What To Consider When Choosing a Warehouse

The location of your warehouse can make or break your business. While it may be cheaper to rent in remote areas, busier regions are closer to the ports and suppliers you need. Know what to consider when choosing a warehouse before you make this huge decision.

Workforce Availability

One of the main things to consider if you’re starting or moving your warehouse is workforce availability. You can make your warehouse more profitable by hiring talented staff, and some places are hubs for certain types of workers. Don’t place your warehouse somewhere that’s difficult to find, or employees may find other jobs.

Proximity to Carriers

The further you are from your suppliers, the more you’ll pay in shipping costs. Being close to your supplier also decreases the odds of something getting damaged. Consider where your biggest suppliers are located and place a warehouse nearby. It may stand as a hub for shipping to other locations.

Distance From Transportation Hubs

Whether you’re receiving or shipping, you can get it done quicker if you’re near a transportation hub. Airports, trains, and more carry packages across the world. You can also try to find a warehouse near a highway to allow semi-trucks easy access to your facility.

Business Expansion

Don’t just shop for the business you run today when looking for a new warehouse. Consider your goals for the future and the possibility of expansion. You’ll want to rent a warehouse that gives you enough space to store current and future items you may sell.

Rates and Taxes

Be strategic about where you rent a warehouse. Some states offer incentives for businesses to open in their area and provide jobs. Others have higher taxes that can increase your monthly costs. Most warehouses are priced by square foot. Some cities run competitive rental rates.

Go over everything you should consider when choosing a warehouse. Find out where local transit hubs are located and situate yourself near them and your providers. Choose a location with talented workers who can perform the tasks you need.