If you were to speak to any Australian business owner, you would find that the most common complaint that comes from the vast majority of them is that they just don’t have enough space. When they moved into their business premises a number of years ago, it seemed at that time that there was more than ample space to allow them to move forward and to make their business more successful. Move forward five years and you will find that business owners are becoming increasingly frustrated because they want to keep more stock but they don’t have the room to do so.
It would not be cost-effective to move from their current premises due to the costs involved and the massive upheaval that it would cause not only customers but staff as well. There are some simple solutions available to these business owners and it comes in the form of shelving. They can be placed throughout the business premises to provide them with the extra space that they need. The other selling point is that this type of shelving is incredibly affordable so it can be something that can be put into place today. This is just one idea when it comes to creating more space within your business and the following are some others.
- Reassess your storage needs – It may be the case that there is a lot of seasonal stock that is taking up far too much space in your warehouse so it would make better sense to sell this at a reduction in price but not at a loss, so that you can bring in more up-to-date stock that customers will want to buy all year round. It makes sense from a financial point of view and it makes sense from an extra space point of view.
- Start looking above your eye level – There is lots of storage space above your head if you would just look up and adding shelving which was suggested earlier and other methods of storage will allow you to utilise the space that has not been used up until this point in time. Obviously, you need to take health and safety in mind to make sure that everything is secure but it is an excellent way to create a lot more space in a short period of time.
- Look at your current floor plan – What was working for you many years ago may not be the right kind of floor plan for you today as your business goes forward. Have a look around and see if there are any barriers currently stopping you from creating extra storage space and if there are, then these need to be removed. Try to create a situation where you are provided with more flexibility when it comes to your storage needs.
These are just three suggestions that you can put into place but at the crux of it all is the need to invest in some much-needed shelving to address storage space.
Also read:
Investment Strategies for Long-Term Wealth Creation