Insurance ... A Self Storage Win Win πŸ’°

PLUS: 21 Quotes ... 1 Reservation 😬

GM Store Nation,

21 quotes on Monday …. Guess how many Reservations ???

1 …. Yes you read correct 😬

But im actually bullish about the rest of the week … I know the conversion rates my team normally hit … So the fact we hit 21 quotes on a Monday will only mean A LOT of reservations in the future! 🀞

Right lets dive in

Letss do Thiisss ...

Here's what coming your way today :- 😱 πŸ˜Ž πŸŽ―

🀐 A Self Storage Tip - Insurance … A Self Storage Win Win

🀝 3 Self Storage News Stories

🧐 Yesterdays figures for each facility

πŸ₯Έ 1 Meme of the day

Self Storage Tip - πŸ’‘ πŸ’° πŸ€‘

Insurance … A Self Storage Win Win

I want to talk to you about insurance today and how much difference it can make to your self storage facility

We bought a self storage facility in Wrexham … Not a massive self storage facility but it was netting around Β£31k a year

…. However, they wasnt charging insurance 🀯 I honestly dont understand facilities that dont charge insurance.

If you want the best for your customers then insurance is a must!!

Unfortunately accidents happen and when they do if your customers goods arent insured I can promise you you will be the bad guy!

Insurance is a win -

  • For the customer because they have the piece of mind knowing that if anything happens to their goods they know they are insured

  • For us … Because we are collecting the revenue from the insurance premiums

Anyway back to Wrexham … As you know before we bought the self storage facility they werent charging insurance …. But what you dont know is the impact introducing insurance to every customer has made

Below you will see as of the 10th July we are taking Β£920 per month insurance … That figure will rise to about Β£1,400 a month

Thats around Β£17,000 a year that goes straight to the bottom line (We have a group insurance policy)

Β£17k a year!!!! Just for charging insurance!

  • If you arent charging insurance you MUST start!!

  • If you dont have minimum insurance levels for different room sizes you MUST start!

Maximise your revenue …. Charge insurance!

Industry News -  πŸ§

  • 1 - Why It Pays (and Saves) to Follow the Path Toward More Self-Storage Technology

  • 2 - A Critical Partnership: Why Your Self-Storage Business May Need Third-Party Management and How to Choose a Provider

  • 3 - Noah's Ark Storage Opens New Location in Bronston, Kentucky

The fun bit - My business .... Bare Butt Naked! πŸ˜² πŸ€« πŸ€­

Willerby (Hull) My big site -
  • 0 Reservations

  • 1 Move In's

  • 0 Move outs

Month to Date -

  • Down 195 Sq Ft for the month

Reservations so far this week = 0

Move ins so far this week = 1

Clough Rd Figures .... The Automated Site
  • 0 Reservations

  • 0 Move ins

  • 1 Move out

Month to Date -

  • 250 SQ FT Up for the month so far.

Reservations so far this week = 0

Move ins so far this week = 0

Beverley ... My baby ... My first site! -
  • 1 Reservation

  • 2 Move in

  • 0 Move Out

Month to Date -

  • UP 125 Sq Ft down for the month

Reservations so far this week = 1

Move ins so far this week = 2

Wrexham's Figures (Indoor) ... My First acquisition

Reservations so far this week = 0

Move ins so far this week = 0

TOTALS -

Reservations so far this week = 1

Move ins so far this week = 3

Meme of the day - πŸ‘€ πŸ˜‚

Health and Fitness ... Move More = Live Longer - πŸ‹οΈβ€β™€οΈ πŸƒ

Weekly goals -

  • Gym - 4 times

  • Run - 50 K

  • Boxing - 2

Results so far -

  • Gym - 0

  • Run - 0k

  • Boxing - 0

Yesterdays Steps - 17,351

Loads of self storage love,

Dean ❀️ πŸ™ƒ 

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