Checklist For Starting A Self Storage Business

1. Determine Your Target Market – Identify the types of customers you want to attract and the services they need. Think about location, demographics, competition, and pricing.

2. Develop a Business Plan – Outline your startup costs, marketing strategies, operations plan, and financial projections.

3. Find a Suitable Location – Consider the amount of space you need, access to major roads and highways, and surrounding competition.

4. Financing Options- Explore commercial lenders or private investors who can provide you with the necessary capital to get started.

5. Obtain Necessary Licenses and Permits – Research local, state, and federal requirements to ensure that your business is compliant.

6. Choose Your Suppliers – Select reliable vendors who can provide you with quality products at a reasonable price.

7. Develop an Online Presence – Create a website, build social media accounts, and engage in SEO tactics to drive traffic and reach a wider audience.

8. Create an Employee Handbook – Write up policies, procedures, and job descriptions that will provide your team with necessary guidance and expectations.

9. Promote Your Business – Leverage marketing tactics such as direct mail campaigns, newspaper ads, radio spots, etc. to get the word out.

10. Plan for Expansion – Think about how you can grow your business down the line and identify potential areas of opportunity.