When setting up a new business there are multiple costs to consider. Staff, insurance, rent/purchase of premises, advertising – the list goes on. It’s very easy to lose track of start-up budgets and things can spiral out of control fast. There’s nothing worse than starting a business with large debts so it’s best to keep these costs to a minimum. Businesses that require the use of warehouse space are particularly expensive to set up as they require a lot of space and equipment. To help you save money when starting your warehouse-reliant operation, be it retail, storage, distribution or other, we have provided a few areas in which money can be saved and costs cut.
One of the biggest costs of setting up your warehouse is fitting racking/shelving. Warehouses of all sizes require racks and shelves and brand new equipment doesn’t come cheap. When first starting out there is no real reason to purchase top of the range racking/shelving and buying second hand and used can be a real money saver.
Most retailers of new racking and shelving sell it used as well and it’s always worth asking. One major benefit of the global recession is that second hand retail equipment is much more widely available as many warehouse based businesses are shutting down or cutting back their services. This also means that relatively new and advanced equipment is available at a fraction of its original price. However there are certain things to remember when buying second hand warehouse fittings.
The first thing to remember is to ensure the equipment is actually in working order. There’s no use in buying something that won’t perform its task properly. The best way to do this is to only use reputable, established retailers who specialise in warehouse fittings. If you know anyone in the same business as you it is worth asking them for advice as they might be able to point you in the direction of a trusted retailer. It’s also important to ensure that you can find a used racking retailer who will provide on-going support such as inspection and maintenance. There’s nothing worse than purchasing something then not receiving proper support. Also if a company is willing to provide on-going support having sold you second hand equipment you can be sure that they can be trusted.
The final thing to remember when purchasing used equipment is that the cheapest isn’t necessarily the best. In the current market there is plenty to choose from so take your time to find what’s best for your needs.
To find out more about new and used pallet racking visit Qubestor pallet racking, a leading UK provider of warehouse fittings.