In the wake of Brexit, there’s uncertainty, instability and political and economic chaos.
With a new prime minister in place there’s bound to be some re-thinking on overall direction and focus, not to mention the need for a carefully planned Brexit strategy. Overall, it’s a very uncertain picture, which means that despite only just dusting off from the dark caverns of the recession, many businesses once again remain nervous about long-term financial commitment and continue to adapt low risk growth strategies.
Britain is entrepreneurial at its very core and innovative in business, science, IT, technology, the arts and much more, but always pushing the boundaries, always looking to grow, the underdog that tirelessly fights on regardless of circumstance.
The recent fall in the value of sterling is actually proving to be a blessing in disguise for UK businesses involved in export. The 11% fall (at the time of writing) is having a positive impact on demand from abroad and some economists, such as Jonathan Loynes (as reported on PoundSterling Live yesterday) believe that sterling’s depreciation will have a positive impact in the longer-term.
More exports means more demand for warehousing & storage, operations and goods loading, so export business are looking for space. No one can afford to turn away from lucrative business opportunities but few want to risk long-term capital expenditure either.
Expanding operational space on a tight budget
So how do you expand your operation, capitalise on growth whilst keeping investment to a minimum?
We’re seeing an increase in demand from businesses wanting to use temporary buildings to expand their on-site operational and storage capacity. Not only do temporary buildings keep investment low, but the turnaround time is very fast (just days to transport and build) creating the potential for a fast and healthy return that can then be ploughed back into the business.
Temporary buildings are engineered using an industrial grade aluminium frame and a range of wall and roof systems which add varying degrees of insulation – open canopies through to chilled storage units.
Many of the benefits come from this modular frame which is lightweight but extremely strong and durable. The lightweight qualities enable easy transportation and an installation time of literally days and as no foundations are needed on level hard standing – keeping costs, time and disruption to an absolute minimum.
On the flip side, strength and durability combined with compliance to the required British Standard for structural safety means these buildings can be used indefinitely and as an alternative to a permanent building – ensuring huge savings, no long-term financial commitment and minimal risk.
Sounds good, but what if growth declines and the space is no longer needed? No business wants to be ploughing resources into unused dead space. This is where temporary buildings really come into their own as they are available on hire contracts as well as purchase.
The construction technique of anchoring buildings down to level hard standing means dismantling and returning to the supplier or relocating to another site is a fast and simple process that leaves little evidence of the buildings existence in the first place. It is this technique that allows the hire options; something which enhances the low risk benefit and allows them to literally expand and contract their operation in line with demand.
UK wide businesses that have ongoing long-term requirements for new facilities often choose temporary buildings over permanent structures as a business strategy, and we expect that to only increase. From the industrial revolution, to the bleak recession, it is Britain’s businesses that have staunchly ploughed us through it before, and no doubt will continue to do so by their ability to be flexible and adaptable to any socio-economic factors the world and anyone else throws at us.
For many of these sectors the ability to quickly capitalise on growth opportunities whilst keeping tight control of costs and risk is essential to remain competitive and successful. If additional space is part of their growth strategy then a temporary building can go a long way to achieving the kind of improvements and profits that are typically associated with prosperity.