Running out of Commercial Space? 4 Business Space Solutions

As your business started growing, you never anticipated how much additional space you would need to contain all the excess stuff your business uses. From shelves of product inventory to other useful materials, it is becoming evident that your business is running out of commercial space to house everything the business owns. If you do not work out a solution fast, this could become a logistics and containment nightmare for your company. Here are a few solutions that you may want to consider.

Radically Reduce Your Inventory

A quick way to make additional space for your business is to radically reduce the inventory you have on hand at your commercial location. One way to reduce inventory is to have a sale. Sure, you may not earn retail prices on the product you are holding on to, but a sale will cause the product to move faster and free up more commercial space in the process. Another idea is to donate some product and take a tax write off. Either way, the end result is that you will end up with more space to work with. According to Smallbusiness.chron.com, one of the logistics goals of a retail business is to try to keep low levels of inventory on hand, helping a business to preserve more than just commercial space.

Move Your Business

If you are able to upgrade your business by moving to a larger building, then this can be an excellent path to more commercial space. With a larger building at your disposal, this will allow you to scale your operation accordingly. A larger commercial building or store front will also make it possible to do more business, which can also help to reduce product and materials to make more space available.

Rent Stackable Shipping Containers

If you have room on the property where your business is located, then renting stackable shipping containers to store stuff in may be the perfect solution to your commercial space needs. Stackable shipping containers from places like Yellowhead Self Storage come in different sizes and will give you flexible storage space options, depending on your business storage needs. In addition, you will have an ability to choose between new and used shipping containers for your business.

Open a New Location

If moving your entire operation seems a little daunting, a more functional step might be to split your company assets over multiple locations. This type of business move will create multiple times the amount of commercial space, thus allowing locations with less available storage capacity to utilize excess space at other locations to store product, materials or to create more room for offices that your employees can use.
Space will typically be a problem for a lot of companies that harbor a vast quantity of stuff on their premises. By reducing inventory and increasing storage volume, problems involving storage capacity will tend to normalize. With a little forward thinking, a person can create more commercial space in a cost effective manner to suit all their businesses’ storage needs.