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Risk Management

From criminal activity to onsite injuries to natural disasters, self-storage operators must predict and and mitigate all manner of business threats. Important aspects to managing risk include understanding legal issues, practicing theft prevention, investing in insurance coverage, and keeping pace with laws that affect the industry.

Highlights
Woman Charged in Burglary of Gallatin, TN, Self-Storage Facility
Oct 14, 2020
Police have charged and are searching for a woman they believe was involved in several break-ins last month at a Gallatin, Tenn., self-storage facility. Four storage units were breached during the Sept. 12 theft of Red Dot Storage at 1261 Airport...
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Why Self-Storage Owners Must Have a Succession and Estate Plan
Oct 10, 2020
Whatever your feelings about the self-storage business you own, you can’t run it forever. If you don’t intend to sell, you need a solid succession and estate plan. Learn why this planning is important, what poor planning could cost, and how to...
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