Category: Self storage
- Conducting Feasibility Studies for Self-Storage: Key Insights on Supply and DemandIn 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…
- Navigating the Self-Storage Industry: Current Trends, Opportunities, and Evolving DemandEwen highlights current trends and opportunities in this latest self-storage industry update. While demand for new developments has slowed and existing storage needs have decreased, several factors drive ongoing demand. These include the increased need for storage due to moves or downsizing, the rise of remote work leading to home office renovations, ongoing home renovations,…
- Maximise Tax Savings: Seven Essential Strategies for Self Storage Businesses Before 30 JuneWith the end of the financial year upon us, it is imperative to take action to maximise tax savings for your self storage business. To help keep more money in your pocket, here are seven essential strategies to consider: 1: Bad Debts Consider writing off outstanding customer accounts that are unlikely to be collected, such…
- Accounting & Advisory for Self-Storage Owners – New Development Case StudyIn 2019, the soon-to-be owners of a substantial five-acre property in regional Victoria sought the expertise of Ewen Fletcher at Sharp Accounting to navigate the complexities of a greenfield self-storage development. Although adept in business operations, the clients were newcomers to the self-storage industry and relied on Sharp Accounting to play a pivotal role in…
- Self Storage Industry Update – 2024Ewen shares an update on the self-storage industry’s trends over the past 12 months, including lower occupancy rates and increased revenue, as well as his predictions for the next year in this brief video. If you’re looking to prepare your self-storage business for the upcoming year, don’t hesitate to reach out – Ewen has extensive…
- Self Storage: Maximising ValueDo you want to increase the value of your self storage site? Ewen takes you through some practical strategies to help you put a plan into place to maximise your business value, in this two minute video. You can find out more about Sharp Accounting’s Self Storage Accounting Services here.
- Self Storage Industry: Financing New SiteIf you’re considering a new self storage site or adding to an existing site, find out what Ewen suggests to get the financing right from the start.
- Self Storage: Revenue ManagementAre you active with your revenue management? Ewen explains the three aspects to revenue management and why this is so important in your self storage business.
- Self Storage: Reviewing your finance facilitiesWhen did you last review your financial position? Ewen explains the benefits of doing this for your self storage business in this short video.
- Self Storage: Structuring Your InvestmentAre you ready to expand your existing self storage business? Ewen explains the importance of getting your structure right in regard to tax, legal requirements etc in this short video.
- Self Storage MarketingHow are you bringing in leads for your self storage facility? Ewen talks about the importance of not relying on just one stream.