Economic uncertainty continues to prevail. Among persistent talk of a possible recession, self-storage owners would be wise to scrutinize their business and ask themselves: Am I prepared for a downturn? In this video, industry owner and investor Scott Meyers discusses the importance of performing a site or portfolio “stress test,” revealing seven areas of operation that deserve sharp examination. Not surprisingly, several involve tightening the belt on expenses, but there’s still more you can do to prepare. Learn Meyers’ strategies, just in case. They’ll serve you well under any economic conditions!
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