Self-Storage Metrics Checkup: 10 Facility-Performance Checklists Owners Should Regularly Review
By Alyssa Quill
If you own a car, you continuously monitor the gas gauge and refuel when the tank gets low. You likely measure how many miles you’ve driven and try to change the oil every 5,000 miles or so. You may even track how many miles per gallon of gasoline you’re getting and adjust your driving to get the most out of each drop.
If you own a self-storage business, it needs regular checkups as well. Here are 10 key metrics you should monitor at least monthly, if not more often. Adjusting the factors that determine those measurements will help you maximize efficiency and the bottom line, directly impacting the value of your property.
Each metric is accompanied by a handy list of probing questions to help you keep an eye on its progress.