How to minimise the risk of expanding |
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| Management - Features | |
| Written by Helen Brennan, Marketing Executive, Access Self Storage | |
| Thursday, 08 May 2008 | |
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Page 2 of 2 Minimising financial risks Another benefit which can be gained from saving the need for physical relocation is that a business is able to remain where current customers and suppliers know where to find it and where current staff are happy to commute. These factors help to ensure that whilst an SME attempts to drive growth current business is not negatively impacted. Remaining in the same location and thus being able to retain the strong team of staff which have helped to get the businesses to position where it is able to grow, is conducive to that growth. Ensuring that the required factors remain stable gives developmental plans the best possible chance of success. If the growth plans of a business involve adding an extra site to the existing portfolio, self storage companies can also be of use in minimising the associated financial risks of this. In addition to storage space some self storage suppliers also have flexible office space, meeting rooms and secure car parking facilities, allowing all the benefits of being fully functional from one new site but without the costs and commitment usually involved with such a set-up. Receipt and despatch facility For companies who use sales representatives to cover different territories, and have growth plans dependent on expanding the area covered, using self storage local to the new territories and sales force to store samples, stock or materials is a great way to easily increase the company’s catchment area. Certain self storage companies offer a receipt and despatch facility which can be a huge added bonus for all types of storage users. Having business assets in storage does not mean they are out of reach, as well as offering 24-hour access, self storage facilities are located in prime spots in terms of transport links and proximity to businesses. So, a self storage unit can be almost as convenient as a company’s on-site stock room or archive storage area, just without the associated costs. Many companies are recognising the advantages of cost-efficient and flexible space when it comes to business. With the self storage industry providing a hassle-free alternative to conventional trading it allows many SMEs to better equip themselves to move their businesses forward in a low-risk, cost efficient manner. Helen Brennan is marketing executive at Access Self Storage. Comments (0)
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