March 10, 2020
Opening any franchise, especially if the concept in question is a turnkey package, starts the owner on a journey toward success with a huge head start that independent startups do not get. That is twice as true for Brian Lee, a principal in Hawaii & San Francisco Development Company, based in San Leandro, California, […]
Read MoreMarch 3, 2020
Executives on the hunt for a solid investment encounter a plethora of options. But, for those prospective franchisees who don’t want to give up their full-time career (at least not yet), it takes care to drill down to those franchise concepts that truly require a lower physical presence and time commitment from day to day […]
Read MoreFebruary 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. […]
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