Running a business from a storage unit
Many entrepreneurs look for cheap and unique places to run their businesses. A common question is: "Can I run a business from a storage unit?" The answer isn't simple and depends on legal rules, practicality and the type of business you run.
Storage units: What are they and what do business use them for
Storage units are mainly meant for storing items. They are secure and affordable places to keep belongings, stock or business supplies. But using a storage unit as your main business location can be tricky and depends on several factors:
Legal rules
The first thing to check is the local laws and rules. Many places have strict rules about how storage units can be used. The majority of storage facilities are only for storage, not for running a business.
What should you do:
- Check with local authorities. Contact your local council to understand the rules in your area.
- Read your rental agreement thoroughly. Storage facilities usually have rules in their contracts that may restrict business activities.
- Get legal advice. Speak with a solicitor to make sure your business activities are within the law.
Types of business that can use storage units
Running a full business from a storage unit is usually not allowed, but some business activities can still benefit from using storage spaces. Here are a few examples of how storage can benefit your business:
Online retailers
Many online shops use storage units to keep their stock. The unit serves as a safe place to store products before they are sent to customers.
Event planners
Event planners often need to store props and equipment. A storage unit can be a cheap and organised solution for this.
Tradespeople
Builders and handymen can use storage units to keep any tools and materials safe that they don't always need.
Practical points to factor in
If you're thinking of using a storage unit for business, you must consider the practicality:
- Access: Most storage unit facilities won't allow public access, meaning your customers and clients won't be able to visit. If they do allow public access, make sure your storage unit has opening hours that suit your business needs.
- Limited facilities: Storage facilities usually don't have basic amenities like toilets, heating or air conditioning.
- Insurance: Your business insurance might not cover activities in a storage unit. You must check with your insurance provider to ensure proper coverage.
- Security: You must look for good security measures such as cameras, on-site security staff and secure locks.
- Climate control: If you need to store items that are sensitive to temperature or humidity, you must find a storage unit that is climate controlled.
Alternative options to a storage unit
If a storage unit doesn't work for your needs, consider these alternatives:
Co-working spaces
Co-working spaces provide flexible workspaces with amenities and networking opportunities. These are shared office environments where individuals from different companies work along side each other. You can rent a desk or an office on a monthly, weekley
or even daily basis.
This alternative would be the ideal solution for freelancers, start-ups, small businesses looking to expand and teams working remotely.
Home office
Depending on your business, working from home could be a good solution. For many small business owners, a home office can be a cost-effective and convenient solution.
This alternative would be ideal for freelancers, consultants, small online businesses or service-based businesses that don't always require face-to-face interaction.
Commercial lease
For businesses needing customer interaction, a small commercial space might be worth the cost. Leasing a commercial space provides a professional setting that can attract clients and provide room for your business to grow.
This alternative would be ideal for retail businesses, restaurants and cafes, professional services like law firms and consultancies or business requiring regular customer visits.
While running a full business from a storage unit is not always practical and is dependent on laws and rules, there are some cases where a storage unit can support your business. Always check your local rules and think about the practical side before
making a decision. By exploring all your options, you can find the best solution for your business needs whilst ensuring you are compliant with the law.
For businesses looking for reliable storage solutions, Pickfords offers a range of storage services tailored to your needs. With secure units, we ensure your items are safe and accessible. Whether you need short-term storage for your business inventory or long-term solutions for equipment, our storage options are perfect for your business needs.