Speaker: Mel Holsinger, President, Professional Self Storage Management LLC
Format: DVD (USPS Shipping Required)
Duration: 48 minutes
NOTE: Please allow up to three business days for the processing of your order.
Understanding the Money: Facility Finances for Self-Storage Managers
Self-storage managers can positively impact the bottom line by understanding key aspects to expense and revenue management as well as knowing the significance of property value. Small savings can lead to big financial gains. Our speaker will discuss several ways managers contribute to the financial health of a property, including accurate record-keeping, handling receivables, cost-cutting and more. You’ll learn:
- Why the accurate recording of income categories is critical
- How cash, checks, credit cards, direct deposits, etc., affect the income stream
- Which expenses are the largest and the need for accurate record-keeping
- How you can cut expenses without compromising store efficiency
- The significance of capitalization rates and property value
This product is also available as on-demand video, or as part of one of the following discount DVD packages: