with great accessibility. Our Work+Store work spaces are available in 7 locations around Singapore namely Kallang, Bukit Merah, Eunos, Ang Mo Kio, Upper Thomson, Tampines and Bartley to offer you plenty of options in catering to your needs.
Self-storage units are an excellent way to protect your inventory, make it easier to operate, help you save cash, provide the extra space for storage, and take away the business from the home. In short, they can prove to be an excellent addition to your overall business growth strategy.
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 email@example.com for more information!