Owning your own small business offers you the freedom and flexibility of being your own boss while putting the responsibility for the business’ success or failure squarely on your own shoulders. Whether you operate a retail business, are a service provider, do consultant work, or serve as an independent contractor, you should always be on the lookout for valuable tips that can help make your business run smoothly, successfully, and profitably. Investing in a Phoenix storage unit is one of the simplest tips we have to provide you, but it can help you reach your financial goals by providing safe, secure storage for your important business items while eliminating the need to store these things in your home or office. Saving Time and Money Regardless of the type of business you operate or the location you work out of, a storage unit in Phoenix can help save you both time and money. Secure locations and temperature regulation make sure your business supplies, equipment, and inventory are kept safe from theft and damage. What’s more is that these important items are centrally located in one convenient area for when you need them. Small businesses that can benefit from a Phoenix storage unit include: Online and brick and mortar retailers; Home-based or traveling sales businesses; Consignment and resale stores; Independent contractors and consultants, such as caterers and wedding planners; Home service providers such as landscapers and carpenters; Self-employed advisors and advocates, such as lawyers and accountants. Items that can be kept in storage include home office equipment and furnishings, customer files and records, business documents and tax records, inventory, props and display aids, and machinery or tools. Tax Benefits of A Phoenix Storage Unit Finding tax credits and deductions to benefit your small business is a key element in maximizing profits and controlling costs and expenses. Phoenix storage units provide tax benefits, regardless of the type of business you are in: For those paying monthly rent for retail or office space, a Phoenix storage room can help you save money by providing a safe, convenient place to store the items you need, while eliminating the need to pay extra in terms of property expenses and utilities. The price of your storage space will not only be far less than the amount you would pay for similarly sized commercial space, but it is also deductible under IRS business expense guidelines. For those who work from home, while you may already qualify for an IRS home business credit, a Phoenix storage unit provides an addition business expense deduction to help lower your overall tax liability. Rather than take up valuable space in your home while being able to only claim a portion of that space on your taxes, you can generally deduct the total monthly cost of your storage unit as a necessary monthly expense. An additional benefit of having a storage unit is that all of your important tax documents and files can be kept in one place. When applying for small business loans and grants, obtaining business or retail licenses, or making periodic tax payments or filing your yearly return, all of your important documents will be centrally located in one convenient area, safe and secure for when you need them. Between the convenience and the tax benefits, a Phoenix US Storage Centers storage unit is one business aid you can not afford to be without. US Storage Centers 4860 North 83rd Avenue Phoenix, AZ 85033 (866) 858-7031
