How Well Do You Know Your Tenants?
This column is for the purpose of providing general legal insight to the self-storage field and should not be substituted for the advice of your own attorney. At first glance, the topic of this column may not seem like my normal fare. This one is more of a suggestion. But ...More
December 1, 2003 Jeffrey Greenberger
Posted in Articles
As People Keep Moving
A Resent association press story in the Wall Street Journal reported “262.4 million people, five years or older, move to a new address in the last five years of the 20th century." Twenty-five percent of those people moved within the same county. The same article quotes ...More
December 1, 2003 Jim Chiswell
Posted in Articles
SouthData Inc.
“Self-storage is the hottest thing we have going,” says Rick Hunter, national sales manager for document-production company SouthData Inc. Entering the industry just over a year ago, the company experienced 30 percent growth in sales last year and an additional 30 percent ...More
December 1, 2003 Elaine Foxwell
Posted in Articles
Think Positive
Many people go to work each day unable to absorb all the events that occur. We often run on autopilot. Our first and only goal is to cover as much as possible and get through the day. It is no wonder our society is pressured for time, overstressed and exhausted. One of the ...More
December 1, 2003 Trina Van Alstine
Posted in Articles
The Interview Process
Most self-storage owners and operators have had to hire for a position at one time or another. We all know the drill. You effectively get the word out that your organization is hiring, and you end up with a stack of résumés and applications to pour through. But this is ...More
December 1, 2003 Raymond E. McRae
Posted in Articles
Working With The Appraiser
The intent of this article is to offer some suggestions to the owner who is preparing to have his facility appraised to ensure a proper valuation. The appraisal process is relatively simple. Many years ago, an appraiser could simply state the value conclusion, and it wasn’t ...More
November 1, 2003 Ray Wilson
Posted in Articles,
Finance
Applying for a New Manager Position
Each and every day, self-storage manager résumés cross my desk. As a director of manager placement, one of my duties is to oversee the staff that places managers at storage facilities nationwide. I receive about 20 to 30 résumés a week from managers looking to make a change ...More
November 1, 2003 Larry Truitt
Posted in Articles
Choosing and Working With Your Lender
Few partnerships are more important to business owners than those with their lending institutions and the lenders who represent them. When the partnership is working well, it’s the proverbial win-win for both. When it’s not, it’s a painful pairing. So how does the astute ...More
November 1, 2003 Scott Weissmann
Posted in Articles,
Finance
In The Shadow Of $
“Business? It’s quite simple. It’s other people’s money.”—ALEXANDRE DUMAS THE YOUNGER “Money is the seed of money, and the first guinea is sometimes more difficult to acquire than the second million.”—JEAN JACQUES ROUSSEAU We like to believe we have appreciation for the ...More
November 1, 2003 Teri L. Lanza
Posted in Articles,
Finance