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Category: Business

  • The Best Way for Organizing Your Paper and Documents

    The Best Way for Organizing Your Paper and Documents

    Paper clutter is one of the easiest to gather in the house or office. You don’t even realize it, and it creeps up on you. Documents, records, tax papers, project plans, forms, medical prescriptions, wedding cards- they keep accumulating season by season. And one day you look up to find yourself drowning in it, unable to find that one sheet of paper that you require so urgently. The solution we suggest? Self storage. And it works like a charm. How? You won’t have to go black and white. Throw or keep? No need to be all in or all out. If it’s not important right now, you can keep it in self-storage and retrieve it when it is needed. So where do you start? With the Shri Ganesh step of all decluttering sessions: hauling out every document that you want to inspect during this process. This way you’ll have a clear idea of what you are dealing with it and will be able to formulate an appropriate course of action. Begin sorting through the documents and categorizing them as ‘office stuff,’ ‘self-storage stuff,’ and ‘time to get rid of this’ stuff. Once you’ve gone through the entire lot, sell off the ‘time to get rid of this’ pile to a kabadi waala. Organize the office pile properly on your desk and in your cabinets. And get ready to work more through the self-storage pile. Categorize the documents to be stored in the facility on the basis of the access frequency, i.e. whether you will be accessing them frequently or pulling them out twice/ thrice a year. Those with higher access frequency will go at the front of the room/ locker that you choose. Store these papers in a box, and label all your boxes clearly with relevant details like the type of paperwork they contain and any important dates. For business document storage this organization is vital. Within the cabinet or facility, too, arrange the boxes according to the year. Take your papers to the facility in the best possible condition. Mold growth can cause quick damage. Hence, ensure all documents are dry. If possible, get any old, yellowed papers photocopied or printed again, so they are in the best shape for storage. In the facility, documents should be stored on plastic pallets, so they are protected from any internal damage within the unit. The papers in your office are valuable and can spell the entire past, present, and future of your organization. Hence, invest in self-storage solution and take a significant step towards thorough business document storage especially since tax season is here and you need to keep all records straight. What are you waiting for now? Get document storage!

  • How to Airbnb your home

    How to Airbnb your home

    Travelers today are looking for new experiences. Instead of staying at a hotel, they opt to rent an Airbnb home to experience the location better. Though Airbnb has been around for a decade, the concept is only just picking up in India. For homeowners, Airbnb can unlock doors to opportunities that haven’t been utilized before. The concept is simple: If you have an unused home, you can rent it out to travelers for as low as a day or even a month. The charge is per night. The ones who occupy the space will know exactly what you will be offering them for that price. There’s no need to provide a hotel-like service, but you do need to bear the cost of maintaining the place and also be a host for them or appoint one if you’re not in town. Homes located in or around tourist spots or in prime city areas tend to get a premium pricing. If managed well, you can very well earn a lot more through Airbnb-ing your home than just simply renting it out. Checklist for AirBnb your home Now that we’ve got your attention, you sure would like to know how exactly you can convert your home into an Airbnb home. It’s pretty simple. Let’s go through what all you need to prepare. Have a complete profile The Airbnb business works on mutual understanding and trust. Just as you would not trust a traveler who hides information, people are wary about choosing homes where they don’t have enough information about the host. The way to improve your trust and likability is to have a complete profile by filling all the information. This includes verifying your profile by uploading an ID (which isn’t made public), linking your account to social media sites, adding your contact number. These help people identify that you’re a genuine host and not a scammer. Show a part of your personality so that travelers can figure out something about you. Most importantly, add a clear image of yourself. List your property Once you’ve made an account, you need to list your place. If you thought that you need to only list out full homes on Airbnb, you’ve got it wrong. Airbnb is all about the sharing economy. There are many different types of homes available on Airbnb, such as: A room in your house: People let out one or more rooms in their homes to single or couple travelers. In this case, they have access to the kitchen, as well. An apartment: This is located in a building, and the building amenities such as the swimming pool may not be accessible to guests. An entire home: The whole house is rented out to a certain amount of guests. They have access to everything in the house, as well as the backyard, front yard, etc. Studio homes: These are tiny one-room apartments that are meant for solo travelers. It has minimal amenities It’s important to let people know what kind of a home it is. Some travelers prefer sharing a room with other travelers or the host, while some prefer entire homes to themselves. The more accurate you are in your listing, the better it can be found on the search engine. After this, you need to mention the total number of people who can live in your home. Additionally, mention the number of beds available as well. You wouldn’t want to find a party of 20 people in a home meant for just four. Getting the pricing right The next to-do on the list is to price your space. That’s a question that bothers many. How do you decide on the amount per night? Airbnb will give you a suggested price, which depends on factors such as your location, number of rooms, amenities, tourist season, average prices in the neighborhood, etc. You can take that into account and decide your final price, which can be higher or lower than it. You can even change the rates for the weekends. Additionally, if you want to rent out only on certain days, you can do that as well. There’s a lot of flexibility when it comes to Airbnb-ing your home. Airbnb gives you the option to provide discounts for longer stays, such as a week or a month. When you’re pricing, remember to factor in other costs such as cleaning and maintenance. If you want to make the most of your house, price it similar to what others in your location are charging. Or else you’ll end up making a huge investment in the house and losing visitors to other homes. What’s your special offering? People want to live in places that are located in good areas. So ensure you write a good description of your place and neighborhood to attract more people. Are you a fun person? Is the neighborhood fun or strict? What are the facilities available nearby? Is there a supermarket or a 24X7 pharmacy? How far is the metro or a station from your place? These are just some of the questions that travelers consider. Be as accurate as you can be, and don’t lie. Airbnb works on ratings, and you don’t want your rating to suffer because of inaccurate descriptions. If there are some issues such as a noisy neighborhood, small living space, or any other turn-offs, be sure to mention that. To make up for this, highlight other amenities that you provide. One of the reasons why people prefer Airbnb over hotels is the home-like amenities that they can get. So, imagine you are the traveler. What would you want if you chose your home? Common amenities include clean sheets, shampoo, soap, spare towels, and toilet paper. If you want to decorate it, you can add scented candles or some board games. Another way to show your traveler you care about them is to keep an adaptor for those with straight-pin chargers. Remember, those viewing your profile are looking at ten others and comparing what they can get. Your amenities are what will make you stand out. Clear the Clutter Unused homes or rooms tend to turn […]

  • What are the advantages of booking a Self Storage Unit | Self Storage benefits

    What are the advantages of booking a Self Storage Unit | Self Storage benefits

    If you are wobbling on the precipice of deciding whether to book a self storage facility for yourself or not, then the below-listed reasons will help you take the leap since there are plenty of self storage benefits. You: 1. Save more Rental costs that race towards the sky every day will only be a burden for your business. What you need is to save money where it can be saved and channel it for the growth of your business. Because a self storage facility will cost you a lot less than renting a space exclusively for storage, you’ll be able to carry out this ambitious and profitable business plan. 2. Ensure safety The task of any self-storage facility is to store your items and keep them 200% safe. Hence, all stops are pulled, and all measures are taken to ensure that your goods are protected. Sophisticated equipment and gadgets are used to do this. Guards make regular rounds of the grounds. And the goods are not only protected from burglars, but also insects, pests, weather changes, rodents, and the likes. On your own or with a rented space, you might not be able to invest in the safety of your products to this extent. 3. Free up space You do not need all of your business tools/ records/ files/ stationery for immediate use. So, instead of filling up your precious work/ home space with items that you don’t even need, get a self-storage facility where you can keep these seasonal items, thereby, maximising and optimising space around you. 4. Get the right kind of space Depending on your needs and the items you need to store, you’ll be able to get the exact amount of self- storage space that you need. As a result, there will be no extra expenditure because you only pay for a unit of your desired size with no unfair expenditure. 5. Can leave easily There is no end to sign year-long contracts that do not serve your business or needs. Each facility has a minimum contract duration. However, almost all of them are highly flexible. You can leave some without any notice, whereas for others you’ll need to inform the company one month in advance. For example, with Self Storage India, the minimum storage requirement is 30 days. In the light of the above 5 points, it is crystal-clear that there are a lot of self-storage benefits which will add value to the everyday operation of your business, help your home to look a lot cleaner, or serve any other storage need that you have.So what are you waiting for? Go ahead and reserve a space for yourself right now!

  • Why self storage works well for small businesses

    Why self storage works well for small businesses

    Use Self storage to create more space in your workplace. If you are a small business owner, your prime concern would be to roll out products and services but keep the cost as low as possible. In such a scenario, getting your own storage space to create extra space might be the last thing on your mind. After all, you have this spare corner/ area in your house/ office where you can store stuff. Except, that it makes the place look messy and makes you feel frazzled. If this is you, or if you have reached the stage of wanting to declutter and get dedicated storage space, then below are four reasons why we vouch for this idea for a small business owner like you: 1. Keep your work items safe The primary reason is that the tools you work with, are precious. And hence, they need to be kept as such. A self-storage facility allows you to keep all your work items in one place which means a drastic decrease in the number of misplaced, lost, or damaged items. If you are a company that deals with materials from your clients, for example, a company organizing exhibitions, then you need a place to store large paintings, banners, flyers, etc. Storage facilities are the perfect place to keep them all together, safe and sound. Also, it is the hallmark of any good storage facility that it provides round the clock security to its clients. Video surveillance, recorded footage, and tracking methods- all of these are included to ensure that your work doesn’t suffer due to undesirable circumstances- no need to pay a person to take care of your items in a specially-rented-on-the-outskirts storage room. 2. A place that adapts The perfect storage space will be adaptable meaning you’ll be able to store a wide variety of products without any of them coming to harm. Size and numbers are important. When you invest in a suitable storage facility, you’ll be able to store any number of items with the apt size without having to shift to larger premises. 3. No sky-high rental costs Rental costs are high these days. And if you need a flexible space, they aren’t financially viable either. Plus, you’ll have to post (a.k.a employ) someone to take care of the goods being stored. More costs. And also change the interiors so that your inventory is protected. With a self-storage facility, you don’t have to do any of this. You come and store the goods, and from there on, the facility takes care of it. You can use all that saved money to grow your business. 4. Location convenience Self storage facilities are usually located in places which are easily accessible. Yes, they might not be next to your office, but they’ll be situated in areas that you can reach without breaking much sweat. So what are you waiting for? Book a self-storage space for yourself now so that you can create extra space in your office with fewer items and a lot more peace.

  • How to Organize Your Taxes for Tax Season

    How to Organize Your Taxes for Tax Season

    If there’s one thing that is common to all of humanity- at least the segment that works and earns- it is the dread of organize your taxes papers and receipts at the end of an accounting year. The internet is awash with people who report that preparing and organizing tax documents is one of the inescapable miseries of life. But, it doesn’t have to be this way. While the process will probably not be as exciting or as joyful as packing for a vacation after six months, it can be made easier and less ‘taxing.’ Read on below to know how. Organize a monthly check-in Imagine trying to remember 365 day’s worth of expenses in one day with a deadline looming over your head. You have to get all of them right. It’s super stressful, but alas, that is what most people tend to do. Instead of organizing a yearly check-in, however, go for a monthly check-in. Organize any receipts from the previous month into dedicated envelopes/ folders so that all your deductions are accounted for. You can make categories like: Education costs: student fees, tuition, textbooks, and other required material Home and office expenses: electricity, gas, and water bills; home repairs, maintenance, and renovations; internet and phone bills; receipts Medical expenses: out-of-pocket expenses; health insurance premiums for you and your family Child care expenses Other expenses: charitable donations; moving costs; tax planning and investment expenses; work uniforms; laundry or dry-cleaning for uniforms and other work-only attire 30 days is the perfect time frame for recalling all these expenses without forgetting them. The system also isn’t so microscopic that you end up feeling like it’s tax day every day. Get backups You might be the type to trust paperwork and have it all in order. But, the receipts might get lost, misplaced, or even fade away with time. As such, it is a good idea to have a backup at all times. Protect your receipts by keeping a digital copy at all times. A couple of options: Scan the receipts and save them in JPEG or PDF format. Keep electronic rent receipts Preserve PDFs of utility bills Also, do not make the mistake of procrastinating these backups to ‘one day’ or tomorrow. Sometimes receipts are only available for a designated period. If you go searching for it after that, then the receipt will no longer be available. In that case, you might have to request it which can also incur special charges. Do it now and save up on the hassle later. On-the-go check-ins This system takes care of the receipts as and when they arrive. Track your expenses on the go. Take photos of receipts, create digital backups, and then tally the hard copy of these receipts when the month ends. You can use a budgeting app like Mint to store your photo receipts. Back it up once more Your phone might malfunction because you dropped it in a bucket of hot water. Your laptop might fall to the ground. In both cases, your precious digital items would be lost and irretrievable. Thus, after you create one backup, take the time to create another backup- this one on an external drive or to the cloud. Do it regularly, preferably on the same day as your monthly check-in. Store it away Ideally, it is recommended that you keep your tax documents for three years from the date you filed your original return or two years from the date that you paid the tax, whichever is later. If you deducted worthless securities or bad debt, then the number for keeping returns and supporting documents goes up to seven years. So much paperwork to be stored away for 2-3 years will only end up cluttering your home and office. Hence, be wiser and book yourself a self-storage unit. Your documents will be in the safest hands possible. The option of a unit would be helpful if you have other stuff to keep in self-storage, too. If not, then a simple utility locker will be enough. You can store your documents for as long as you want after renewing the contract whenever it finishes. Sure, the tax season might be grueling. But the above tips have the power to redefine how good the process feels for you. We hope it feels smoother and more enjoyable. Future you is going to be so so thankful.

  • Storage Problem in Pawn Shops | Pawn Stars

    Storage Problem in Pawn Shops | Pawn Stars

    If you want to raise quick cash without getting involved in the hassle of banks, then a pawn shop is a seemingly ideal stop. Or is it? How pawn shops work When you are in need of cash, you head to the pawn shop with one of the following items- jewelry, musical instruments, electronics, photography equipment. You express a need for money. The pawn shop owner listens, checks your items, and agrees to loan you approximately 25-60% of the item’s resale value. You are free to go with a pretty short time frame for repaying the loan. Which, by the way, (often) has high-interest rates charged on it. Why they aren’t the best option For once, if you fail to repay the loan, your property becomes the property of the pawn shop owner. He can then sell it or keep it as he wishes. Secondly, the exorbitant charges and interest rates can take people’s breath away. Also, you’ll need to pay extra money as storage costs and insurance fees. Storage issues The loan repayment will happen as and when it’s meant to. But, all this while, your item is being stored at the pawn shop only gods knows in what condition. Pawn shops aren’t self-storage units where your items are taken in with a promise of safekeeping. The pawn shop owner is only concerned with the money. If he sizes you up as the type to faithfully repay the loan, he would safeguard your item as well. Give and take. If not, then your items might be treated a little more harshly or carelessly than you’d like. All items in the shop are vulnerable to security and weather threats. There’s the possibility of fire, of thieves, of a sudden insect infestation. This is because a pawn shop isn’t fitted for storage; it’s fitted for loaning. There is no 24*7 security, no pest control methods, no perimeter patrolling, etc. If you are storing a guitar or any other musical instrument, temperature and humidity levels might affect it design and make. The wood might inflate or the strings might get rusted because the shop is located in an area of high temperature and humidity. Jewelry and other items made from precious metals might catch a stain or a hint of corrosion. Electronics might malfunction or go defunct. Your vintage comic book might catch a tear here and there. The onus of safety, thus, lies upon you. Couple this with the high-interest rates (more than borrowing through other methods), the risk of losing your items, and the extra amount to be paid if you want to rack up security and insurance. Not the most financially viable option when initially that is what it seemed to you. Hence, avoid pawning as much as possible and find alternatives. For storage, you can always rely on a self-storage unit. For loaning money, you can head to a bank first because be it the short term or the long term, pawn shops aren’t the best option for you or your precious items. Be smarter and wiser than this.

  • The 6D’s – Drivers of Self Storage Demand

    The 6D’s – Drivers of Self Storage Demand

    In the US, UK, and Australia, the self storage industry is a thriving market. The value of the US self storage industry in 2014, was $24 billion with 2.3 billion square feet space for lease. In 2019, the numbers would only have gone up. In other parts of the world, Asia, for example, the self-storage market has planted its roots but is still growing. In the beginning, the experts concluded that there were four drivers, meaning four factors that keep the industry’s wheels spinning. While three of these drivers were agreed upon by all experts (death, divorce, dislocation), the remaining one was in dispute. CBRE says the fourth one is density. Wikipedia says its downsizing, whereas the head of a self-storage facility says its disaster. However, definitions have now expanded, and what was four became six. Now we have six drivers (Six Ds) – six factors that keep the industry alive and ensure that there is a regular demand for commercially available space. Read on to know what these six drivers (Six Ds) are. Death Death is one of the most common reasons for thinking about renting a space in a storage facility. The belongings of the deceased have to be sorted, divided, or given away. The house of the deceased individual has to be cleaned and put on sale. In such a situation, the question of where to put their belongings arises. Most family members are in a state of grief and unable to deal with the monumental task immediately, or there is an excess of valuables that completion seems like an impossible goal. A self storage unit is a perfect answer. It allows family members the time to deal with grief, mourning, and what to do with the valuables in a manner that best fits them. The death factor is what has led to the rise of the self-storage market in Japan. The government fears that 40% of Japan’s population will be aged 65 or older by 2060. Between 2015 and 2030, the death rate in the country is expected to increase from 4.0 to 5.8. That is a significant number. The belongings of the people who pass away will have to stored, sorted, and cataloged. Self-storage units will be more in-demand than they ever were. Divorce Another demand driver for self-storage is divorce. When a couple splits up, one person usually has to move out. Divorce creates a demand to store the couple’s belongings and valuables into neutral territory, until the time they are relatively divided. Between 2000 and 2013, the number of yearly divorces in Hong Kong increased by 68% and by 46% in Singapore. The increased number of divorces have also increased the demand for self storage units, as couples navigate the tricky terrain of being civil and split their belongings between themselves. Density No metropolitan city on Earth can have a big expansive home for everyone. These cities are usually cramped, and the number of people per inch or square foot of that space is over-the-limits already. Hence, a density problem. The average household space per person in HK is 167 square feet, and it doesn’t come cheap. The same situation is in Tokyo and Singapore, having 329 and 247 square feet of space respectively. In the US, this space is 980 square feet. With such small spaces assigned, people have to take the help of self storage units. Even rotating seasonal items back and forth helps enormously in making space. Dislocation Dislocation can be due to positive factors or negative factors. Positive factors include moving to study at college or university, marriage, a job change, whereas negative factors can be eviction, getting fired from a job, etc. Marriage creates a demand for extra space as two households merge. Moving away for tertiary education creates space demands for students as well as parents. Parents can turn their kids’ rooms into gyms, and this would create a need for space to keep the child’s stuff. Finally, the employee turnover rates in Asia are higher than in the Western world, according to a CBRE report. 63% of employees in HK, 46% in Singapore, and 30% in Japan will change jobs after 1 or 2 years. The growing young urban population has no issues with mobility. During their transition periods, self-storage facilities can come in handy. Given all these demand drivers, the growth of the self-storage industry in Asia is still low as compared to the increase in the Western world. The following reasons can account for this rate: Land tenure Less awareness about the existence of these facilities Short lease terms Scarcity of suitably sized properties However, as knowledge about these facilities spreads in metropolitan cities, the industry is hopeful that self-storage units will become mainstream in no time. Disasters Climate change has spelled a new era of disaster for all of humanity. The UN has alerted the world that we have about 12 years to prevent an irreversible climate catastrophe. Droughts in Argentina, the cyclone Ava in Madagascar, extreme cold weather in the whole of Europe, scorching heat during the month of Ramadan in the Middle East, massive floods in Japan – all of these incidents threaten the survival of people. When people relocate after this, they do not have homes that are ready for storing their valuables immediately. Self-storage facilities can provide the space desired to stack the remainder of people’s belongings as they set out to rebuild their lives. Downsizing Even as the consumer culture spreads rampant, the adage ‘less is more’ also catches on with equal speed. After living in large homes with a mind-boggling amount of stuff, people look to pare down their belongings and move into a smaller house. Other reasons for downsizing could be- kids moving out for college, retirement, or the fact that a more modest home is infinitely easier to maintain. While downsizing, however, not all of the stuff can be sold or given away in one go. Hence, while finding appropriate buyers, all of the belongings can be kept in a self-storage unit. One can move into their newer and smaller abode […]

  • Businesses Need Document Storage, Equipment Storage, and More.

    Businesses Need Document Storage, Equipment Storage, and More.

    We’ve Got You Covered. Offsite self-storage units come as an optimal rescue measure to aid businesses. Self storage is a cost-effective method to store office documents and equipment. It is also very convenient as various self storage providers offer business and commercial storage services for pan India. Businesses are growing each day, and with this rapid growth rate, comes enormous amounts of data, documents, and equipment. The government record-retention requirements for tax purposes also makes document storage a critical matter for businesses. With real estate prices shooting for the stars simultaneously, offices need to use their available space wisely. Even with all the tools and software that are readily available for data storage, paper records are still an essential part of businesses. Not to mention, businesses require space to store their inventory in an economical way that does not cross their budget. What about those times when offices are undergoing renovation or shutting down temporarily? Storage units come to the rescue during these times and more. How could businesses benefit from offsite document storage? Store your records and save space Most businesses retain copies of paper documents for at least five years. Some might even store them for as long as the company has been running. However, the task of storing and managing all that paperwork and records is difficult. Besides having to sort the files manually, the onsite storage of these documents takes up a lot of valuable office space. Hiring a self-storage company can be beneficial. It is also imperative to note that most of the business records are ones that include proprietary and confidential information. There are several sensitive documents that you might need to save. Security is a primary concern, and it must be stored appropriately and securely. When you store them in office, you can face a lot of security issues and inadvertently can provide easy access to these records to the wrong individuals. By moving them to an offsite storage facility, the only people who can access these documents are those authorized to do so. It also safeguards the documents from being lost or stolen. Besides the additional security, offsite storage also provides added protection against catastrophes and disasters that may occur. The materials are also safe from accidental fires as the storage units are made keeping the fire safety in mind. Several self-storage units offer a cost-effective way for businesses to store confidential documents such as employment and tax records. However, it is imperative to be sure that you are choosing the right storage unit for your business. Premium security and efficient safety measures are a must. Safeguarding the documents from theft and discoloration is imperative. Take a long-term view and choose a storage facility only after doing thorough research. Easy record retrieval and time-saving search Before the documents are stored, make sure that they are cataloged, categorized, and imprinted with a bar code that identifies the file contents. This information is then added to the office storage company’s database, making it super-easy to search for records when needed. Instead of having to go through many files and boxes to find that one document, a simple computer search would allow quick and easy access. Short-term storage If you are looking to renovate or relocate your business, you can take the help of a self-storage unit to store items during this process temporarily. It also is an efficient way to save things if you want to close your business and sell all the accumulated stuff slowly. Either way, opt for a unit that also provides professional packing and moving services, so none of your precious items or documents en route to storage. Specific needs vary from business to business, and it is best to choose a facility that offers a variety of unit sizes. You get the flexibility to opt for the unit sizes that suit your needs. It is then possible to accommodate all your business possessions like desktop computers, furniture, office supplies, and office decor. You could also opt for a unit to store the extra production pieces and inventory that your company has. Additional supplies and samples can also be stored in the self-storage unit so that they do not occupy office space. Have a safe recovery plan Unarguably, data is the foundation of any successful business today. Hence, you need a data backup and recovery plan should things take a turn for the worse. Therefore, create a backup tape of all your essential files and programs, and then store them in an offsite storage location. The records must be updated regularly with the old and outdated ones replaced by new ones. They should be handled properly, which is easily facilitated by storing them in a secure, climate controlled facility. Such measures ensure the continuation and longevity of businesses even after disasters. If you have extra equipment that is in perfect working condition, for example, printers that are not in use; you could store them in a storage facility. This way, not only would this equipment be safe, but also keeping them away would initiate the creation of usable space in the office. In conclusion, businesses evolve, and choosing a self-storage unit aids a company through these changing seasons. Emergency storage, product and sample storage, seasonal stock storage, archive storage, stock, and furniture storage due to relocation of office, extra inventory storage are just a few of them. Ace the office space game by freeing up unnecessary storage space. Your business will change for the better; we promise.

  • How Self Storage Can Come to the Rescue of Businesses during Covid-19

    How Self Storage Can Come to the Rescue of Businesses during Covid-19

    Get up in the morning, dress yourselves, take a transportation option, and hit the office till evening. Then come back home and relax. This is what most of us were used to until March 2020 when Covid-19 hit us like a meteor. But now, both personal and professional lives are taking place from the confines of people’s homes. As countries world over went into swift lockdown mode, businesses had to think quickly to ensure continuity. While the more technologically advanced companies could easily shift to the online working arena, others took time to understand the requirement and adapt. With companies discovering the benefits of employees working from home, the positive impact it has on office space rentals is likely to look good on the balance sheet. Erstwhile office requirements demanded that people regularly come to the office. But the new reality demands people to stay distant even in one room and stay as far as possible from each other. Rental cost is one of the biggest expenses for any business. Depending on the location, size of the office, and internal requirements, companies spend heavily on ensuring positive work environments. But the lockdown and subsequent restrictions on the number of employees have led many to quit coming to the office entirely. A case in point is Twitter’s new rule that employees can work from home forever, even after the Covid-19 pandemic ends. Most businesses held on to their office space in the last five months. But, as things continue to escalate and as employees accustom themselves to working from home, there is benefit in redesigning your office. Given that real estate cost is a burden when incoming revenue has shrunk, businesses can make use of Self Storage. Several smaller businesses, especially startups, not only had office seating space but also had added amenities such as a game room, cafeteria, relaxation rooms, gyms, dining areas, etc. Not only are these spaces non-functional now but are most likely to be redundant in the near future if the dynamics of work culture change. Additionally, many smaller businesses that have not been given permission to open up due to lack of the possibility of social distancing will also suffer in the meanwhile. This can include gyms, restaurants, etc. What then can businesses do so that they won’t feel the pinch? One way is to downsize the office space and instead invest in a self storage space. How can Self Storage help my office needs? Self storage warehouses have a range of rooms and lockers of different sizes that can cater to your various needs. Whether it is furniture, equipment, bikes, or even confidential documents, they can all be stored at convenient places with assured safety. Until businesses resume normal operations, businesses can save a lot of money by giving up their office lease and storing items at a self storage unit. McKinsey found that in the US, 62 percent of people worked from home during the Covid-19 crisis. The figure in India is likely to be similar. Businesses that are thinking of shifting entirely to the work from home model, like Twitter, can use self storage as a temporary base until they decide what to do with the items. Additionally, the cost of renting a self storage space is much lower than renting premises. Real estate developers are anyway expecting office space leasing to drop by 30 percent in 2020 due to the pandemic. The World Bank’s prediction of the worst ever recession to hit the globe after World War II should also concern companies in the way they spend limited money. Even if businesses have started to recall employees, government guidelines need them to be placed far away from each other. The more people in an enclosed space, and the more areas they touch, the higher the possibility of the virus spreading. Either companies can prevent it by staying at home or shift out some items from the office so that the spread of the virus is contained. All these situations make it more imperative that companies think of Self Storage as an alternative to office spaces. What types of items can be stored? While you ponder over how you can make use of a self storage unit, you may have doubts about its safety. Rest assured that Self Storage India provides top-notch services at its warehouses in Noida and Gurugram. Once you rent a space, the option to enter is only provided to one main person and a nominee. Guards are on patrol at all times during the day and have been instructed to follow proper hygiene measures. CCTVs installed at various locations provide 24X7 surveillance as well. Depending on how many items you have, you can choose from a range of rooms, starting from 48 square feet up to 290 square feet. The ceiling height is over 12 feet giving you enough space to stack your items high up and fit more items. Here is a blog on how you can stack things in a self storage space. Businesses are also likely to have several confidential documents kept inside office lockers. With offices staying locked, it also can compromise the safety of these documents when no one is there to check around the area. Instead, Self Storage India’s secure utility lockers are a convenient option for those looking at reducing office space or those wanting to ensure its safety. Long term measures for my office Employees are getting used to the idea of working from home and may even want to do so later in their lives. Most predictions are looking at a future where people will use both home and office for their work. The requirement that everyone comes to the office is likely to reduce. Businesses can look at self storage as a long-term solution as well, keeping in mind the lower costs attached to it. Shifting your office items to a self storage unit also reduces the need to sanitize your space frequently. On the other hand, the spaces you rent at Self Storage India are provided proper sanitization measures as per government guidelines. Once the situation improves and more people will be allowed to return to offices, businesses can even look at changing the work structure. Depending on this, decluttering the office space […]