What You Need to Know When Starting a Mini Self Storage Business

Published on August 7, 2015
If you are interested in starting a small to medium sized self storage unit facility, mini storage software is going to be absolutely essential to running your business. Easy Storage Solutions can provide you with the software you need to effectively manage your business but there are going to be a lot of responsibilities and things you should take into account before getting started. Here are just a few things to think about. 

Abide By The Law
Before starting business planning, you’ll need to look into laws and regulations in your area to make sure you are adhering to all lien laws. You’ll also need to learn all about what goods you can allow people to store in your facility, how to deal with security issues, and how to create rental agreements. There will be lots of research but it will be well worth it in the end. 

Watch for Competition
It’s probably not a great idea to set up your mini storage business right next to one of the biggest storage facility properties in your city. Make sure that you settle for an area that is in need of a storage facility so that you have a fighting chance right out of the gate. Consider looking for new and rising areas that are growing at fast pace because those areas are likely to be in need of storage facilities. 

Create a Business Plan
A business plan is an absolute must when starting any type of business. Sure, our mini storage software can help you organize your storage units and plan but you will need to also have a concrete plan that will give you an idea of overhead costs, expected revenue, and marketing methods. Once you have a plan set in place, it can be presented to banks and investors. 

Offer a Variety of Units
Different customers will have different needs so it’s important to not go with the “one size fits all” method when designing your business. Offer both standard and temperature controlled units. Consider having several units in different sizes to meet the needs of all of your customers so that you’re not limiting your target audience.

Make Connections With Related Businesses
Often times, people use storage when they are in the process of moving. This is exactly why you should team up with moving companies so that you can provide your customers with additional resources. People don’t like having to go all over town for various tasks when they can take care of everything all in one place. 

We hope these tips help you get started on opening up your very own storage business. If you need help or are looking for some effective software, Easy Storage solutions is here to help get you started.