Daily Bulletin

Business Mentor

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  • Written by NewsServices.com


One of the biggest challenges small and medium enterprises face over the years is achieving constant, sustainable growth on a budget. Expansion can bring a business exciting opportunities and experiences, but the road to upscaling success is filled with several obstacles and hindrances. According to the Bureau of Labor Statistics, these hurdles are the reason more than 20% of startups fail in the first year, and nearly 50% of small businesses fail in the first five years.

The two major reasons small and medium enterprises fail are declining market demand and lack of finance. A CNBC report further concluded that the downfall of a company arrives even faster if poor quality labor restricts its potential. How can small business owners in Queensland, Australia expand their firm's growth with all this uncertainty and fear looming over their heads?

A business doesn't always require generous financial backing to expand its business in terms of office space, revenue, or more. Surprising, right? But it's true! Sometimes expansion only needs an innovative mindset, the ability to think outside the box, and the courage to convert ideas to reality. One such imaginative way of expansion is using shipping containers. Here are four creative ways small business owners can use shipping containers to grow their company on a budget - both literally and figuratively:

1. Storage Space

Companies dealing with products need to acquire more customers when looking to expand their business. More customers mean that the firm now needs a bigger inventory. However, storing and maintaining this inventory presents enterprises with several additional costs. Small businesses can use 2nd hand shipping containers for sale to create customized warehouse space that minimizes inventory costs. Using shipping containers will help a startup reduce operational costs and warehouse rental expenses. Another plus about using shipping containers is that they are mobile - businesses can place their flexible storage spaces wherever they want.

Moreover, shipping containers are manufactured using steel, aluminum, and fiber-reinforced polymers. These elements come together to create Corten steel - also known as weathering steel, which is strong and more corrosion resistant. Shipping containers’ ability to withstand weather conditions makes it a worthwhile investment for safe storage when looking to expand the business on a budget.

2. Transportation Needs

Why partner with big logistic companies to expand your business when you can use shipping containers to transport items from one place to another? Small and medium enterprises in Queensland, Australia, can use this smart and innovative way to tackle additional costs and expand their business by marketing and selling their products to a more extensive target market. Here is all the benefits startup owners can enjoy if they use shipping containers for all their transportation needs:

  • * Shipping containers are strong enough to carry many products in one go.

  • * Shipping containers can resist various weather conditions, meaning they don’t require excessive regular maintenance and repairs to perform well during transportation.

  • * Shipping containers can also be used as storage spaces, saving businesses a lot of time delivering products to the intended destination. That’s because businesses don’t need extra labor and money to shift products from the warehouses to the transport vehicles and vice versa.

  • * Shipping containers come in various sizes. Businesses can find a size that fits their transportation needs best without worrying about additional costs and expenses.

  • * Shipping containers’ material protects businesses’ goods and services from fire and natural disasters.

  • * Shipping containers are very cheap, meaning they can satisfy limited budgetary needs too.

  • * Shipping containers can transport goods all over cities like Queensland and even to other countries like Australia to Canada.

3. Office Space

Renting an office space is expensive, and most of the time, it doesn’t satisfy a certain business’ complete requirements. Startups tired of small office spaces can use shipping containers to expand their business and set up spacious temporary or permanent offices. People can spend less money and create a customized shipping office that fits their ideal needs and requirements. Nowadays, more and more companies use flexible shipping containers to expand their office space and create a nurturing work environment.

Shipping container offices feature several advantages alongside customization and cost-saving benefits. Business owners can use them to create temporary offices in an ideal business location or close to potential clients. Moreover, they can set their offices in several places without renting expensive spaces, making their business more conveniently accessible to the target market. The best part is that shipping container offices look very appealing to the eye too.

4. Entertainment Facilities

Business expansion is not possible if employees are unmotivated and unhappy. Small business owners should do their best to keep their employees entertained and excited, which does not require a massive budget. Shipping containers can benefit startups a lot in creating fun spaces and activities for their employees to unwind and relax. Here are some shipping container ideas small and medium businesses can utilize to introduce their employees to the idea of fun:

  • * Beat the year-round heat of Queensland, Australia, by using shipping containers to design portable swimming pools for the office.

  • * Plan a vacation for the employees, but instead of booking hotels, create custom hotel spaces using shipping containers that can be reused for a long time.

  • * Repurpose shipping containers and create a sauna for employees to enjoy a moment of relaxation.

  • * Convert shipping containers into medical and sanitary facilities for the office to show your employees love and care.

  • * Use shipping containers to create attractive cafes, restaurants, and break rooms for employees to socialize.

Conclusion

Truth be told - did you ever imagine using shipping containers to maintain an average of 15% to 45% year-over-year business growth? Honestly, the success rates of using unconventional ways to expand a small business are much more promising than traditional ideas. Moreover, this innovation helps a small and medium enterprise stand out from the crowd and create its unique personal brand - customers love that.

Step out of the stress of setting aside a massive expansion budget for renting a bigger office space, making deals with significant logistic companies, or enhancing employee motivation. Let the tips mentioned above guide you to using shipping containers to your advantage. Notice a significant improvement in employee motivation, revenue boost, and other benefits once your shipping container office, entertainment facility, or transport service takes off.

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