Understanding the Money: Facility Finances for Self-Storage Managers
In this seminar, you’ll learn ways self-storage facility managers can contribute to the financial health of their property, including accurate record-keeping, handling receivables, cost-cutting and more.
Speaker: Mel Holsinger, President, Professional Self Storage Management LLC
Format: Streaming Video
Duration: 48 minutes
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 in DVD format, both as a single and as part of the following discount packages:
Format: VID
