February 6, 2020
The more stuff people buy and keep, the more places they need to keep it all. Closets are packed to the hilt. Garages are so full homeowners can’t even park their cars in them. It’s a basic truth in American life, and it’s why the self-storage business as a whole continues to stay strong. […]
Read MoreJanuary 23, 2020
As we enter a new decade, the self-storage industry, including portable storage, remains very strong and looks toward more growth. Bold Business reported that the $38 billion industry has enjoyed 7.7 percent annual growth since 2012, thanks to several factors. As the report notes, baby boomers downsize, millennials move into crowded urban areas, and […]
Read MoreNovember 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. […]
Read MoreNovember 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 […]
Read MoreOctober 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 […]
Read More