Record Storage
Startup Costs: $10,000 - $50,000
Home Based: Can be operated from home.
Part Time: Can be operated part-time.
Franchises Available? Yes
Online Operation? Yes
Many companies are required by law to retain financial and legal documents and files about their business and clients for long periods of time. In some cases this can be up to ten years or more from the original date of the information or document. This fact creates a huge opportunity for the innovative entrepreneur to start and run a record storage facility, as many companies simply run out of space to store their documents and files. Ideally the business will be established in a location or warehouse that will take the following considerations into account: security, fire sprinklers, building condition, pest control, square footage, ease of accessibility, potential for expansion, central high-traffic location, and affordability. Rates for record storage vary greatly to the clients specific needs, in terms of volume of record storage and type of documents being stored. However, a well-planned and managed records storage business can post yearly profits that exceed six-figures.
Record Storage Ideas
Book Indexing Service
Are you a master organizer? Try book indexing.
Home Office Planner
Think you have the key to office space success? Help entrepreneurs design their home bases.
Referral Service
Help people find businesses that can help them out.
More from Business Ideas
He Immigrated to the U.S. and Started a Business. It's 'Not the Sexiest' But Sells Over 6,000 Units Daily — Up to $25,000 Apiece — Anyway.
When 16-year-old Amir Loloi emigrated from Iran, he didn't intend to stay in the U.S. forever. Then those plans changed.
'$220,000 in 3 Months': These Friends — One a Former Apple Engineer — Started a Side Hustle By Revamping an 'Unruly, Ugly' Product in Their Garage
Cristina Ashbaugh and Kelly McGee launched Yardsale to solve a common but often overlooked problem.
This Is the Highest-Earning Winter Side Hustle — Plus 7 Others That Can Boost Your Income
Could a seasonal side hustle help save your wallet?