• Opportunities in Records Management: An Overview
    There are many essential elements to developing, managing, marketing and operating a successful commercial records-management business. This article provides a brief overview of the commercial records industry. It also discusses many of the basic components of records ...More
    January 1, 2003 Steven J. Hyman Posted in Articles
  • U.K. Self-Storage: A Gem of an Industry
    OUT WITH THE OLD AND IN WITH THE NEW--WHAT A GREAT BOOST TO THE NEW YEAR'S FILL-UP RATES, especially if everyone keeps the old and sticks it into storage! It's already 2003, and we wonder if the incredible growth of storage phenomenon can match last year's. Oh, yes, it ...More
    January 1, 2003 Graham Lomax Posted in Articles
  • State of the Industry Report
    A slow economy and declining demand put domestic self-storage to the test. What role will overseas expansion play? Crowded markets and a lagging economy over the past year tested the myth that self-storage is recession-proof. Some stores faired well. Others saw occupancy ...More
    January 1, 2003 Amy Campbell Posted in Articles, Development, Finance
  • Forecast '03
    While they may not have an all-seeing crystal ball, the industry experts who shared their predictions for the upcoming year with Inside Self-Storage do know a thing or two about the business. They are self-storage consultants, presidents, CEOs and all-around gurus. Here's ...More
    January 1, 2003 Posted in Articles, Development, Finance
  • Wizards of Ob (Overbuilding)
    WHEN DOROTHY GALE RUNS AWAY FROM HOME IN THE OPENING SCENE OF THE WIZARD OF OZ, SHE ENCOUNTERS PROFESSOR MARVEL, a benevolent charlatan who professes to see all in the gaze of his crystal ball. He foretells an illness befalling the famed Auntie Em, which prompts Dorothy to ...More
    January 1, 2003 Teri L. Lanza Posted in Articles
  • European Storage: Another Year, Another Opportunity (or Two)
    FORTUNATELY FOR ME, I'VE ALWAYS HAD A TWO-WEEK BREAK over the holidays, as my main business is not a retail operation such as a self-storage facility. So this festive period has always been a great relaxing fortnight, spending time at home with my family. During this time, ...More
    January 1, 2003 Andrew Donaldson Posted in Articles
  • Real Estate In 2003
    IT IS NOT OFTEN SOMEONE IN THE REAL ESTATE BUSINESS WILL OFFER A GUARANTEED PREDICTION OF THE MARKET, but here it is: It will be different from 2002! I realize this doesn't seem like much help in planning for the future, but if you spend 10 minutes reading the balance of ...More
    January 1, 2003 Michael L. McCune Posted in Articles
  • Legal Perspectives
    A question I am frequently asked by self-storage operators is what they should do if a tenant passes away. Before society became so litigious, I used to recommend having co-tenants, if possible, on each space. For example, if the person renting was married, he would name ...More
    January 1, 2003 Jeffrey Greenberger Posted in Articles
  • Winning the Pricing Game
    On a recent business trip, I accidentally left my razors at home and made a necessary stop at a convenience store. The same razors that would have cost $2.88 for a bag of 10 at Wal-Mart were $3.89 for three. What does this have to do with self-storage? It's a prime example ...More
    January 1, 2003 RK Kliebenstein Posted in Articles
  • Managers' Wages
    IN THE COURSE OF RUNNING MY BUSINESS, I SEE WHAT a lot of owners are offering their management staff in the way of base wages, bonuses and medical benefits. Let me say this: We have certainly come along way in the past 10 years. Back in the Dark Ages of self-storage, you ...More
    December 1, 2002 Pamela Alton Posted in Articles