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Have You Systemized Your Self Storage Operations?  Do You Know Why You Should?

Have You Systemized Your Self Storage Operations? Do You Know Why You Should?

by Mark Helm | Jul 14, 2017 | Self Storage Management

Most people would say there is a big difference between a self storage facility and a McDonald’s restaurant. But is there? I love using McDonald’s as a benchmark company because everyone knows who they are. They were also one of the first to systematize their...
Do You Know What Story Your Numbers Are Telling You? Self Storage Finances Series – Part 5

Do You Know What Story Your Numbers Are Telling You? Self Storage Finances Series – Part 5

by Mark Helm | Jul 7, 2017 | Self Storage Financing

We are back to where we started as we begin the end of this series on self storage finances. Hopefully, you are starting to understand what the financial reports for your business are telling you. Or the reports your soon to be business are generating.  I realized I...
Do You Know What Story Your Numbers Are Telling You? Self Storage Finances Series – Part 4

Do You Know What Story Your Numbers Are Telling You? Self Storage Finances Series – Part 4

by Mark Helm | Jun 30, 2017 | Self Storage Financing

Welcome to week four of the Self Storage Finances series. Here are the three statistics we have been discussing. 90% of all business fail within 10 years. The average swing from the bottom of an economic cycle to the top is ten years. 90% of all business owners don’t...
Do You Know What Story Your Numbers Are Telling You? Self Storage Finances Series – Part 3

Do You Know What Story Your Numbers Are Telling You? Self Storage Finances Series – Part 3

by Mark Helm | Jun 23, 2017 | Self Storage Financing

 Remember the 3 statistics we discussed last week? 90% of all business fail within 10 years. The average swing from the bottom of an economic cycle to the top is ten years. 90% of all business owners don’t read, or don’t know how to read a financial statement. We are...
Do You Know What Story Your Numbers Are Telling You?  Self Storage Finances Series – Part 2

Do You Know What Story Your Numbers Are Telling You? Self Storage Finances Series – Part 2

by Mark Helm | Jun 16, 2017 | Self Storage Financing

Over 90% of all business that are started today will fail within ten years. And don’t fool yourself, self storage is a business. Yes, it is real estate play but it’s also a business. In many ways, we are double exposed. We must have real estate knowledge as well as...
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