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.

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...

Bracing for the New Normal: A Sanitized Self-Storage Employment and Customer Experience

Oct 09, 2020

Once the pandemic subsides, how will our lives and workplaces be permanently affected? Here’s betting that sanitization, health and safety become integral parts of self-storage business operation and the customer experience.

Evicted Tenant Arrested for Fire, Other Damage at Waterbury, CT, Self-Storage Facility

Oct 09, 2020

A former tenant was arrested on Tuesday after he allegedly set fire to the manager’s office at a self-storage facility in Waterbury, Conn. Jacen Heslop, 32, was charged with arson and several other crimes related to damage he’s accused of causing...

ISS Store Featured Product: Inside Self-Storage Virtual Event 2020 Seminar Videos

Oct 06, 2020

The recent ISS Virtual Event drew hundreds of industry professionals into its exhibit hall, networking lounge and education theater. If you missed the online conference and tradeshow, or want to revisit the seminars you attended, you’re in luck...

A 3-Point Strategy to Operate Safely During COVID-19: Insight from Store Space Self Storage

Oct 02, 2020

Self-storage operators everywhere are adapting to the new reality of business in a time of coronavirus, embracing new operational tools and strategies. Store Space, which owns or manages more than 30 facilities in 15 states, shares its three-point...

Nampa, ID, Officials Consider New Zoning Regulations for Self-Storage

Sep 25, 2020

Nearly a year after city officials in Nampa, Idaho, ended a moratorium on new self-storage, they’re again considering how to handle this development type. The Nampa Planning and Zoning Department (NPZD) is deliberating a zoning amendment that...

Self-Storage Workplace Safety: Simple Steps to Minimize Hazards

Sep 24, 2020

Any self-storage facility can present safety hazards for tenants, staff and guests. To minimize risk at your property, be proactive through these simple steps.

Red Bud, IL, Self-Storage Owner Fatally Crashes Helicopter Into His Own Facility

Sep 22, 2020

The owner of a Red Bud, Ill., self-storage facility lost his life on Saturday when he crashed a helicopter into his facility at 1290 W. Market St. Welda W. DeRousse Jr., 74, was the only person on board, according to sources. The incident took...

Workers’ Compensation Insurance for Self-Storage Businesses: Benefits, Requirements and More

Sep 18, 2020

There are many important insurance coverages a self-storage owner should have in his policy, but one that’s often overlooked is workers’ compensation. Learn why this coverage should be a priority as well as its benefits, requirements, premiums and...

Self-Storage Talk Featured Thread: Operators Share Their Experiences in Facing the Furious West-Coast Fires

Sep 15, 2020

The wildfires raging along the West Coast have consumed 4.6 million acres and claimed at least 36 lives. They’ve also greatly affected the air quality for millions of people in California, Oregon and Washington. Keeping a self-storage business...

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