It can be considered both a good and a bad thing when a business becomes too large to remain in its current office. The good news is that, perhaps, everything has been going exceptionally well, the company has been growing and, as a result, expanded to the extent that the current office space simply cannot contain everything any more.
The bad thing, of course, is the prospect of moving office. With so much stress, hassle and cost involved in moving office, it’s natural that managers want to avoid this event for as long as possible – which is where business storage can help.
Although your company may have grown, the chances are that some items in the office are ones that simply don’t get used. Perhaps there are several spare desks and other items of furniture taking up space that could be used for better things.
Research locations. When looking at the building and its location, consider how often you receive shipments. Companies that receive constant deliveries may need to be near a freeway or even a seaport. Think about the kind of access you need to the building. Doorways should be large enough for deliveries. Certain businesses may require docks.
By storing unused items in business storage, your company will have the freedom to create far more space for the things that count without being hampered by wasting time and money on moving to a new location.
Understand your lease. Commercial lease terminology can become complicated quickly. For instance, a triple net lease makes you responsible not just for the rent but for all expenses associated with your warehouse space as well. Have your attorney read over the lease before signing it.
Know your rights as a tenant. Most warehouse leases remain enforceable even if ownership of the building changes. Make sure the lease addresses your inability to use your warehouse space due to a problem caused by the landlord.
Insure your equipment. The landlord’s insurance will not cover losses to your inventory. You should also purchase liability insurance in case one of your employees or a visitor is injured. Both you and the landlord can be held liable for events taking place inside the warehouse, sidewalks or parking areas.
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Tags: Business, Computers, entrepreneur, Leasing, office, rent, storage, warehouse
