Feasibility

This article identifies and helps you understand the five challenges self-storage owners face in today's economyand steps you can take to overcome them. 

Knowing a facilty's competitors, including specifics about rates and occupancy, can help a self-storage operator keep a marketing edge.

To be of the utmost value, a thorough self-storage feasibility study takes what has been learned about the site, market and competition, then develops it for specific market and operational strategies, proposed unit mix and amenities.

Self-storage success depends on the outcome of a thorough feasibility study that covers site quality, market dynamics and financial performance.

Any way you look at it, there are certain procedures that should be followed to ensure success in self-storage ownership. And most, if not all, of these procedures require professional assistance. It means assembling a team of experts who can help...

Some significant changes in the development process have evolved adding complexity to the already challenging process. The emergence of city planning boards focused on architectural appeal has made it much harder and more expensive to find a site...