Self Storage Millionaire

With rising fuel costs, an growing concern about the health of the environment, and tighter family budgets, more people are eliminating a car, and turning to a car share service instead.

More and more companies, such as ZipCar are popping up to fill a need in this growing trend.  When you start a self storage business, it is tempting, of course, to look for additional sources of revenue.  Why not look for a Car Share Program?

• You have space
• Uh…. You would need the staff.  More on that here.

Why not?

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When you own a self storage business, there are opportunities for additional sources of revenue. Here are a few ideas to get you going:

• Retail Sales: You can sell locks, boxes, other packing supplies.
• Billboards: If you have highway frontage, you can always add a billboard or two.
• Moving Trucks: If you will have a regular employee on site, you can also choose to set up shop with u-haul or budget truck rentals. You get paid a commission for every truck you rent, plus they offer products for retail sales.
• Records Storage: Again, if you have a full time employee, you may want to get into records storage. Many professionals have a legal requirement to keep archived records, but they don’t have the space and don’t want to pay for an additional staff member to deal with archives. You have the space, and you have the staff!
• Offer outdoor rentals. If you have more land for development in the future, you can offer outdoor storage in the mean time.

Technorati Tags: self storage revenue