Lack of Storage Space Leads To New Storage Business Ideas

Modern cities loved and adored by people can be home to many facilities, comfortable lifestyles with elevated living standards, and a home for new business ideas. They say

“If you look closely, there is always a new business idea lingering in a corner.”

The Structural Failure With Regard To Storage Spaces

This is what people are doing these days in order to come up with exceptional business ideas that will not only help them earn money but also genuinely help people. Modern cities and countries like Singapore are built on practicality.

Neighborhoods and apartments are all over the place but they are built in a way so that they satisfy practical needs. Because most people are on the run for work and business, little attention was paid to large storage spaces because the habit of hoarding does not develop instantly.

When people started accumulating beautiful things in their homes which required a good amount of investment and space, the idea of letting them go upon lack of storage or replacement did not sound very good. These things also include family assets being transferred from generation to generation like pianos, chest of drawers or grandfather clocks, antiques which mostly don’t have any use but cannot be sold by people who have memories with them. Such things need a lot of storage spaces which new apartments and small homes do not have.

This is where the business idea came in. A good businessman always finds a problem in the streets and then uses his brain to find profitable solutions and this is exactly what led to the business idea of new kinds of storage spaces which will provide earning opportunities to people as well as storage spaces.

The Space Next Door Concept

There are already enough lockers and storage rooms and warehouses for the extra storage that people have. But because these were considered commercial units, people have to cover a lot of distances to get to their storage units or lockers. This discouraging factor led to the idea of Space Next Door.

How Does It Work?

This is a very simple kind of business. It allows people to find a storage space nearby through a website. All you need to do is log onto the website and register there for storage space, Select the area you need the storage space in, and voila!

The website then finds a space for you which is according to your requirements and near you as well. Some storage spaces have been known to be within walking distance from customers.

This business is booming in Singapore because it easily fulfills the requirements of the customers and helps them get a decent storage space for themselves in a busy city bustling with people and traffic.  And the best part is most of these storage spaces are known to be very cheap in comparison to commercial storage spaces.

What Can People Store Here?

The possibilities of storing items in these storage spaces are countless! It’s like having your own storeroom at a distance from your house but the best part is that these storage spaces are easily accessible and open to you 24/7 which makes them an even better option.

People have different things which they want to store but we have enlisted some of the items below which people prefer to store in these storage spaces.

Seasonal Items

There are several things in people’s homes that are only of use during a certain season. After the season ends, these things are just extra things occupying quality space. These include Barbeque Stands, Swimming pools, ice cream machines, portable air conditioners or heating stands for outdoor events in winters, fishing rods, and much more. People think of it as a great idea to put them away in a safe place which they can access in a short time and put away quickly too.

Things People Don’t Need But Don’t Want To Throw Away Either

There are several things in people’s homes and offices which they do not need but don’t want to throw away either, thinking they might need them in the future. Some people often don’t throw away stuff and prefer to hoard it because of the high cost of some products. This is why they run out of storage spaces in their homes.

For this purpose, having a storage space next door can be very beneficial because you can have quick access to all the things that you don’t need but might need in urgency. For example, if your son or daughter has musical instruments which take up a lot of space but he or she is not home for a whole semester from college, you can always get the musical equipment stored in the storage space and retrieve them when your child comes back.

Extra Items

Items like mattresses for guests and party essentials can be stored in space next door storage which can easily be retrieved when needed. You can also store your camping gear, garage tools sets, gardening items, and much more in these storage spaces.

Earning Possibilities From The Business

People have been very welcoming towards this business because it has created a lot of business opportunities for earning from home. People can rent out extra rooms, or their empty garages to potential customers who need some space to store their items and in return, they get paid for it. The idea serves to be a brilliant one because here most people are lacking enough storage space in their homes, some people have ample extra space which can be used for a useful purpose and a source of money as well.

No Large Investments Required

This is one of those businesses which requires little or no investment. All you need is an empty space in the house that has separate access to it and that’s it. When a customer comes to check out the place they can figure out if it suits their requirements and rent it for themselves. The rents are not much, this helps people prefer Space Next Door storages over other commercial storages.

 

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