Self Storage Management Services
The out sourcing of management for your investment is one of the most important decisions you can make. You need someone with experience in the industry, someone who understands and can adapt to change quickly. Let Cutting Edge Storage Management and our 25 years of experience help your facility reach its true potential.
The self storage industry is an industry unto itself. The self storage industry is not the hospitality industry, office space industry, medical supply industry, or the restaurant industry. The self storage industry has its own laws, verbiage, nuances, and operational standards. Do not try to “go at it alone” or “learn on the fly”. We are here to help you. Contact us at 801.273.1267 for a free consultation. It costs nothing to speak with us. ..Don’t worry we will charge you for other things.
Now…what services does Cutting Edge Self Storage offer??
CREATE DOWNLOADABLE CHECK LIST FOR MANAGEMENT
OPERATIONS & TRAINING:
THIS IS THE MOST IMPORTANT ASPECT OF SELF STORAGE MANAGEMENT. IT DOESN’T MATTER IF YOUR SELF STORAGE FACLITY IS THE NEWEST SELF STORAGE FACILITY IN YOUR MARKET, HAS THE BEST LOCATION, HAS THE MOST AMENITITES,THE BEST RATES, OR THE BEST GOOGLE RANKING, IF YOUR OPERATIONS ARE POOR, THE RESULTS OF YOUR SELF STORAGE INVESTMENT WILL ALSO BE POOR.
- SITE MANAGER TRAINING: CONSISTS OF SELF STORAGE MANAGEMENT TRAINING IN SALES, MARKETING, FINANCIAL& BUDGET UNDERSTANDING, RENTAL AGREEMENTS, INTERNET AND RELATED TECHNOLOGIES, RATE MANAGEMENT, COLLECTIONS, MAINTENANCE, AND CURB APPEAL. TRAINING WILL TAKE PLACE ONSITE ALONG WITH REGULARLY SCHEDULED WEBINARS AND VIDEO CONFERENCING.
- FACILITY POLICY & PROCEDURES
- DAILY, WEEKLY, & MONTHLY REPORTING
- GOAL SETTING
- UNDERSTANDING THE COMPETITION
THIS IS THE SECOND MOST IMPORTANT ASPECT OF SELF STORAGE MANAGEMENT. THE DAYS OF BUILDING A SELF STORAGE FACILITY, PUTTING A MANAGER BEHIND THE DESK, AND THEN AUTOMATICALLY STABILIZING IN 24 MONTHS ARE GONE, LONG GONE….YOU MUST HAVE A CONSISTENT AND SOLID MARKETING PLAN TO COMPETE ON A DAY TO DAY BASIS IN YOUR MARKET.
- INTERNET STRATEGIES: INCLUDING PAY PER CLICK, MAP PLACEMENT, CRAIGSLIST, SOCIAL MEDIA, AND LOCAL AFFLIATIONS
- WEBSITE DEVELOPMENT & OPTIMIZATION: YES, YOU NEED A WEBSITE. WE WILL HELP YOU CREATE AN EFFECTIVE, ATTRACTIVE, AND USER FRIENDLY WEBSITE
- VIDEO MANAGEMENT: WE WILL ACTIVELY CREATE YOUTUBE VIDEO CONTENT FOR YOUR WEBSITE AND WORK TO GET VIDEO TESTIMONIALS FOR YOUR EXISTING CUSTOMERS.
- REPUTATION MANAGEMENT: WE WILL FOLLOW UP ON WHAT CUSTOMERS ARE SAYING ABOUT YOUR FACILTIY AND WORK TO INCREASE THE NUMBER OF POSTIVE REVIEWS ON ALL RATING/REVIEW WEBSITES SUCH AS: GOOGLE, YELP, MERCHANT CIRCLE, AND CITY SEARCH. WE WILL ALSO MONTIOR ALL SOCIAL MEDIA SITES SUCH AS FACEBOOK, TWITTER, AND GOOGLE+
- PROMOTIONAL ITEMS: IMPLEMENT A REFERRAL PROGRAM; CREATE LOCAL BUSINESS ALLIANCES, TENANT PROMOTIONS, FLYERS, AND ADDITIONAL ITEMS AS NEEDED.
- SIGNAGE: WE WILL REVIEW ALL SIGNAGE ON AND OFF THE PROPERTY.
- CHARTIABLE: CUSTOMERS LIKE THAT BUSINESSES LOOK TO GIVE BACK TO THE COMMUNITY. WE WILL REVIEW AVAILABLE CHARITIES IN THE AREA.
- YELLOW PAGES: YELLOW PAGES ARE INEFFECTIVE IN A NUMBER OF MARKETS. WE WILL REVIEW THE EXISTING MARKET TO SEE IF THE YELLOW PAGES WOULD BE AN EFFECTIVE MARKETING MEDIUM IN YOUR AREA. REMEMBER, IF A MARKETING MEDIUM GENERATES MORE RENTALS AND INCOME THEN IT COSTS, YOU SHOULD REVIEW IT.
- RETURN ON INVESTMENT (ROI): WE WILL TRACK AND REVIEW THE ROI ON EACH MARKETING INVESTMENT TO MAKE SURE YOUR FACILITY IS MAKING A RETURN ON MARKETING CAMPAIGNS.
IT MIGHT SEEM ODD THAT WE CONSIDER THIS THE THIRD MOST IMPORTANT ASPECT OF SELF STORAGE MANAGEMENT. IF YOU DO NOT HAVE YOUR FACILITY OPERATIONS AND MARKETING PROGRAMS FIRING ON ALL CYLINDERS, THEN YOU WILL NEVER BE ABLE TO ACCRURATELY PREDICT FINANCIAL RESULTS. FINANCIAL MANAGEMENT WILL CONSIST OF THE FOLLOWING.
- PROJECTIONS: ANNUAL OPERATIONAL PROJECTIONS & BUDGETING
- P&L MANAGEMENT: ATTAINABLE & REALISTIC REVENUE, EXPENSE, AND NOI TARGETS
- REVENUE MANAGEMENT: INCLUDING STREET RATES, EXISTING CUSTOMER RATES, AND SIZE CODE OCCUPANCY ADJUSTEMENTS
- EXPENSE MANAGEMENT: WE WILL REVIEW ALL EXISTING AND POTENTIAL EXPENSES TO MAKE SURE YOUR FACILITY IS HIRING THE MOST EFFECTIVE VENDORS.
- DELINQUENCY MANAGEMENT: STRATEGIES AND TACTICS TO REDUCE ANY SELF STORAGE FACILITY’S DELINQUENCIES
- BOOKEEPING: MONTHLY ACCOUNT RECONCILIATION, CATAGORIZATION, AND FINANCIAL TRACKING
- MONTHLY REPORTING: WE PROVIDE A COMPREHENSIVE MONTHLY REPORT TO ALL CLIENTS.
- YOUR OPTIONS: DO YOU WANT TO SELL, BRING IN A PARTNER, BUILD OR ACQUIRE ANOTHER SELF STORAGE FACILITY, REFINANCE YOUR EXISTING LOAN, OR JUST KEEP A FACILITY FOR YOUR FAMILY? WE CAN HELP YOU WITH THAT DECISION. CUTTING EDGE MANAGEMENT HAS CONTACTS WITHIN THE SELF STORAG INDUSTRY TO HELP YOU WITH ANY OF THESE SITUATIONS.
Are you looking for Self Storage Management in the State of Florida? Cutting Edge Self Storage Management has an office located on the Treasure Coast of Florida in the city of Port St. Lucie, FL. Whether your facility is located in Palm Beach, Ft. Lauderdale/Miami, Naples, Ft Myers, Tampa, Orlando, Daytona, Jacksonville, Gainesville, or the Pan Handle, our self-storage management professionals can help you.
The benefits of working with a management company, in the state in which your self-storage facility is located, are numerous. Why work with someone that has to learn your Florida specific market? Cutting Edge Self Storage has extensive experience working within the State of Florida. WE WILL COME TO YOU. Contact us today for a free consultation and schedule an onsite visit with one of our self-storage management professionals.