By Marc Goodin CEO Storage Authority www.storageauthorityfranchise.com
Finding land
Hard: No way around it, it is hard to find the right property. It is just hard enough that most people will never develop self storage leaving this gold mine opportunity for the go-getters.
Easier with a Franchise. We provide the guides for the 5 best ways to find land and the dozen-plus factors that need to be considered for each parcel and help you review every parcel.
Design:
Easy: If you leave it fully in the hands of the Architect & Engineer
Hard: If you want complete plans for bidding and you want your place to be above the competition. A poor design can cost you hundreds of thousands during construction. A Franchise with construction experience provides a second pair of eyes that can make a huge difference
Construction:
Hard: A lot of money can be lost in construction. Construction contracts are often in the contractor's favor. Contractors can make substantial profits with change orders.
Easier: Having an addendum that modifies the contract to clearly include all the work and provide additional design specifications and clarity is a must.
Day to Day Operations
Easy: At least that's what most people think. And it is easy if you are happy running a real estate business with a clerk/order taker.
Hard: If you want to be the price leader and charge 30% more than your competition for super-sized profits. Storage Authority has a sales and marketing platform second to none that will help ensure you are the price leader. Who makes more profit the Ritz or Motel 6?
If you want to learn check out www.storagaeauthorityfranchise.com
If you want more reading material before we talk send me an email at marc@storageaauthority.com
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