|
(Includes Hard Copy, CD-ROM and Immediate Download)
Based
upon the purchase of an already operating a 465 unit
Self Storage facility on 5 acres with 136
climate controlled and 329 standard units next to a major metropolitan University. Easily edit any and all of these assumptions into a
building of any size or even the creation of a multi
building complex includes Employee, Property
Operations Manual, Property Risk Management Manual
and self storage operations auto-forms to start
professionally operating your facility right away.
The Industry
The Moving and Storage Industry
supports the growth of small and family-owned
Businesses in Every State in America with 8,100
companies doing $16.5 billion in business annually
at 17,000 locations, according to the American
Moving and Storage Association, (AMSA). While 96% of
business establishments in the industry are small
local businesses that earn less than $10 million
annually and account for 72% of all industry jobs,
84% of all industry business establishments are
micro-businesses that earn less than $1 million
annually and account for 31% of all industry jobs.
The moving and storage industry provides 122,600
jobs and spends $7 billion on equipment, materials,
parts and supplies and services needed to conduct
business annually. Direct and Indirect Economic
impact is estimated to contribute to $8.9 billion in
household earnings, 353,000 jobs, and $1.2 billion
in business and personal income tax revenue. The
number of industry jobs is 1.6 times greater than
the number of jobs in the auto manufacturing
industry and 5.6 times greater than the industry of
scheduled air freight transportation.
For
self-storage owners, developers, builders and
investors, there’s no doubt that 2008 was a bumpy
year. For many, it was a year of losses and
slowdown; others fared better. “The self-storage
industry is enduring arguably one of the toughest
economic environments it has ever experienced,” says
Minh Tran, managing director, Holliday Fenoglio
Fowler LP in Houston. “Consumer confidence is at an
all-time low; unemployment rates are continually on
the rise; and many have lost a considerable amount
of money in the stock market.”
The Industry is tied directly to the health of the U.S. Economy and
consumer disposable income. The CBO
anticipates that the current recession, which started in December
2007, ended in the second quarter of 2009, making it the longest
recession since World War II. . U.S. economic growth during 2010 came in
at a 2.9% rate after inflation, the strongest performance of the
past five years. Such growth compares to a 2.6% real rate of
decline during 2009, the depths of the recession. The swing in
performance from 2009 to 2010 was the widest since 1983, a period of
27 years. The increase in real GDP in 2010 primarily
reflected positive contributions from private inventory investment,
exports, personal consumption expenditures (PCE), nonresidential
fixed investment, and federal government spending.
Severe economic downturns often sow the seeds of robust recoveries.
During a slump in economic activity, consumers defer purchases,
especially for housing and durable goods, and businesses postpone
capital spending and try to cut inventories. Once demand in the
economy picks up, the disparity between the desired and actual
stocks of capital assets and consumer durable goods widens quickly,
and spending by consumers and businesses can accelerate rapidly.
Although the CBO expects that the current recovery will be spurred
by that dynamic, in all likelihood, the recovery will also be
dampened by a number of factors. Those factors include slow wage and
employment growth, high unemployment as well as a continued sluggish
housing market.Current
expectations by the CBO are for GDP growth of 3.1% in 2011 falling
off to
2.8 percent in 2012. This current forecast reflects the CBO’s
expectation of continued strong growth in business investment,
improvements in residential investment, net exports, and modest
increases in consumer spending
Source: Congressional Budget Office Economic Projections and
revisions.
Source: Congressional Budget Office Economic Projections and
revisions.
The continued rebound in GDP will also affect real disposable income
growth. Real DPI increased 1.4 percent in 2010, compared with an
increase of 0.6 percent in 2009. Even though economic activity began
to increase again during the second half of 2009, the unemployment
rate continued to rise, finishing the year at 10.0 percent. Hiring
usually lags behind output during the initial stages of a recovery
because firms tend to increase output first by boosting productivity
and by raising the number of hours that existing employees work;
adding employees tends to occur later. As the recovery continues,
the economy will add roughly 2.5 million jobs per year over the
2011–2016 period, CBO estimates. However, even with significant
increases in the number of jobs, a substantial reduction in the
unemployment rate will take some time. CBO projects that the
unemployment rate will gradually fall in the near term, to 9.2
percent in the fourth quarter of 2011, 8.2 percent in the fourth
quarter of 2012, and 7.4 percent at the end of 2013. Only by 2016,
in CBO’s forecast, does it reach 5.3 percent, close to the agency’s
estimate of the natural rate of unemployment. Current inflation
expectations barring any major Geo Political factors are for
inflation to remain low throughout 2011.
One primary measure of inflation, and a favorite of the Federal
Reserve, is the personal consumption expenditures (PCE) index. This
measure of consumer inflation rose at a 1.8% annual rate during the
fourth quarter of 2010, reflecting the recent rise in food and
gasoline prices. The core PCE, which excludes food and energy
costs, rose at only a 0.4% annual rate, the smallest rise on
record. Such a modest increase gives the Federal Reserve more
“cover” to maintain its key interest rate at essentially zero for
most, if not all, of 2011. With less uncertainty by businesses and
investors as to tax policy this year and next and with rising
expectations that split government in Washington will slow the
explosion in government spending the economy looks poised for
sustained growth as businesses and investors get back to the
business of growing and expanding the bottom line.
For operators just getting started
this may be the best time within the business cycle to plan and open
your new facility understanding that with interest rates still at
all time low levels and marginal operators going out of business you
will have accounted for the marginal efficiencies necessary to not
only survive against the competition but to thrive as we cycle once
again into economic expansion.
Whether you are building a new Self Storage building are looking
to raise additional capital to expand your currently
profitable self storage facility, or looking to
evaluate and value your facility to sell,
current statistics prove that you will do much
better with a business plan than without. According
to Dunn and Bradstreet the primary reasons for
failure vary, but all of the reasons come under the
category of poor planning.
The most important benefit of a business plan is
that it sets the stage for the future of your
business as you want it to be positioned in the
marketplace. A business plan will make it easy for
your banker to take action as he/she gains insight
into the details of your Inn and the goals that you
have outlined. Potential investors can review your
plan and decide whether or not to make an investment
based upon the risk. You will benefit most as you
study and gain detailed insight into your own
operations. Updating and constantly reviewing your
plan will give you more insight as both a manager
and decision maker.
TIME IS MONEY...We have estimated that it
takes an average of 100 hours to research, and write
a comprehensive business plan within any Industry.
Creating and compiling the five year financial plan
and forecasts including 5 years of budgets, income
statements, balance sheets, cash flow analysis, and
key financial ratio analysis can take more than 20
hours of work by you or your accountant. Now
consider sitting down in front of your computer to
edit and fill in the details of an already written
and organized complete Self Storage Facility business plan.
Whether you are building a 300 room multi building
Self Storage Facility complex or
purchasing an existing 1000 unit Self Storage
Facility Complex or you are looking for
expansion capital to build your next location you
will be able to edit this plan into your own.
ALREADY RESEARCHED...ALREADY
WRITTEN
The Current Self Storage Facility Industry Analysis included and
trends forecast, was written based upon current
Industry sources. Now use
your computer's word processor to turn this sample
plan into your own. Enter your revenue assumptions,
your operating expense assumptions, and your cash
flow assumptions into the QuickPlan®
Self Storage Ten year forecasting template using your computer's
spreadsheet program, (Excel required). You will immediately have
Ten
years of projected month to month operating budgets,
income statements, balance sheets, cash flow
analysis and key financial ratios. Once you have
finished editing, print your plan and simply insert
it into the three ring binder included, indexing it
according to the pre-labeled inserts.
QuickPlan® Self Storage includes hard copy and software
for you to edit into your own. Then simply insert
your copy into the three ring binder and organize it
with the pre-labeled index included.
The Complete plan consists of hard copy 245 pages and software
files of the following :
QuickPlan®SelfStorage2012
Business Plan software. The Complete plan consists of a hard copy and
software files of the following ;
|
Before You Begin Checklist |
2 pages |
(Text file) |
|
Confidentiality
Agreement |
1 page |
(Text file) |
|
Table of
Contents |
6 pages |
(Text file) |
|
Executive
Summary |
6
pages |
(Text file) |
|
Business
Description |
5 pages |
(Text file) |
|
Current 2012 Self
Storage Industry Overview
including Supply and Demand Outlook 2013.
Growth rates for Regional and State growth.
Updated in January of 2012. |
21 pages |
(Text file) |
|
Marketing
Strategy |
5 pages |
(Text file) |
|
Location/Operations |
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(Text file) |
|
Management |
2 pages |
(Text file) |
|
Financial Plan |
5 pages |
(Text file) |
|
Employee Manual
|
27 pages |
(Text file) |
|
Property
Operations Manual |
23 pages |
(Text file) |
|
Property Risk
Management Manual |
11 pages |
(Text file) |
|
Property
Management Word Doc Auto-Forms; |
|
|
|
Accident
Report Form |
1 page
|
(Text file) |
|
Application
for Occupancy |
2 page
|
(Text file) |
|
Clean and
Repair Inspection Form |
2 page
|
(Text file) |
|
Competitive
Market Survey |
1 page
|
(Text file) |
|
Forfeiture of
Security Deposit Agreement |
1 page
|
(Text file) |
|
Insurance
Incident Form |
1 page
|
(Text file) |
|
Rental Agreement |
2 page
|
(Text file) |
|
Monthly
Property Review |
1 page
|
(Text file) |
|
Notice of
Intention to Impose Claim on Security
Deposit |
1 page
|
(Text file) |
|
Notice to
Vacate Unit |
1 page
|
(Text file) |
|
Product
Knowledge Handbook |
15 pages
|
(Text file) |
|
Property
Inspection Checklist |
4 pages
|
(Text file) |
|
Property
Traffic Report |
1 page
|
(Text file) |
|
Rent Quote
Sheet |
1 page
|
(Text file) |
|
Renewal Letter |
2 pages
|
(Text file) |
|
Ten year
Forecasting Matrix with project costs. |
80 pages |
(Excel File) |
Five Year Forecast
Matrix (Spreadsheet File); type in your assumptions
and all of the following statements are immediately
calculated....80 pages;
Years
1-10 Operating Budgets and
Years
1-10 Income Statements
Years
1-10 Balance Sheets
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1-10 Cash Flow Analysis
Years
1-10 Financial Ratio Analysis
Years
1-10 Summary Statements
Years
1-10 by month Break-Even Analysis
Auto generated Use
of Proceeds Statement
Review
Financials
Demo
The assumption section asks for over
615 lines of assumptions, (easy to use, assumptions
that don't apply to your operation just plug in a
0), including operating expense line items, balance
sheet, working capital, and financing assumptions,
the matrix even includes two financial calculators
built in to give you copies of the amortization
schedules for your financing assumptions:
Starting with the, "before you sit
down checklist , you will gather your information
together to edit on your word processor, ( Windows,
DOS, etc...) that information which does or does not
apply to your organization....from your standard,
double, and suite room offerings, to inventory and
insurance , taxes, and payroll . Fill in the details
to make this your own comprehensive business plan.
Pull up the Five Year Financial " Big Picture
Self Storage Matrix" and
insert your Rooms Revenues and anticipated vacancy
loss, expense and payroll assumptions, now
study your first year cash flow analysis to answer the question of how much
money you are going to need, how your property will
perform and the fastest way to profitability. All
Ten years of financial statements are calculated
and ready for printing and insertion into your plan.
Once finished , print up your plan and simply place
it into the three ring binder indexing it according
to the pre-labeled index, included.the ethical issues and question are involved in the madoff case a game that involves pronouns nouns abstract nouns and concrete nouns recent legal cases that involve poor business ethics thesis on social involvement trakker mens nordic puffa jacket review court cases involve recruitment example of costs that are involved in laying concrete walls ibat ibang halimbawa ng makabuluhang tula principals questionnaire on parent involvement is drnorman shepherd involved with the sesign of the kat dental implant 1985 kawasaki klr 600 decalcomanie jobs involved with families crimes that involve branding iron parental involvementin india when installing a oil injection pump on a 7 3 ford diesel engine is there any timing involved pentagrams involved in animes biochemical or physiological factors involved in quitting smoking government involvement in education for vietnam disadvantages of employee involvement teams parent child involvement quotes cervical disc involved with pink and ring finger nerves 1950 to 1970 movies that involve the electric chair energy transformation are involved in making a tattoo gun
System Requirements
MicroSoft™ Word™
and Excel™ or MicroSoft™ Office™ are required. The
cost of this QuickPlan® Package, hard copy , cd-rom
and immediate email download is 195.00
USD plus shipping and
handling. Not available in any store, to order call
1-800-417-7017.
Order Package
Online
Write
My Self Storage Business
Plan
Order Now Call 1-800-417-7017
-
Title Page.
-
Confidentiality Agreement
-
Table of Contents.
-
Executive Summary
covering Statement of Purpose,
Business Description, Industry Analysis,
Marketing Strategy, Management, and Financial
Plan including Use of Proceeds,
Exit/Collateral/Payback Strategy, and
Conclusion.
-
Business Description
including History,
Legal Form of the Business, Current Situation
and Future goals.
-
Industry Analysis
Current 2012
Self Storage Facility Industry Overview/Outlook 2013
including Supply and Demand Outlook.. Current
growth rates for Regional and State growth.
Targeted Customer Profile, Local
Competition, and Business Risks.
-
Marketing Strategy
including building and
signage, sales strategy, customer service,
advertising and promotion, Internet Promotion,
Media Plan, Promotional Campaign, Editorial
Visitation, Publicity Strategy, and Community
Relations.
-
Location and Operations
covering Property and
Facility, Licenses and Government Regulations,
Utilities Requirements, Build-Out Estimates,
Permits, Equipment, Furniture,
Personnel/service, and Procedures and Controls.
-
Management
covering key
principals, resident manager and
responsibilities.
-
Financial Plan
summary of provided ten year pro forma
statements and assumptions, capital
requirements, Use of Proceeds, Exit/Payback
Strategy, and conclusion.
- Projected
ten year month-to-month financial
statements matrix to generate the following:
-
Review Financials
Demo
-
Worst Case Scenario projected
Ten year month-to-month financial statements:
Operating Budgets
Income Statements
Balance Sheets
Cash Flow Analysis
&
Financial Ratio Analysis
Break
Even Analysis
Operating Budgets
Income Statements
Balance Sheets
Cash Flow Analysis
-
Realistic Case Scenario projected
five year month-to-month financial statements:
Operating Budgets
Income Statements
Balance Sheets
Cash Flow Analysis
&
Financial Ratio Analysis
Break
Even Analysis
Operating Budgets
Income Statements
Balance Sheets
Cash Flow Analysis
-
Best Case Scenario projected five
year month-to-month financial statements:
Operating Budgets
Income Statements
Balance Sheets
Cash Flow Analysis
&
Financial Ratio Analysis
Break
Even Analysis
Operating Budgets
Income Statements
Balance Sheets
Cash Flow Analysis
-
Small Business Administrations'
31 most asked questions and SBA/How to raise
money.
-
Auto forms including
Loan Applications and personal financial
statement.
-
ADA Guide for Small Business
Hard copy with professionally printed
indexes covering supporting documents for your plan:
Advertising Samples
Articles of Incorporation
Awards
Bar
Build-out Estimates
Collateral Statement
Competition
Company Financials
Demographics
Employee Manuals
Equipment Estimates
Floor Plan
Health Department
Industry Analysis
Insurance
Internet
Inventory
Licenses and Permits
Lease Agreement
Loan Application
Menu
Management Resumes
Operations Manual
Real-Estate
Recipes
Staff Schedule
Trade References
Vendors
Personal Information
Make your first impression count and
concentrate on purchasing your Self Storage FacilityBuilding.
MicroSoft™ Word™
and Excel™ or MicroSoft™ Office™ are required. The
cost of this QuickPlan® Package, hard copy , cd-rom
and immediate email download is 195.00
USD plus shipping and
handling. Not available in any store, to order call
1-800-417-7017.
Order Now Call 1-800-417-7017
Order Package
Online
Write
My Self Storage Business
Plan
|
With
Millions raised since 1997, we would like to thank the
Spabusinessplan.com
Drycleanbusinessplan.com
