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Finding a factory: Popular factory rental models today

September 05, 2024 07:28 AM

As businesses grow, “finding a factory for rent” becomes a crucial step in the production expansion strategy. Today, various factories for rent are creating opportunities for businesses to optimize their production processes. 1. Why should small and medium-sized enterprises choose a factory for rent? Finding a factory for rent is an extremely effective solution for […]

As businesses grow, “finding a factory for rent” becomes a crucial step in the production expansion strategy. Today, various factories for rent are creating opportunities for businesses to optimize their production processes.

1. Why should small and medium-sized enterprises choose a factory for rent?

Finding a factory for rent is an extremely effective solution for small and medium enterprises

Finding a factory for rent is an extremely effective solution for small and medium enterprises

The factory for rent has become an ideal solution to save costs and optimize production activities. There are some reasons why small and medium-sized enterprises should prioritize finding a factory for rent.

1.1 Saving initial investment costs

The first thing businesses, especially startups and established companies, need to consider is the financial balance sheet and how to save costs without affecting production efficiency. Building a factory not only requires a large investment for purchasing land and building materials but also involves additional expenses such as design, project supervision, and monthly maintenance fees.

Reducing construction risks and saving unnecessary costs

Reducing construction risks and saving unnecessary costs

On the other hand, when choosing a factory for rent, businesses can reduce these large expenses. This means that companies can allocate more resources to product development, brand promotion, and deeper market penetration.

1.2 Optimizing time to quickly implement the project

Time-frame is an equally important factor in bringing products to market. Building a new factory from scratch can take months, if not years, to complete. Meanwhile, finding a factory for rent can significantly reduce the time needed to start production operations.

Renting a factory optimizes construction time

Renting a factory optimizes construction time

Rental factories often have the necessary infrastructure in place – from electricity, water, waste treatment systems to various machinery, awaiting the businesses to install their specific production equipment. This allows businesses to quickly get started, and avoid the hassles and delays often associated with new construction due to permit and planning issues.

1.3 Easily find small-sized factories under 5000 m²

Small and medium enterprises often do not need a vast space to start. A factory with an area smaller than 5,000 m², or even a few hundred square meters, can fully meet their production needs during the initial phase.

Finding a factory provides flexibility in choosing the appropriate size

Finding a factory provides flexibility in choosing the appropriate size

Renting a factory offers optimal flexibility in selecting the appropriate size to match the different scales and needs of each business. This not only helps businesses control costs effectively but also facilitates easy and rapid expansion when they reach the next stage of development.

2. Popular factory rental models today

Factory rental models are becoming increasingly diverse with methods designed to flexibly meet the needs of each business. Below are the three most common models:

2.1 Built-to-suit factories

When businesses require a specific design or want full control over every aspect of the factory, from design and infrastructure to special technical elements, the built-to-suit model is the most suitable choice.

Built-to-suit factories serve the specific purpose of the business

Built-to-suit factories serve the specific purpose of the business

This model allows businesses to work closely with developers to create a factory that perfectly serves their specific needs. Although the initial investment costs are high and it takes a long time to transform the idea into reality, the high level of customization and the assurance that long-term lease terms will match the value of the investment compensate for these challenges.

2.2 Ready-built factories for rent

This model meets the needs of businesses seeking quick and cost-effective solutions. Ready-built factories, such as those offered by Gaw NP Industrial, are pre-constructed with structures and utility standards suitable for most industries. Businesses can “plug and play” without going through the complex process of building a factory from scratch. Additionally, these factories are often located in developed industrial zones, benefiting from comprehensive infrastructure and support services provided by the overall planning.

2.3 Multi-story factories for rent

As ground space becomes increasingly limited, especially in urban areas or expensive developed industrial zones, multi-story factories have become an innovative and efficient solution. Advanced construction technology allows for the development of multi-story factory buildings, helping businesses save land while expanding vertically instead of horizontally. This model is often suitable for industries that require vertical production space, such as textiles, high-tech product manufacturing, or businesses needing large handling and storage areas.

Multi-story factories are an innovative and efficient solution

Multi-story factories are an innovative and efficient solution

In the broad landscape of the current industrial real estate market, many companies offer a variety of factory rental services. However, Gaw NP Industrial has quickly stood out as a prominent player by providing smart and flexible factory rental solutions.

Gaw NP Industrial provides leading industrial real estate

Gaw NP Industrial provides leading industrial real estate

Gaw NP Industrial offers customers factory rentals designed to meet the diverse needs of each business, from ready-built factories for immediate production to built-to-suit (BTS) projects for more specific requirements.

Stretching from the North to the South of Vietnam, typical projects like GNP Nam Dinh Vu in Hai Phong, GNP Yen Binh in Thai Nguyen, and GNP Dong Van 3 in Ha Nam reflect Gaw NP Industrial’s commitment to providing efficient, modern, and internationally standard production spaces. These facilities meet both technical and safety standards, ensuring stability and long-term growth for businesses.

Gaw NP Industrial provides high-quality production factories

Gaw NP Industrial provides high-quality production factories

>>> See more: Discover why Hai Phong is the top choice for investors seeking ready-built factories for rent

3. Some considerations when finding a factory

When finding a factory, businesses need to pay attention to factors such as geographic location, consideration of size, cost, and particularly the accompanying amenities.

When finding a factory, some factors should be considered like location, size, cost, and accompanying amenities

When finding a factory, some factors should be considered like location, size, cost, and accompanying amenities

Location: High importance and strategic significance

– Location is one of the most impactful factors on business operations when finding a factory. The location of the factory not only affects the convenience of transporting and distributing products but also relates to accessing human resources, raw material suppliers, and even the consumer market. A centrally located factory near major transportation routes can significantly reduce logistics costs and shorten transportation time, providing a considerable competitive advantage. Businesses should consider a location that facilitates both import-export activities and attracts quality human resources.

Size: Current and future

– The size of the factory should be carefully selected to reflect not only current production needs but also future expansion plans. A factory that is too small may limit production capacity, while a factory that is too large can lead to unnecessary costs.

Cost: Value in line with quality

– The rental cost of the factory must be optimal and fair, reflecting the value it provides. Competitive pricing not only helps businesses control costs but also offers financial flexibility for other activities. Businesses need to be aware of all costs, including monthly rent, maintenance costs, and other fees, to avoid financial surprises later.

Accompanying amenities: Factors that boost production efficiency

– The accompanying amenities of the factory cannot be overlooked. A factory equipped with modern infrastructure, stable electricity and water systems, standard fire protection systems, and 24/7 security services will ensure high safety and efficiency for business operations. Additionally, amenities such as office space, a cafeteria, and parking lots should be considered to enhance the working environment for employees.

>>> See more: Why ready-built factories for lease are the ideal solution for electronics businesses

In the process of “finding a factory for rent,” every business must conduct a comprehensive evaluation and systematically approach the information. Combining market research, comparing options, and seeking reputable partners like Gaw NP Industrial will help businesses access flexible and effective factory solutions, turning the production site into a solid foundation for sustainable development and long-term success.

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