3 Indicators You Could Use a New Steel Building for Your Retail Business
A new steel building is an ideal solution for retail businesses that have outgrown their current space and are looking to expand.
Many retail business owners have a long-range plan, or a vision of how they’d like to see their company grow. However, it’s easy to get caught up in the day-to-day grind and lose sight of the big picture. For instance, after five years, you might have pictured yourself moving into a new steel building, only to realize that time is already fast approaching.
The majority of entrepreneurs are adaptable enough to make their current retail environment work for them. It might not be the perfect setup, but you’re still able to pay the bills and turn a bit of a profit.
However, there comes a point where half-measures will prevent you from achieving those long-range goals. To give yourself the best chance of success, you need to give your business the space it needs to grow. Here are a few situations where you might finally need to consider constructing a steel building to house your operation.
1. Cramped quarters
A lack of space is one of the most obvious indicators that you’re business has grown beyond the capacity of your current building. Some of the telltale signs include:
- Not enough floor space to display product
- Storeroom overflowing with inventory
- Lack of office space for administrative employees
- Inadequate lunchroom and other staff facilities
As mentioned, you might be able to make the situation work for a while, but it’ll start having a negative effect on your bottom line in several ways:
- Lower staff morale
- Decreased productivity
- Lost, damaged or outdated inventory
- Missed sales opportunities
- Drop in customer satisfaction
With a new steel building, you’ll avoid many of these issues and benefit from a retails space that’s configured to your needs.
2. Building is run-down
The building you occupy is an extension of your company’s brand. If the exterior is outdated, or in a poor state of repair, you’re going to struggle to attract new customers. You might even start to lose your existing customer base.
And if your floor plan is poorly laid out and uninviting, customers won’t feel inspired to shop there.
These days, pre engineered metal buildings help solve both of these problems. Regarding the exterior, there are a variety of attractive finishing materials and accents that will add curb appeal to your operation. Along with an array of customized roof types, there are many options for exterior finishes such as:
- Stucco
- Brick
- Stonework
For the interior, prefab buildings are renowned for providing open, clear spans that allow you to configure your floor space for maximum efficiency.
3. Mounting maintenance costs
Older buildings are prone electrical, plumbing and other utility issues. If you find that you constantly have to pay to repair or maintain your retail space, it might be time to weigh the cost benefit of investing in a pre engineered metal building.
To learn more about the benefits of pre-fabricated buildings, read our post: Why Metal Building Kits Are Ideal for Retail Operations.
Has your retail business outgrown your current building space? Metal Structure Concepts will design and erect a pre-engineered steel building specifically for your retail needs. Call us to learn how we can help create your ideal work environment.