What is a Realistic ROI for a Mini Storage Franchise?

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.   […]

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Foster Your Entrepreneurial Spirit Into a Thriving Side Hustle

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 […]

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Why is an entrepreneurial spirit important in a franchisee?

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 […]

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Franchise Financing: How to Fund a Portable Storage Franchise

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 […]

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Tips on Opening Your First Portable Storage Franchise

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 […]

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