Conducting Feasibility Studies for Self Storage: Key Insights on Supply and Demand
In his latest self storage industry video, Ewen dives into the crucial aspects of feasibility studies, focusing on supply and demand. Evaluating the competition is essential if you’ve found a promising site with the right land price and rental rates. Learn how to analyse both established and new competitors, assess their occupancy rates, and understand their use of modern marketing strategies. Discover how to gauge the demand for self storage in your area and what to consider when new developments are on the horizon. Sharp Accounting is here to help with expert advice and can connect you with professionals for a comprehensive feasibility study.
Self Storage Industry Accounting
The specialist team at Sharp Accounting has deep experience navigating and overcoming the challenges self-storage businesses face. We provide self storage accounting services to businesses Australia-wide to develop and implement financial strategies that drive profits and protect your investment. Click here to find out more.