4 Reasons to Hire a Storage Management Company
Self storage companies work with facility managers to streamline their everyday operations. These managers assist with tasks like financial management, employee training, and auditing. The Storage Mall Management Company offers third-party management services for our customers. Here are a few reasons to hire a storage management company:
1. Financial Assistance
Tracking and handling the finances of self storage companies is simplified with the help of management teams. Their services are especially beneficial for storage facilities that have a large number of customers. Management companies make sure customers pay their bills on time to avoid service disruptions and meet operational demands. Our team oversees this responsibility by handling invoices and late fees or penalties. Sending alerts for scheduled payments helps enhance transparency between the customers and the management team.
Along with handling customer payments, management teams assist with other accounting tasks, like tracking income and expenses. We will generate reports to identify areas where your facility is doing well and to learn where you can improve. If your facility is spending too much on maintenance or energy consumption, we will help you find ways to reduce your spending. The Storage Mall Management Company offers daily reconciliation services to verify the accuracy of your financial statements and catch any data entry errors.
2. Employee Training
When training and working with large teams of employees, facility owners may notice inconsistent results. Differing training methods can lead to team members leaving tasks incomplete or executing them improperly. Self storage management companies offer training solutions by creating standard operating procedures (SOPs). They verify that managers and other employees are fully trained and understand their roles. Because a management company takes over this process, facility owners can focus their efforts on other key tasks. Our third-party management team will also assist with implementing uniform standards if desired.
3. Time Savings
Storage center management teams take over daily tasks like customer onboarding and property maintenance. Management companies may assist with creating a rental contract and explaining unit rules to customers. They verify that facilities are clean and well-maintained for enhanced customer satisfaction. With our team overseeing these jobs, you and your employees save time and effort.
4. Space Optimization
Management companies assist with storage unit optimization to make sure you are using the space as efficiently as possible. They quickly fill vacancies in your facility to increase revenue and avoid losses. A management team will also provide flexible rental solutions so that your business can appeal to a broader range of renters. Our company helps facility owners determine how to use their common spaces and walkways to maximize efficiency and provide a professional-looking space. If customers fail to pay rent for a certain period or abandon their belongings, management companies will host auctions to remove the personal items. This allows owners to continue to use the space with minimal delays.
Explore Management for Self Storage Companies
The Storage Mall Management Company oversees daily operations and provides customized solutions based on your storage facility’s needs. We can assist you with attracting and retaining customers, organizing financials, and improving on-site security. Contact our team today to learn more about our management services.