The self-storage industry is bursting with opportunities for entrepreneurs like you to grow their empires.
In fact, over the past 40 years, it's been one of the fastest-growing industries in the U.S.[1] With an estimated 20% of Americans currently renting self-storage units, it's pretty safe to say it's an industry high in demand.[2]
But just because an industry is a great opportunity, it doesn't mean it'll be easy to get into and understand from the get-go. Then again, what exciting industry that is worth being in is simple to break into?
The good news?
You don't have to do it alone.
Sure, you can (and should) take a deep dive researching everything you can about the self-storage industry to make informed decisions that maximize growth, but you can get help to improve your knowledge, too.
After all, as they say:
"It takes a village to raise a successful self-storage business."
Ok, we might have paraphrased a little, but it's true! So let us introduce you to the people who can help you take your self-storage business to the next level: the self-storage consulting group and the self-storage property manager.
A self-storage consultant is an expert in the field who can help you analyze your business goals and give you research-backed ideas to help you keep moving your business forward. They can help you across all areas of your business or just work on a specific aspect of your self-storage business, depending on what you need.
For example, self-storage feasibility consultants are highly valuable when you're in the planning stages of your self-storage business, as they conduct market research and work out if your business will be profitable based on your location, vision, and funds. If you aim to secure a loan, these self-storage consultants can help you find the information that will give you the upper edge.
The benefit of using a self-storage consulting group is that you have a well-informed fountain of information to draw from that can help you fill in the blindspots that everyone inevitably has with their own business. I mean, we're only human, after all!
Asking for help is the sign of a true leader marching their team into success. To help you understand where to find your allies, we've created this article on self-storage consultants and 3rd party self-storage property managers.