August 16 2021
The words business and growth are included in all success stories and are essentially what all companies aspire to at their inception or at the beginning of each business year. It’s why we first started drafting our business plan; why we hired our first employee; why we visited the bank or potential investors to raise capital; and why we rented our first office space, factory, or depot. Growing our business is why we’re in the game and it’s what drives us to achieve more every business quarter.
However, making growth possible is not an exact science. It’s a series of coinciding decisions and actions based on consummate planning and delivery. And most likely spanning various areas or departments of your company.
Sustainable growth can only happen within an efficient company that operates within its financial means. Although stipulating financial caution sounds like the exact opposite of driving opportunities for growth, it’s essential to keep certain costs within a range. This is so you can keep your company’s cash flow available for things like hiring new employees; stocking more materials or products; all of which means keeping your cash flow for your business’s primary purpose or function.
How your business could expand without moving to a larger depot or new office
Your monthly overheads is the main thing to keep to a minimum without strangling your company’s ability to operate. You might need to increase your staff so you should factor in a provision in your monthly overheads for wage increases. Increased employment, carefully planned with accurate recruitment will help you move towards increased growth. Extra staff will invariably create space issues. Therefore you may need to look at moving to larger premises to create the necessary space required.
The best way to increase your work spaces without moving to larger premises is to free up some space by using Ready Steady Store.
Many businesses in Nottingham use Ready Steady Store Storage as their self storage provider. This is because we guarantee a high level of customer service at an affordable rate. There is also the added bonus of being able to drive up to our storage units to save valuable time loading and unloading.
If you look at our size estimator you can do a quick calculation of just how much room you can make for your business. Just imagine being able to store the contents of 4-bedroomed house into a storage room!