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Factors To Keep In Mind When Investing In A Godown

by Sagar Chauhan Digital Marketing Analyst
There are a number of factors which come into effect with the idea of replacement of your warehouse or godown. The most important and crucial factor of it is the location of the godown. Choosing an appropriate location is very important as it would provide your business with the ability to grow in a positive direction. Apart from choosing an ideal location, before confirming for a godown in the sale, you need to consider the following points too. 

Why Are You Going In For Expansion?
Well, it is a common thing that every company wants to expand and grow, reach new markets and earn higher profits. Still, every company owns a different mindset for extending the business. For some, it can be for offering a higher range of products, for outfitting the potential and new customers, for boosting up the value of the brand with the favourable location or just for capturing the potential market. 

What To Consider When Buying A Godown?

However, before investing in a godown for sale, you need to focus both on the objective as well as on the budget. If you are an owner of a small scale manufacturing company, you should try to get hold of a warehouse which is near to the manufacturing plant. 

It is because it will increase the effectiveness of your work as you can get a steady supply of the raw materials directly from the manufacturer without incurring a huge cost of transport. Next, if your company is a multi-channel seller with huge demand, you need to try to get a warehouse close to the market. It will help as you can provide an improved service to your customers along with a reduction in the freight charges.
 
What Kind Of Goods Are You Dealing With?
Apart from just the basic idea of expanding, the type of goods and services you are dealing with also impacts the location of the godown you are choosing. For instance, if your business deals with perishable or fragile goods, it is important to opt for the warehouse which is close to the source of goods as well as to the market. This will help you to reduce the amount of spoilage and damage caused by the product. 

Next, if the products you are dealing in includes goods which are hazardous or corrosive in nature, it is recommended to opt for a warehouse or godown in an isolated location so that everyone can stay safe from the contact with such goods. In short, if you want to see improvements in your business by opting for the new warehouse, it is very important to keep the factor of the basic products and services you are dealing in clear in your mind. Depending on this idea, you need to opt for buying a correct warehouse location.

Is Labour Easily Available In The New Area?
It is important to consider the factor of available location when buying a godown for sale in Mapusa. It is because, for success, you need the help of the people who will be working efficiently under you. 

So, when choosing a location, make sure that the place is easily accessible for the workforce of your warehouse. It is important to consider the distance between the area where these labours are available and the site of your warehouse. It should not be too far. 
These were the few basic points which you need to keep in mind before you confirm the deal of buying a godown which is for sale on Mapusa.

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About Sagar Chauhan Senior   Digital Marketing Analyst

167 connections, 3 recommendations, 550 honor points.
Joined APSense since, November 30th, 2016, From Delhi, India.

Created on May 28th 2019 00:37. Viewed 340 times.

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