By FMTeam The hope is that you are reading this article because you need more space for your growing business here in Thailand. The property that you currently have is not fit for purpose, and there just isn’t enough space to do everything that you need to do. It is exciting that you are now looking for the right kind of warehouse, but this is a pretty big decision, and you need to choose wisely. This may be your last opportunity to relocate your business, and you need to do your due diligence.
The good news is that you can find a warehouse building for rent that will be fit for purpose and will also be very affordable. You need to think about things like the inventory that you will want to have, and a building that will make perfect sense for the short term and in the long term. You also need to consider your future growth, so that you choose a warehouse that is perfect for your needs now, and will meet your needs in the future.
If you are somewhat confused as to what exactly it is that you should be looking for, because this is your first time renting a warehouse, the following are some of the things that you really do need to consider.
- Think about your space needs – When checking out the various warehouses that are currently for rent, think about the square footage, with regard to the floor space that you have available to you, but also think about height as well. In all likelihood, you will want to be able to stack your inventory on top of each other to save yourself space. Pay particular attention to the measurements, and make sure that the person renting the warehouse has not included the space taken up by the walls of the building itself.
- Think about the cost – You will have to pay for the rent of the warehouse itself, but you can’t ignore your operating expenses. You need to check if the operating expenses are included in the rental agreement or if this is a completely separate expense. Maintenance will have to be carried out, and you need to check if this is included in the price. Make sure you are aware of whose responsibility it is to take care of the building itself, and handling other things like trash handling, and care of the surrounding areas.
- Think about the facilities – Obviously, you want there to be electricity supplied to the warehouse itself, but if you are running any special type of machinery or automation, be sure that the voltage is correct for your needs. With regard to shipping your products out, look for loading docks that are close to the building itself. There also needs to be parking facilities for your staff members and for your customers alike. Think about whether there is any security provided, and if not, figure out the costs of putting this into place yourself.
Before you sign on the dotted line for a warehouse that you think is perfect, have a look at the contract and try to negotiate a flexible leasing term. It also needs to be close to transport routes, which will allow you to send and receive goods with ease. Take the time to read the various reviews online about the particular area that you are thinking of relocating to. This is a very important juncture in your plans to create a more successful business. Follow the above advice, and be sure to choose wisely.