As businesses evolve and their popularity soars, they may struggle with finding storage space to keep excess stock until it is sold.
Unfortunately, some businesses simply choose to house their excess stock on-site, in unsuitable rooms already packed with office furniture, or cramped storage units. Even if they don’t have the appropriate space or systems in place to manage the stock effectively.
Why do they do this? Because they see hiring third-party storage facilities as an expense they can’t afford, or one they’d rather avoid.
But, in actuality, professional storage services for businesses and commercial storage units can be a huge money saver, with the benefits they provide paying dividends later down the line.
At FDC Holdings, we offer warehousing and storage solutions in Preston and to businesses across the UK, with over 40 years of experience in the industry. So we’re always ready to meet any business requirements. Get in touch for a free quote!
With this in mind, let’s explore how investing in proper storage for business isn’t always the huge expense you may think.
The downsides of hoarding stock and the savings of proper business storage units
Storing excessive goods onsite costs time and money
When inventory starts to pile up, you may think you’re doing the right thing in saving a few pounds by storing it wherever you can – but you could be doing the exact opposite.
The more space gets taken up at your business premises, the less space you’ll have to expand your operations further, should the situation call for it.
Pretty soon, what you thought was a spacious setup can turn into a cave of unused stock – stock you may have to hire further staff to accommodate.
Let the two factors snowball and what do you get? Improper storage costing you time, space and money you can’t afford to lose.
Whereas, with third-party stock storage or an external storage unit, you can rest easy knowing your business inventory is in the hands of trained, reliable professionals, and is kept out from under your feet!
Professional storage helps you manage your inventory
For a business on the rise, a sudden demand for products and an influx of stock can be a scary situation.
For one, the above-mentioned space issues may come into play, leaving you struggling to store your stock effectively.
But there are greater problems at play when this happens; what if you can’t manage your stock well enough that losses begin to occur?
If products start to go missing left, right and centre (assuming thievery isn’t the culprit) there’s a good chance it’s been misplaced amongst the mountain of products you’re keeping in your base of operations.
When this happens once, it may not be a big deal. But when it starts to happen repeatedly, suddenly you’re looking at hundreds, or maybe even thousands of pounds of lost profits.
So, why not relieve yourself of the pressure of digging through excess stock and keep it all in one convenient location off-site, until you need it?
By housing excess stock with a trusted storage provider, you can lessen the chance of misplacing items among your in-house inventory, saving cash in the process.
Improper on-site storage can cost productivity
Whether your staff need to wade through ridiculous amounts of stock to find a missing product, or they need to spend even slightly longer than average looking, doesn’t really matter.
Either way, it’s lost time; time that could have been better spent on other important issues, pushing the company forward.
When small increments such as these are lost throughout the working day, they soon add up to a massive amount of sacrificed productivity.
In other words, trusting the safekeeping of your stock with a reliable storage expert will open your staff up to perform their daily tasks in record time and far more efficiently, promoting productivity throughout the business.
In turn, you should expect to see increases in profit that couldn’t have appeared otherwise.
Looking for reliable business storage in Preston? Choose FDC Holdings
If you’ve finally seen the light and realised the financial and operational benefits of business storage solutions, FDC Holdings is here to help.
With decades of combined experience in business storage and warehousing, we’re your go-to choice to keep hold of your precious business stock until you’re ready to ship it out.
Serving businesses across the UK from our 306,000-square-foot premises in Preston, you can be sure you’ll have easy access to your inventory as and when you need it.
To find out more about our storage options and business rates, or for answers to some common business storage FAQs, speak to a member of the FDC Holdings team today.