What is vital when choosing a partner for a safe deposit centre investment project?

Successful entrepreneurs rarely work alone. Some of the secret of their success lies in appreciating that it pays to partner with the right people, with the exact experience, knowledge, expertise and vision that they need, when they need to. Those with great business acumen recognise that strategic goals are achieved far faster and more efficiently when experts are appointed, and partnerships formed. That is especially valid when it comes to investments in solutions for safe storage of valuables, like automated safe deposit locker centres.

The following blog looks at some of the necessary credentials and key factors you should consider when selecting a solution provider for a major, highly secure safe storage solution.

Selecting a partner

Every investor will be different and will have their own set of criteria. Probably the easiest way to think about partnerships is to ask yourself, "Who has the capabilities, skillset and a track record of successfully established projects that I need, to move ahead with my investment plan?"

Always bear in mind what you are thinking about investing in and which suppliers have the necessary wherewithal, industry presence and quality reputation to realise your venture.

When choosing any partnership, however, there are other critical pre-requisites that you should consider. Here are just a few common factors that should be a part of the search criteria when evaluating a suitable partner to realise a safe storage investment project.

Why are automated safe deposit lockers an attractive investment opportunity?

A partner

First and foremost a partnership must be the right fit for both parties. It may be that there is an industry synergy with a collaboration, but above all, investors should expect the following from their chosen partner:

Industry expertise

• Extensive understanding and know-how in their specific marketplace
• Practical, project management insight and comprehensive execution experience
• Proof of successful implementations across different industries and an important track-record in the sector

Credibility

• A well-known company with a long-standing, proven heritage and exceptional industry reputation
• A long established and respected global presence and successful provider of high-quality professional solutions
• A reliable and trusted brand

Vision

• Flexibility and agility, with a team of experts who embrace new, emerging opportunities
• A consultative approach, supplying all round support, service and advice
  
  

Added value

Having reviewed and addressed the presence of the necessary attributes, it is worth considering what differentiates one prospective partner from another. What else can they provide that others don’t? Are there additional benefits that can help diversify and fulfil customers’ needs better?

The following questions should be answered when forging a successful strategic partnership

1. Will the collaboration cause market disruption?
   Delight a new or existing audience by questioning the existing model and provide a surprisingly positive experience to revitalise an old process.
2. Can the partner provide more than you anticipated?
   Do they have complementary services, support or expertise like marketing resources for joint promotion?
3. Does their offered solution extend beyond yours?
   Do they have facilities or a structure that could lead to more than one long term investment project? Is the partner solution offering a more secure specification or a higher certification grade for extended protection? Does their long standing reputation or heritage afford your service far better credibility with a target market that you did not previously have?
4. Do their resources supplement and extend yours?
   Can any of the partner’s operation become an extension of and add value to yours?
   
   

Conclusion

A shrewd entrepreneur collaborates with other like-minded entrepreneurs in their network, multiplying their results and maximising the others’ experience, expertise and strengths.

If you are interested in learning about the credentials of Gunnebo Safe Storage as a partner to help realise an investment project in the business of automated safe deposit lockers, then we suggest you download our complimentary investor guide entitled‘’Why are automated safe deposit lockers an attractive investment opportunity? A guide for private investors’