For those businesses at the stage in their journey where having a warehouse is absolutely vital, there are certain things you need to take into consideration. That’s right, it isn’t just a matter of choosing or building any old warehouse because your choice on this matter could make or break your business. Period.
So, before you set up shop, relocate your office or start expanding, take a deep breath and make sure you are considering the following points, all of which will directly affect your growth, revenue and success.
Put Your Business Needs First.
Whether you are shopping around for a space or looking to build your own, you need to make sure you know what your business needs are and how you can accommodate them. If space is your big concern, then you may want to read these Armstrong steel building reviews as a way of understanding how steel can reduce the need for internal columns. If you are going to be manufacturing things on site then your biggest concern could be how you zone the space most efficiently. These are just two examples, but the list of needs to be met is almost endless. Fast shipping, feasible delivery, internal flow of goods, storage and packaging needs, and even how it works as an advertising tool to passersby. Your needs must be met. Remember that.
Location, Location, Location.
For a lot of businesses, location is becoming less relevant because the internet is breaking down borders. For those that require a warehouse, however, the story is a little different and the need to set up in a good spot is almost essential. You will need to consider where you are based in terms of where your target audience is located, how easy it is to access major roads so that costs are kept to a minimum and how quickly you can access other carrier facilities, such as train depots, docks and airports to ensure delivery is timely. Nothing is going to affect your cost-effectiveness quite as much as your location, which is why you need to pay careful consideration to this part of your operation.
Accessibility Must Be Awesome.
How easy it is to access your building is going to have a direct impact on your success. This doesn’t just mean how quickly your staff can enter or how simple it is for trucks to reverse into the loading bays, but other variables like customer parking, what amenities are nearby and how fast you can access your major clients etc. To go in further, you also need to ensure the safety and security of the building are up to scratch. All of this falls under accessibility, which is why you need to thoroughly examine this side of things firsthand, using building maintenance records, and even Google maps to name but a few.
Never Brush Over The Cost.
The price you pay for your warehouse is going to determine how much business you need to do in order to make a profit. It is as simple as that, which is why you need to be aware of the going rate in the areas you are looking, how much it will cost to buy, build, lease or rent, and how to negotiate a better deal. You may find something in the perfect location, but the premium you are paying may do some serious damage to your business. It may be enough to stop you thriving and start to see you just surviving. Don’t forget to look at the bigger picture either. That means looking at the running costs, from utility bills to insurance cover. It all comes into play.