Management

Whether opening up a brand new store or assuming management for an existing property, our company makes a significant initial investment of time and expertise to ensure your success. We offer all the necessary components to secure a good beginning for a self-storage start up. Our plans cover the initial hiring and training of managers and include critical Policies and Procedures for operations. We help with initial decisions such as the purchase of forms and necessary office equipment. We provide data setup and initial training on software programs.

Serving as dealers for a variety of self-storage management software programs, side/vertical lift gates and video security products, we can provide preferred pricing on products to clients. We also offer yellow page / internet ad consulting and “grand opening” marketing plans.

*(Multi-site simultaneous start-ups & existing property assumptions may be less)

Personnel

  • Locating Quality Employees
  • Hiring Employees
  • Employment Agreements
  • Initial Training
  • Ongoing Employee Education
  • Review
  • Performance Management
  • Payroll
  • Tax Reporting
  • Separation Management

Review & Reward Performance Program

Each facility is managed with a site-specific Review & Reward Performance Program designed to motivate management teams to achieve excellence and reach financial goals.

Marketing

  • Develop and implement ongoing marketing programs
  • Enhance curb appeal, property appearance, and telephone sales techniques
  • Assess and create yellow page, internet and other advertising programs
  • Improve product sales and create additional profit centers

Management/Consultation

  • Implement and ensure critical adherence to site specific store policies and procedures
  • Create and monitor efficient store reporting
  • Improve and ensure maintenance of overall property condition
  • Address and improve store functionality and organization
  • Audit files and reconcile with property reports
  • Emergency plan review and implementation
  • Collections
  • Auction and lien process management
  • Facility layout and design

Administration

  • Bookkeeping
  • Credit Card Processing & Banking
  • Accounts Payable
  • Inventory Control
  • Tax Reporting
  • Daily, Monthly, Quarterly, Annual Reporting
  • Distributions to Investors

Management/Consultation

We offer expertise on a wide variety of self storage issues to qualified clients. Services include employee training, software consulting, auditing, management, marketing, and store operation review. Consulting rates apply for telephone consultations as well as office visits.

  • Implement and ensure critical adherence to site specific store policies and procedures
  • Create and monitor efficient store reporting
  • Improve and ensure maintenance of overall property condition
  • Address and improve store functionality and organization
  • Audit files and reconcile with property reports
  • Emergency plan review and implementation
  • Collections
  • Auction and lien process management
  • Facility layout and design

Complete Asset Management

Includes the full scope of services outlined in the management contract including complete direction of personnel, marketing, management, and administration.

  • Base Management Fee: 6% of Gross Monthly Revenues (subject to a monthly minimum), plus expenses
  • Site visits @ $150.00 per day plus expenses

Management of Start-Up Costs

Whether opening up a brand new store or assuming management for an existing property, our company makes a significant initial investment of time and expertise to ensure your success. We offer all the necessary components to secure a good beginning for a self storage start up. Our plans cover the initial hiring and training of managers and include critical Policies and Procedures for operations. We help with initial decisions such as the purchase of forms and necessary office equipment. We provide data setup and initial training on software programs. Serving as dealers for a variety of self storage management software programs, side/vertical lift gates and video security products, we can provide preferred pricing on products to clients. We also offer yellow page / internet ad consulting and “grand opening” marketing plans.

Self Storage Consulting

We offer expertise on a wide variety of self storage issues to qualified clients. Services include employee training, software consulting, auditing, management, marketing, and store operation review. Consulting rates apply for telephone consultations as well as office visits.

Additional Services Offered

Other services not generally included in the management agreement may be contracted per hour or by separate agreement, such as:

  • Preparation of quarterly tax reports such as Forms 941 and 940, W-2’s and other payroll related reporting.
  • Interaction with property tax authorities and/or assessment service providers.
  • Initial set up and administration of any employee retirement programs.
  • Consultation with CPA’s for the preparation of Franchise Tax Returns and Partnership (or ownership entity) Tax Returns
  • Consultation with legal counsel
  • Cost Segregation Studies