Why Is It's The Best Choice To Rent A Godown And Why Not?

It is practically cheaper to Godown for rent in Bhiwandi than to buy one of the same sizes. And it's good for people who are starting their own business since you can start small with limited capital. It's also good if you run your business on a part-time basis or have too much stock. This will save your warehouse space and protect the environment at the same time. But sometimes having an own warehouse is necessary, because of some specific reasons like: -for heavy equipment which cannot be moved easily (forklift needed). -to store large inventory types. -maintenance involved which makes more sense if you are only using it once in a while.

-willing to throw out old outworn stock which you can't sell. -willing to do the work they need for their business (like cleaning). -willing to invest in a warehouse for a long-term period.

1) Availability: (5-10%) It is very rare and almost impossible that Godown space will go out of stock. It is not like an apartment where we have a strict quota on the number of people who stay or reside at a place.

2) Duration of Lease:  Lease taken for a smaller duration such as 6 months, 1 Year. This makes sense because if u r running a business with 5-year projections, it doesn't make sense to sign a full lease for 5 years since you don't know what your business will be like at that point of time.

3) Insurance: (8-15%) Many Godown for rent in Bhiwandi provide you insurance coverage, depending on the size of your godown and value of goods stored in it. So, if something happens to your warehouse itself or product inside can take care by ensuring your goods (better than nothing).

4) Location/Accessibility: It is hard to find free space near the city centre but location is not as much important as other facilities present around it which can drive customers directly to your business.

5) Clearance Height & Ceiling Loading Capacity:  If you require more vertical storage then it may be better for you to have your own place.

6) Competent staff to look after your godown:  If it's operational 24/7 this should have some staff always available at site.

7) Rate: Rate per sqft may vary depending on size. So, if you are looking for a large warehouse then check out multiple places before finalizing one place.

8) Availability of loading bay(s):  It's better to have dedicated truck bays near area where goods are being packed and shipped from/to, otherwise you will be making repeated trips with vehicles which can cause delays in shipment or delivery time.

9) Loading Dock Facility: Loading dock facility is very important because it saves effort, time, fuel and makes loadings and unloading hassle-free.

10) Flexible to upgrade as per your needs: Depending on what you are looking at the time of warehouse relocation, sometimes it is not possible to get an extra storage space with no extra cost. This can be bad for people who have lots of business coming up in the future, but the good news is that there are Warehouse companies that provide flexible arrangements where they will provide additional space or reduce rent if required. But before signing a long-term agreement always ask them about it so you don't run into any trouble later on when you would need more space for your goods (since they become too large).

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https://blog.storymirror.com/read/qfzvsl6k/why-is-it-s-the-best-choice-to-rent-a-godown-and-why-not