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In uncertain times flexibility is key for business success
March 2008
With uncertain times ahead for the UK economy managing costs and future risk is vitally important. In the last five years small businesses have seen considerable increases in the cost of raw materials, utilities and employment and with the current downturn in the economy it is essential that businesses review their cost base and guard against over commitments with their outgoings.
Local Entrepreneurs Nick and Andy Wood feel that the trend in the U.S of flexible space is key particularly during a difficult economic period. "Having been involved in growing and downsizing businesses with ever changing needs we have learnt it is important to operate from business space which is suitable today and in the future as a business’s needs change".
Traditional business space has always been about long term leasing; in the event of you outgrowing the space or needing to reduce your overheads you would have to compensate the landlord or even pay rent for space until the end of your lease with an unsympathetic landlord.
Interesting statistics show there are six million square feet of free office space in the City of London, three million of which is being paid for by companies that have had to move out as they grow larger or downsize and can't sub-let it to anyone else. This trend is apparent up and down the country with growing or contracting companies paying for space they don't require.
The brothers through their self storage business at the Weston Centre believe they have the perfect solution with their flexible small business offices, workshops and storage units. Storage Boost Business Space enables businesses to rent, high quality business space for as short as one month on a flexible basis.
Francis Ceow of FK Marketing is a prime example of the demand for flexible business space. "In December 2006 I launched my Massage Chair business from Storage Boost Business Space in Crewe over the last two years we have changed our space requirement three times without penalty".
Nick and Andy Wood launched Storage Boost Self storage and Business Space in January 2006. They now have centres in Stafford and soon to be East Manchester. Storage Boost in Crewe is used by nearly one hundred small businesses including online retailers, I.T consultants, food delivery firms and many more all enjoying the benefits of low cost flexible business space.