Self Storage

With an industry-wide vacancy rate of 8.3 percent, the demand for self-storage isn’t slowing down. Currently, about 10.6 percent of households utilize self-storage. Even with a slightly concerning economic outlook on the horizon, people still have more stuff than space and need a place to store it. It’s important to keep your marketing strategy sharp […]

Becoming a life-long learner is invaluable to the success of any business. It’s easy to find a routine and stick with it for years because “it’s working so why mess with it.” Many business owners and managers can find themselves in a rut operating this way. A great opportunity for learning and networking is to

After move-in day my freshman year of college, I asked my mom “wait, so I have to do this every year until I graduate?” If you went to college, you probably remember moving into your first dorm or apartment. You remember carrying all the things up all the stairs and wondering why you needed so

Self-storage is booming. It’s an excellent investment opportunity and here are a few reasons why. According to sparefoot.com , in the US alone, there are over 49,000 self storage businesses. Over 13 million households currently rent a storage unit for excess belongings. The National average for all unit sizes is $89 per month. With these quick facts

Whether you’re considering purchasing a self-storage business or you’re already an owner, investing in attending a convention is an important annual priority. Conventions provide many opportunities to business owners. Three important reasons to attend a convention are to: It’s easy to think you need to always be working on your business. While there’s nothing wrong

According to sparefoot.com, there are over 49,000 self-storage businesses in operation today. Current statistics indicate that 13.6 million American households utilize self-storage for their belongings. Many self-storage businesses operate at or near capacity. That’s all fantastic, right? If your business is a little less full, we are going to visit some important and free hidden

Whether you’re an owner/operator or a savvy, self-storage manager, keeping your property fully-leased is the goal. Even though most American self-storage businesses stay close to 90% full, it is important to leverage free marketing to keep it that way. Let’s take a look at four easy and free ways to market your business. You can

The sale of your self-storage business requires the same thoughtful attention to detail as when you acquired it. Originally, you considered the physical assets, number of units, amenities, and income potential. These items are still important to consider; however, determining the property’s value is where this process begins. Property Value Start your sale process by

Making money may be the first goal of every entrepreneur. No one starts a business thinking they want to lose money. If that’s the case, the second goal would likely be making sound business decisions. Sometimes, that will lead you to sell your business. Regardless of the reason, selling your self-storage business can be  lucrative

When customers choose self-storage, they’re looking for a place to store their business tools, business inventory, or other personal treasures. They want a safe and secure place for their items of monetary or personal value. As a business owner, it’s important to have a security plan to offer your customers peace of mind. Your reputation