Self Storage offers an Affordable Solution for Businesses worried about the Recent Faltering Economy
Kangaroo Self Storage has reported that their business inquiries have increased by 37% in the last quarter. They attribute that rise to unstable commercial property values and concern about the economy.
Dundee, Scotland (IPRWIRE) Fri. Sep. 5th, 2008 — Kangaroo Self Storage (www.kangarooselfstorage.co.uk) states that there are many reasons why businesses are turning to the self storage company to help them during the current economic crisis. Unlike warehouses and commercial property, the company is able to offer businesses the ability to put their inventory somewhere without signing a long-term commitment or paying for space that they are not using.
Businesses are turning to companies such as Kangaroo Self Storage out of fear of decreased consumer spending, along with falling property values. They feel more comfortable paying for a unit on a month to month basis. Then, if they are not able to maintain their payments, they can cancel their unit without paying any penalties.
Businesses also like the fact that they can use this type of service without hiring any additional staff or paying for utilities. With the current economic slow down, most businesses are trying to reduce their monthly expenditures, and they find that this is a viable option for housing their goods and materials. They are able to take advantage of the additional space without adding much in costs.
Steven Crystal of Crystal Decorations stated, “I did consider buying my own premises to store my stock, but falling property prices put me off that idea. I decided to use self storage instead. I just pay for the space I need and like that I can take less space if my sales drop.”