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Kuboid?

Kuboid is a forward-thinking, experienced team of experts with a reputation for delivering the highest quality across all areas of our comprehensive self storage products and services

How to start a self storage business: Your personal guide

1. Decide on your investment amount

Determining how much money to invest in self storage depends on several factors, including your budget, customer type and long-term goals.

2. Find a self storage partner

Before you can decide if a self storage business is right for you there are several questions that you will want answers to. Speaking to industry experts in self storage will provide you with valuable insights and expertise that can help you make informed decisions, manage risk, and maximise the profitability of your investment.

3. Find your premises

When looking to buy or rent a building for your facility you’ll need to consider various factors such as; the building size and layout, the condition of the building, building visibility and accessibility and market analysis. Also, don’t forget to check out the local competition in the area.

4. Select an operational model

Will your business be staffed, semi-manned or unmanned? If you want to manage your business remotely, what do you need to achieve this? When selecting an operational model, it’s important to consider your expertise and available resources, as well as your long-term goals for the facility.

5. Site survey

Once you’ve purchased your ideal building, your self storage partner will conduct a site survey to evaluate the suitability of the site and the intended use. They will identify any potential issues that may impact the feasibility or profitability of your investment.

6. Project design

Following your site survey, the design team will produce a drawing of the proposed self storage layout, considering key elements such as stair/access positions, lift locations, and fire escape points. They’ll also look at the best solutions to help maximise your return on investment, as well as ensure all available space is utilised to achieve the highest Net Lettable Area.

7. Ensure your building is ready

Preparing your building site is a critical step in ensuring a smooth and successful construction process for your self storage facility. Some key steps to consider include; clearing the site, installing utilities such as electricity, installing security measures and preparing the foundation for the self storage building.

8. Manufacture and build

Once your building is ready, the manufacture of the materials will start and an installation team will be organised. You’ll be assigned a dedicated Project Manager who will conduct regular inspections and quality control checks which will ensure that the finished facility meets your expectations and is ready to start serving customers.

9. Marketing

Now is the time to leverage all your marketing channels and establish a bullet proof plan so you can build brand awareness and attract new customers.

10. Grand Opening

Congratulations on opening your self storage facility! Remember that your grand opening day is just the beginning. Continue to market your facility and provide excellent customer service to attract and retain customers and build a loyal recurring base.

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    9. Marketing

    Now is the time to leverage all your marketing channels and establish a bullet proof plan so you can build brand awareness and attract new customers.

    10. Grand Opening

    Congratulations on opening your self storage facility! Remember that your grand opening day is just the beginning. Continue to market your facility and provide excellent customer service to attract and retain customers and build a loyal recurring base.

    Stay up to date

    Get the most important industry developments, trends, and news, straight to your inbox

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