• Business-Buying Legalities
    I called my lawyer the other day and asked, “May I ask you three questions for $100?” “Sure,” he replied. “What are the next two questions?” Lawyers are in the business of selling time. Those of us in the car wash and storage businesses sell time too, but we often don’t ...More
    March 1, 2007 Fred Grauer Posted in Articles
  • Rental Agreement Reviews
    When was the last time you looked at your rental agreement, reading it word by word, paragraph by paragraph? Did you see some provisions that surprised you? Confused you? Worried you? The rental agreement is one of the foremost business tools for self-storage operations. It ...More
    March 1, 2007 Scott Zucker Posted in Articles
  • Homeland Security
    The U.S. Homeland Security Department, established after 911, was obviously created to prevent terrorist attacks. Although the effectiveness of the department is still uncertain, self-storage operations are feeling an impact. Storage facilities are considered potential ...More
    March 1, 2007 Kenneth Piken Posted in Articles
  • Rental Agreement Snafus
    Self-storage rental agreements protect both the facility and the tenant from unfair business practices. But operators whose leases aren’t legally up to snuff stand to lose important rights. Rental agreements must first warn tenants that personal property stored in the unit ...More
    March 1, 2007 Vin A. Fichter Posted in Articles
    Every storage owner and manager has the same goal—to keep units rented. Self-storage isn’t a service industry in the same way as plumbing or carpet cleaning, but how we service storage customers has a direct correlation to unit rentals. “Customer service is the new ...More
    March 1, 2007 Sue Weinman Posted in Articles
    This year, Schwarz Paper Co. celebrates its 100th year of commerce—and launches Supply Source One, a single-source site for ancillary resale items and business supplies. Storage owners can choose from 37 types of locks, 300 different boxes, 15 variations of bubble pack, ...More
    March 1, 2007 Elaine Foxwell Posted in Articles
  • Storage Speak
    In February, we were delighted to announce the recipients of the 2007 Inside Self-Storage Scholarship Program. We received applications from many qualified and gifted students, which made the selection process a right challenge, let me tell you! But our committee narrowed ...More
    March 1, 2007 Teri L. Lanza, ISS Business Development Manager Posted in Articles
    Storage Investment Advisors (SIA) was formed by eight partners to provide advisory services to the transactional side of the self-storage industry. Headquartered in Houston, the firm offers brokerage, valuation analysis and value- enhancement consulting services. Financing ...More
    March 1, 2007 Elaine Foxwell Posted in Articles
  • Protecting Yourself Against Employee Dishonesty
    Are you aware of the benefits of employee dishonesty insurance? Many self-storage facility owners aren’t, even though this coverage can be as important as fire insurance when it comes to protecting your business. Unlike damage caused by fires, losses due to employee ...More
    March 1, 2007 Randy Tipton Posted in Articles
  • Working With Insurance Agents
    Webster’s defines “trust” as, “a firm belief in the honesty and reliability of another; a confident expectation.” One would think it would be easy to find an insurance agent that mirrors this definition, but many of us seem to have an inherent distrust for insurance ...More
    March 1, 2007 Kirk W. Nash Posted in Articles