Container storage businesses are mostly self service
centers. An individual hires a container to store valuables or household items.
They pay an annual rent for the space and have access to the storage facility
during the tenor.
Storage business is interesting because once setup you
only require a small working capital for maintenance and security. Other
requirements are site approval, accreditation and bonding.
Types
of Containers Storage
The container storage business is carried out onsite or
offsite. Traditional storage involves a number of storage containers in a
location.
They are fitted with strong locks to secure the customers
property. The location of the business is of paramount importance. The location
should be accessible, with good road network and easy to find.
Things
to Consider
Before you start write a storage container business plan.
Then carry out a feasibility study to identify the best location. You need a
good source to purchase containers.
It is important to provide adequate security measures and
guards. You can use close circuit cameras, security guards and dogs. You need
administrative staff and heavy equipment driver.
- write a storage container business plan
- carry out a feasibility study
- identify the best location
- find a good source for containers
- provide adequate security measures
- use close circuit cameras
- security guards and dogs
- hire administrative staff
- heavy equipment driver
The
Pros of Starting a Storage Business
Pros
- You need to write a water tight contract
- Get liability insurance cover
- The business is very lucrative
- Once operational you spend very little money on maintenance
- Location is key to success
- Register the business as a limited liability company
- You don’t need an education or special knowledge to own a storage facility
The
Cons of Starting a Storage Business
Cons
- Startup requires huge monetary investment
- You need a large parcel of land
- You need to provide adequate security
- There are risks of litigation form theft or damaged property
- High transportation costs
- Buying and installing containers is challenging
- The price of containers are high
Storage
Company Services
There are lots of services offered by storage companies.
Offer your customers container delivery, removal and upgrade. Other services
are refurbishing, pickup and storage facility services.
The pricing for services is subject to demography, type
of storage and prevalent rates. Popular storage container sizes are 20 feet and
40 feet containers. You can buy a used container and use different
advertisement methods to attract patronage.
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