Some small businesses are having a hard time in a city with high costs of living, and with the Port of Melbourne set to increase rent rates, it’s going to be more difficult trying to make ends meet. The major price hike – which would be a result of the port’s privatisation – is an estimated 800% change in the current rates.
A majority of (if not all) local exporters would be suffering a huge blow to their overheads. Some shippers might even be forced to switch to another port just to save on costs, even if they would have to sacrifice some parts of their business and resources, which puts some jobs at risk. Experts predict that the change could be severely felt by the Victorian government and its people.
Start-ups and small businesses in Melbourne operate with limited budget. Of course, whether you’re working with thousands or millions of dollars, you have to be smart in allocating your resources. You have to decide what to buy or what to do on your own and what you ought to rent from or outsource to another company.
If your company has warehouse needs, you might find it too expensive to invest in an industrial property. Although there are high returns linked to buying these types of commercial property, they come with high risks, too. They imply a higher cost of entry for your business, especially in a top industry hub like Melbourne, where real estate is more expensive than remote locations. You would also need to consider building maintenance expenses and manpower.
Start-up businesses that design and produce their own merchandise oftentimes have not much leeway when it comes to storing inventory before they are shipped to retail. In some cases, their own storage options can even do more harm than good, warranting the need for a third-party logistics (3PL) provider. Jamie Wyatt of Business 2 Community said the help may be effective if there were clean lines of communication from the very start.
Melbourne is already a hotbed of start-ups, with the city administration throwing its support for businesses seeking to get ahead in a number of sectors. Still, having a good warehousing service to cover for your finished goods while awaiting deployment of the latest order may be a win-win for your business. That’s why you need 3PL warehousing providers and freight forwarders in Melbourne like State Transport to cover the bases fast.
Melbourne is known for producing over 21 varieties of tipple and boasts of at least 800 wineries. Local wine producers are no doubt keen on maintaining Australia’s reputation as the world’s largest non-European wine exporter. If you operate a winery and your bottled output is ready for distribution, whether domestic or overseas, you can count on transport companies from Melbourne such as State Transport to rise to any challenge.
Aside from carrying out the necessary precautions prior to shipping, you must also see to it that your shipments receive proper handling and storage. You cannot afford to have any blunders, after all, particularly if circumstances require that your stock be shipped out fast. Take some notes from veteran sommelier Curtis Marsh.