Can I Run A Business From A Self Storage Unit?

Self-storage units have long been associated with personal storage needs, but their potential as viable spaces for running a business is often overlooked. Can you run a business from a self storage unit? The answer is a resounding yes. There are factors to consider, of course, which this blog dives into. 

Understanding the Viability of Self-Storage Units for Running a Business

Self-storage units offer more than just storage space; they provide a flexible and professional environment that can cater to different business needs. From cost savings to enhanced security, these units offer a range of benefits that make them attractive options for entrepreneurs and small businesses alike.

One of the key advantages of self-storage units is their flexibility. Additionally, there are self-storage facilities that offer amenities such as workstations, WiFi, and on-site parking, making them suitable for a variety of businesses.

Storage units can also be climate controlled and given electricity, which are crucial if you’re running a Food and Beverage (FnB) venture or similar. 

Other Benefits of Using Self-Storage for Business

Cost Savings

Compared to traditional office spaces, self-storage units offer significant cost savings. The sheer real estate savings alone will make a considerable difference to your savings! 

Enhanced Security

Most self-storage facilities offer 24/7 CCTV monitoring, providing businesses with peace of mind regarding the safety of their stored items. Self storage units can  also be contained within a secure compound, so find a business that operates on a specific site with secure compounds and closed-loop monitoring. 

Flexibility

Businesses can choose the size of the storage unit and the length of the contract, allowing them to adjust their space requirements as needed. 

Professional Work Address

Using a self-storage unit can create a professional work address, which can add credibility to a business as opposed to running a business out of your home. 

Privacy

Self-storage units offer a level of privacy that is not always possible in traditional office spaces, allowing businesses to work without distractions and potential security risks. 

Legal and Regulatory Considerations

When using a self-storage unit for business purposes, it is important to check with the facility manager about any rules or regulations regarding running a business from the premises. Additionally, businesses should understand the terms and conditions of their contract, including any limitations on the use of the space, zoning laws and so on. Compliance with safety regulations and insurance requirements is also essential. 

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Types of Businesses Suitable for a Self-Storage Unit

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Self-storage units are suitable for a wide range of businesses, including:

• eCommerce stores online, such as eBay or Etsy
• Tradesmen such as plumbers and carpenters, for secure tool and equipment storage 
• Artists, designers, and craftsmen for storing and creating their merchandise
• Content providers, video producers, and photographers for creating and editing work
• Legal professionals and accountants for archival storage
• Event planners and sports clubs for equipment and stock storage

Getting Started with a Self-Storage Business Unit

Before using a self-storage unit for business purposes, it is important to assess the suitability of the space for the business's needs. Contacting Wigwam for detailed information is recommended, as we can provide guidance on the best unit size and amenities for your business. Additionally, businesses should consider modifications for specialised activities, such as photo studios or workshops, and should strongly consider having storage insurance for stored items.

Challenges and Considerations

While self-storage units offer many benefits, there are also some challenges and considerations to keep in mind. These include:

• Limitations of not having a traditional office environment, such as limited space for meetings or client interactions. Even if you do have staff in your team, the amount of space will certainly be a limiting factor. Also, self-storage units may not may not have the proper ventilation for sustained work hours: Depending on the intended use and local regulations, self-storage units might not offer adequate ventilation for safe or comfortable work for extended periods.
  
  
• Balancing the need for physical access to the space with online business operations, which hampers productivity at times
  
  
• Dealing with logistical considerations for receiving and handling deliveries, which can be mundane. Plus, handling logistics for deliveries can be more challenging in self-storage units, though some facilities offer solutions like designated mailboxes, coordination with delivery services, or occasional access to loading bays.

Conclusion

In conclusion, self-storage units offer a viable and cost-effective solution for businesses looking for flexible and professional space. With the right considerations, various businesses can thrive in self-storage units. However, it is important for businesses to ensure legal compliance and assess the suitability of the space for their operations before making a decision.

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