• Business-Interruption InsuranceProtecting your income during temporary business shutdowns
    Business-Interruption InsuranceProtecting your income during temporary business shutdowns By David Wilhite Every self-storage facility owner should be aware of the need to protect his income against business interruptions. If you should sustain a direct physical loss from a ...More
    May 1, 2000 David Wilhite Posted in Articles
  • Storage Units or the City Dump?
    Storage Units or the City Dump? By Pamela Alton One day, as you are making your rounds at your facility, you notice a broken lamp with no shade sitting beside your dumpster. Within 15 minutes, there also appears an old dresser with one drawer missing. By the end of the day, ...More
    May 1, 2000 Pamela Alton Posted in Articles
  • Self-Storage Software 2000With Y2-chaos now behind us, the focus is once again on the product itself
    Self-Storage Software 2000With Y2-chaos now behind us, the focus is once again on the product itself By Barry Morris Now that we're deep enough into 2000 to have stopped writing 1999 on our checks, it's apparent that things here on Mother Earth aren't as futuristic as many ...More
    May 1, 2000 Barry Morris Posted in Articles, Technology
  • We're Dead-Eyes All Right--Right in the Foot
    We're Dead-Eyes All Right--Right in the Foot By Harley Rolfe Most self-storage operators set themselves up for the most vicious type of business pressure. The story of unbridled price competition needs to be told. I have usually danced around the subject, trying to avoid ...More
    May 1, 2000 Harley Rolfe Posted in Articles
  • Records Management Is Always Cost-Justified
    Records Management Is Always Cost-Justified By Cary McGovern ithout exception, records management is always less expensive than passive records storage. This column discusses the method that can prove it to your customer. There are three typical ways that companies store ...More
    May 1, 2000 Cary McGovern Posted in Articles
  • New Kids on the Block
    New Kids on the Block By Harley Rolfe They call economics the dismal science. Boring as the subject may be, it guides sellers in effectively diagnosing and treating soft income and low occupancy. One of the incipient conditions of the self-storage industry is commodity ...More
    April 1, 2000 Harley Rolfe Posted in Articles
  • Thoughts From the Road
    Thoughts From the Road By Jim Chiswell This month's column provides me with a very unique opportunity: a chance to talk about a major self-storage meeting coming to Buffalo, N.Y., next month. No, I'm not pulling your leg. Inside Self-Storage is bringing its spring expo to ...More
    April 1, 2000 Jim Chiswell Posted in Articles
  • Another Walk Down Wall StreetSelf-storage financing players talk about the market, lending terms, interest ratesand more
    Another Walk Down Wall StreetSelf-storage financing players talk about the market, lending terms, interest rates and more By Tara Collins Higher interest rates have slowed the progress of smaller self-storage financing transactions. However, most lenders say there's still ...More
    April 1, 2000 Tara Collins Posted in Articles, Finance
  • Financial FeasibilityStarting point or best guess?
    Financial FeasibilityStarting point or best guess? By Jim Oakley When a developer locates a potential site, he has a gut feeling about its profitability based upon his experience. The first step is to then establish zoning entitlements and get a site plan approved. Next, he ...More
    April 1, 2000 Jim Oakley Posted in Articles
  • The Need for Customers' Goods Legal Liability
    The Need for Customers' Goods Legal Liability By David Wilhite If there is one absolute truism in the self-storage industry it is that you, as a facility owner, do not take possession of your customers' property; you act as a landlord and not a warehousemen. That is why you ...More
    April 1, 2000 David Wilhite Posted in Articles