Owning a self-storage business can be a great investment. The industry tends to be recession-proof because people often turn to self-storage during difficult times when they need to move or are in transitional periods in their lives. According to Storage Café, the top reasons people use self-storage are:
The industry doesn’t get a lot of positive press coverage. Headlines from around the U.S. cover stories about crimes happening at self-storage facilities. They warn customers to be aware of theft, vandalism, damage and other illegal activities. This makes it challenging for owners and operators who try to ensure their business remains attractive to customers.
They also have a responsibility to understand and assess potential threats to the business. Customers trust them to store and protect their personal belongings. So, what are the threats?
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Security is essential at self-storage properties and can often make or break someone's decision when selecting a facility. Every self-storage business has its own needs. The right security depends on the size, location, crime rate around the property, customer tech-savvy levels, and other factors. Despite this, there are a few components that a facility needs to maximize security and the return on investment.
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