November 27, 2019
Everyone wants a substantial return on investment (ROI) in a business venture, but what does that look like? ROI is the profitability ratio determined by dividing net profit from an investment by the amount of the investment. The most common method of calculating ROI in the storage facilities industry is the capitalization rate. […]
November 26, 2019
We are a nation that loves our “stuff”. We buy clothes, furniture, decor, gadgets, and so much more. It’s how Americans set the stage for life. And during the holiday season, people get a lot MORE stuff. They don’t want to get rid of anything they already have; they want a place to keep […]
November 11, 2019
Though there is some disagreement in the franchise world whether a franchisee is a “real” entrepreneur, the evidence is strong to support that, yes, a franchisee is a true entrepreneur. Those arguing against this position would say that the franchisee did not invent the concept and franchise system of the brand and are only […]
October 30, 2019
A portable storage franchise is a sound investment that delivers a strong, reliable return. It is a relatively safe, recession-resistant business model that can be scaled gradually to increase profit margins as time—and ambition—progress. But getting it started may require assistance in funding. Though some entrepreneurs may have capital of their own ready to […]
October 22, 2019
Operating a portable storage franchise is a pretty straightforward revenue-generating opportunity, with an appeal that traditional self-storage places don’t enjoy. Industry resource Inside Self-Storage notes that a portable storage business typically will serve an area with a radius of 30 miles larger than a fixed-location storage facility would—while being able to charge rates for container […]
