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.
It’s never too early for self-storage operators to create a plan for facing extreme weather. Here’s advice on how to prepare as well as what to do during and after the storm.
Two Texas self-storage operators have been sued in federal court for allegedly violating the Fair Labor Standards Act (FLSA), which establishes minimum wage, overtime pay, recordkeeping, and child-labor standards affecting full-time and part-time...
An alleged burglar was arrested on Monday at A-1 Self Storage in Santa Fe, N.M., after an hours-long standoff with police. Officers responded to 1224 Rodeo Road about 6 p.m. after a caller claimed there was a man with a large knife inside his...
The year has started positively for self-storage operators in Alabama, Indiana and New Jersey, with lawmakers in those states passing industry-favorable updates to laws that affect facility operation and lien-sale procedures. This video examines...
A four-alarm fire destroyed more than 150 self-storage units on Sunday at a Public Storage facility in Laguna Hills, Calif. A passerby reported the fire at 3:22 a.m., bringing to the scene 100 firefighters who fought the blaze for more than four...
One of the greatest risks to owning a self-storage facility is employee theft. Learn how regular audits can uncover and prevent this crime as well as expose other business problems.
