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Small businesses play a large role in American labor markets. According to the U.S. Department of the Treasury, the United States showed an average of 430,000 new business applications per month in 2024, 50 percent more than in 2019. In addition, these companies have created over 70 percent of net new jobs since 2019.
It’s no surprise that new boutiques, nail salons, and restaurants are popping up regularly. When you leave your home to run errands or grab a quick bite, the chances are high that you’ll spot a new storefront somewhere along the way.
We applaud these entrepreneurs and root for them to thrive and survive, but some are destined for failure. There are many reasons for this, but that’s another conversation. Your small business needs to take advantage of any opportunity to save money and build your bottom line. One way to increase efficiency and productivity is by renting a self storage unit.
My Storage Plus has the types and sizes of self storage that can maximize your potential with a variety of business-friendly amenities. You can select units according to your needs, whether it’s a small closet-sized space or an entire warehouse. With flexible month-to-month rentals, you can manage inventory and expansion without a long-term commitment. My Storage Plus is your go-to for small business self storage.
Don’t Let Lack of Space Limit Your Business Goals
A safe, affordable self storage unit or warehouse space can give your business room to thrive and grow.
Stretch Your Budget With Cost Efficiency and Flexibility
For cash-strapped startups, self storage can be a cost-effective way to control your budget. Commercial space can command $20-$50 per square foot, while budget-friendly self storage is around $1 per square foot. This can be a game changer for managing excess office supplies and inventory. It could mean the difference between burning through your startup budget and managing it effectively.
Self storage is scalable–it’s like having an extra closet that grows with you. With flexible lease terms, it’s easy to lease a larger unit as your business expands. You’re always prepared for the next big opportunity.
Inventory Management: Are You Bursting at the Seams?
If you sell physical products in minimal space, your excess inventory tends to stack up in every unused corner. The overflow tends to spread to your home. This can be stressful, frustrating, and bad for business. It’s time to find a solution
A self storage unit can serve as a functional inventory space. You can keep it organized, and restock when necessary. A self storage facility offers safety features that you may not have in your home. Video surveillance, professional lighting, and electronic gates with limited access keep your items secure and protected.
A Self Storage Unit for All Seasons
Depending on your business, you may need seasonal storage. A Christmas ornament store, a Halloween costume shop, or a patriotic holiday pop up is not going to require storage for the entire year.
The advantage of self storage is that you can store and organize your inventory until you need it. Paying for the self storage unit for a few months is more budget-friendly than paying for it year round. Business storage units can also be a great option for signs, flyers, and other promotional items.
Keep Your Employees Happy
An often overlooked benefit of self storage is employee morale. Picture your employees working in an office with cluttered surfaces, unused or broken equipment, and minimal space for movement. You’ll see wasted time, lack of motivation and hindered productivity.
Keeping the workspace clean and organized, creates a pleasant and motivating work environment. Employees are likely to feel more valued when their workplace is organized, leading to higher job satisfaction and better retention rates.
Conclusion
It’s no secret that small business plays a significant role in our lives. From the local bakery to the neighborhood boutique, these businesses are the backbone of the economy. To remain competitive and productive small business owners need to use every available resource. Not surprisingly, a secure, affordable self storage unit can benefit small businesses in big ways.
Self storage isn’t just for moving and storage, it’s a smart strategy for small business owners. A self storage unit is the “extra closet” that helps to stretch your budget, manage your inventory, and keep your employees motivated and productive. Contact My Storage Plus today. We offer small business owners the help that they need to grow.