• Success as a Team Effort
    NOW THAT WE ARE INTO A NEW YEAR, IT'S TIME TO TAKE A GOOD LOOK at your facility's bottom line from 2002 and ask yourself some important questions. Did you achieve the goals you set for your facility? Did you perform your best? Did your management company work well with you? ...More
    February 1, 2003 Pamela Alton Posted in Articles
  • QuikStor
    SINCE 1987, QUIKSTOR HAS PROVIDED DEPENDABLE SECURITY AND SOFTWARE SOLUTIONS TO THE SELF-STORAGE INDUSTRY. The company offers a complete system that integrates security, management and marketing. Its proven lines of affordable, forward-looking products give businesses a ...More
    February 1, 2003 Posted in Articles, Technology
  • Preparing a Facility for Sale
    There comes a time in the life of every self-storage facility when its owner decides to sell. The reasons for selling can vary considerably from one owner to the next. It may be for estate planning, the acquisition or development of another facility, the dissolution of a ...More
    February 1, 2003 Rob Schick Posted in Articles
  • Specialized Insurance Coverages
    THE SELF-STORAGE INDUSTRY HAS UNDERGONE A SERIES of tremendous changes over the past two decades, evolving from a core group of small, mom-and-pop facilities to a large, powerful organization of professional business people. The rapid growth of the industry has further ...More
    February 1, 2003 Posted in Articles
  • Construction Corner
    Construction Corner is a Q&A column committed to answering reader-submitted questions regarding construction and development. Inquiries may be sent to construction@ministorage.com. I own a carwash and would like to get into the storage business. What is the best way for ...More
    February 1, 2003 Posted in Articles, Technology
  • Purchasing Self-Storage
    You think you would like to buy a self-storage facility and are getting emotionally ready to make what could be the biggest purchase of your career. But unless you have bought and sold several facilities, you are walking into territory about which you know very little. This ...More
    February 1, 2003 Tron Jordheim Posted in Articles
  • Conducting a Feasibility Study
    Your stocks aren't performing as you would like and you've been told self-storage is a "cash cow," but you're relatively unfamiliar with the industry. How do you choose a property? How do you determine if it will be successful? A feasibility study will provide the initial ...More
    February 1, 2003 Stephan Ross Posted in Articles, Development
  • Creating Wealth Without New Capital
    If you are the owner or developer of a self-storage facility, you can rent air. How much can you rent? How high is the sky? The two fundamental differences between self-storage and commercial records management are renting cubic vs. square footage and changing the storage ...More
    February 1, 2003 Cary F. McGovern Posted in Articles
  • The Image of Self-Storage
    SELF-STORAGE IS SOMETIMES TREATED LIKE THE RED-HEADED STEPCHILD OF THE BUSINESS WORLD. The public image created by unfortunate past events and circumstances makes a manager's job more challenging. It becomes our responsibility to educate the public and dispel the belief ...More
    February 1, 2003 Terry Walters Posted in Articles
  • Nontraditional Records Management
    Developers with existing self-storage assets and plans for diversity in services can find no better model than nontraditional records management, which can be adapted to a low-cost model with little or no new capital and very low manpower requirements. A recent calculation ...More
    January 1, 2003 Cary F. McGovern Posted in Articles