• Managing Your Operational Risks
    As a self-storage owner or investor, you’ve taken a risk on a growing asset that should generate profit for an unforeseen period of time; and you want to protect that investment from potential loss. This is where risk management becomes an important aspect of your business. ...More
    March 1, 2006 Mike Gong Posted in Articles
  • Issues of Homeland Security
    "Every private citizen or business is a stakeholder in homeland security. Government can identify critical assets, conduct vulnerability assessments, and partner with state and local officials to enhance security and awareness, but only the citizen or business owner can ...More
    March 1, 2006 Kenneth M. Piken Posted in Articles
  • Bustin’ Retail Myths
    The Discovery Channel features a show called “MythBusters” on which the hosts, special-effects experts Adam Savage and Jamie Hyneman, separate truth from urban legend. In each weekly episode, they use modern science to test three popular beliefs and see if they’re accurate. ...More
    March 1, 2006 Roy Katz Posted in Articles
  • Legal Basics of Vehicle Storage
    So, you’re looking at that vacant lot adjacent to your facility and thinking, “Boy, we could sure add to the bottom line if I were to put some vehicle storage over there. It should be a piece of cake—just park ‘em, and rake in the dough!” Not so fast. Cars, RVs, boats and ...More
    March 1, 2006 Joseph D. Joiner Posted in Articles
  • Speaking of Sales...
    From what I understand, not every storage facility offers tenant insurance, and those that do don’t require it. This makes no sense. As a storage operator, you’re doing tenants a disservice by allowing them to go uninsured.Should there be an unfortunate incident at your ...More
    March 1, 2006 Tron Jordheim Posted in Articles
  • Which Entity Is Best for Your Business?
    A Glossary of Business EntitiesSources: AllBusiness.com and CT-clik.com Corporation —A state-approved organization that acts as a separate legal entity and can provide owners and shareholders with certain rights and privileges, including protection from personal liability. ...More
    March 1, 2006 Will Farrar Posted in Articles
  • The Pursuit of Self-Storage Nirvana
    From an initial association in transcendental meditation (TM) to their ongoing partnership in self-storage and real estate, Jeff Quinn and Ken Weiner are living proof you can combine operation of a thriving company with a higher purpose in life. TM is a combination of Hindu ...More
    March 1, 2006 Elaine Foxwell Posted in Articles
  • Records Mangement: Levels of Storage and Service
    Since its inception in the 1950s, the records-management industry has been perceived by many to consist of simple storage and retrieval services. But these days, the business is extremely multifaceted. As a provider of records storage in a self-storage environment, you have ...More
    March 1, 2006 Cary F. McGovern Posted in Articles
  • Post-Storm Recovery
    After witnessing the destruction wrought by the hurricanes of 2005, self-storage operators are more aware than ever of their vulnerability to natural disasters. Whether you’re an owner, manager or part-time employee, it’s essential to understand your role and responsibility ...More
    March 1, 2006 Universal Insurance Facilities Ltd. Posted in Articles
  • Creative Marketing Concepts: Attracting Commercial Tenants
    How much happier would you be if you had twice as many commercial tenants as you do now? My guess is quite a bit! Commercial renters stay longer and almost always pay on time. They’re also more tolerant of rent increases and are generally easier to deal with. So it makes ...More
    March 1, 2006 Fred Gleeck Posted in Articles