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How small businesses can boost income with under-used spaces

Spotz February 20, 2023
 small businesses can boost income with under-used spaces | Spotz Online Marketplace for Space Rental

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Small businesses often have under-used spaces that can be rented out to the community, creating an additional source of passive income. Renting out spaces can be a great way to offset costs and increase revenue, but managing and promoting space rentals can be a time-consuming task. This is where Spotz comes in, making it easy for small business owners to increase their passive income by renting to the community.

Why Rent Out Your Space?

Many small businesses have extra space that goes unused, such as a storage room, a conference room, or a loading dock. Renting out these spaces to your community can help to offset costs such as utilities, insurance, and maintenance.

How Spotz Works

Spotz is an online marketplace that connects business owners with potential renters. The platform is easy to use and requires no technical expertise. Simply create a profile, add your available spaces, and set the rental price. Renters can then browse AND book your space through the Spotz platform. The platform handles all the payments, ensuring a seamless experience for both the business owner and the renter.

Benefits of Using Spotz

One of the biggest benefits of using Spotz is the ability to reach a wider audience for your space rentals. The platform is accessible to anyone with an internet connection, making it easy for renters to discover and book your space even if they're planning an event from afar. Additionally, the platform’s automated booking system eliminates the need for manual bookings, freeing up time and resources for the business owner.

Another benefit of using Spotz is the increased security and protection for both the business owner and the renter. The platform handles all the payments, reducing the risk of fraud or miscommunication. Additionally, the platform’s secure payment system ensures that all transactions are processed securely, giving both parties peace of mind.

Maximize Your Facility Space Usage

Maximizing the usage of your facility can generate more revenue without adding to your payroll. The key is to make your spaces easily accessible and appealing to potential renters. Once you've claimed your space and created your profile, just add your available spaces, and set the rental price and availability. Renters prefer renting through Spotz because they can search for spaces that match the dates they need for the price they want to pay.

Whether you’re looking to generate extra income or offset the costs of owning and operating your space, renting out your under-used spaces is a great way to do so. With Spotz, you can make it easy for your community to discover, rent, and enjoy your space, while increasing your revenue and maximizing your facility’s usage.

Try Spotz today and discover how much income your business' building or grounds could generate.