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By Michael Rice
Services such as truck and trailer rentals, sales of boxes and moving supplies, and even the provision of free moving trucks with equipment for your customers can all enhance your bottom line. However, providing these services through service agreements and contracts with vendors (often called “ancillary agreements”) is not without risk. It is important that you work with your insurance agent to address these risks. |
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By Hugh Kreizenbeck and Joseph Maehler
Just as someone seeks the expertise of an orthopedic surgeon in the event of a serious knee injury in order to minimize risk of re-injury or a botched surgery, a self-storage facility owner should choose his lending source wisely in order to minimize the risk involved with financing a property. Owners face important decisions when seeking acquisition or takeout financing, and unforeseen risks can significantly increase the cost of financing. |
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By Jim Clemmensen
The United States is involved in combat operations overseas, and a significant number of American military personnel have been placed on active duty, many in harm’s way. Now, more than ever, it is critical for self-storage facility owners, operators and managers to understand the scope of the Servicemembers Civil Relief Act, or SCRA. Your business is subject to the SCRA, and failing to act accordingly could be extremely costly for your self-storage operation. |
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© 2007 MiniCo, Inc. All rights reserved. |
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MiniCo, Inc. Corporate Headquarters
2531 W. Dunlap Avenue
Phoenix, AZ 85021 |
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