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...
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...
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...
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...
by Mark Helm | Jun 9, 2017 | Self Storage Financing
I am amazed at the number of self storage owners, and business owners, that have little or no financial knowledge. I am no expert in reading financial statements. And I have struggled in the past with knowing the numbers for all of our facilities. But I have learned...
by Mark Helm | May 26, 2017 | Self Storage Financing
I have learned so much more from the investors who work with us than they ever have from me. Much of it I shared last week in Episode 112. I discussed some of the metrics, benchmark numbers, and issues I’ve learned our investors are interested in. If you put yourself...
