Third-Party Management Services
Upon collaborating with Storage Property Group, you immediately unlock a comprehensive range of services at your disposal.
Training
Auditing
Revenue
Managenent
Accounting
& Reporting
Marketing
Daily
Operations
Training
- Storage Property Group will be responsible for hiring on-site personnel and assuming the responsibility of ensuring adherence to employment regulations.
- Devise a comprehensive staffing strategy and timetable.
- Verify employee timekeeping accuracy and manage payroll processing.
- Undertake the recruitment process for store management personnel.
- Conduct focused training sessions for store managers, placing particular emphasis on sharpening skills that result in increased rentals, higher rental prices, and elevated revenue.
- Supply written standard operating procedures and supportive job materials to enhance the learning process, optimize performance, and promote safety.
- Ensure proper uniforms for store managers and establish grooming standards to create a positive and professional impression on potential customers.
Auditing
- The executive team will conduct routine visits to the store to deliver staff training and assess the physical facility’s cleanliness and curb appeal. They will also document maintenance requirements and arrange schedules accordingly.
- Monthly audits will be carried out to review the facility’s unit inventory, petty cash, and staff adherence to best practices.
Revenue Management
- Apply revenue management pricing strategies by adjusting asking rates in response to projected vacancy and demand.
- Oversee existing rates and handle rent adjustments.
- Identify supplementary avenues for revenue growth.
Accounting & Reporting
- Maintain precise financial records documenting all sources of income and expenses.
- Oversee accounts payable tasks.
- Perform daily reconciliations of management reports.
- Create and circulate monthly and yearly financial statements, comparing actual results to budgeted figures.
- Compile and distribute a monthly narrative update detailing the advancement of revenue growth strategies, cost-saving initiatives, and other projects that impact the property’s financial status and physical state.
- Monitor and report on essential leading and lagging performance indicators to ensure the well-being of the investment property.
Marketing
SPG places a high priority on effective marketing through local and online media to make it convenient to price, reserve, and rent storage units .
Daily Operations
SPG promises to each and every client to operate in a manner consistent with the company’s values:
- Leadership
- Integrity
- Communication
- Teamwork
- Excellence
- Dedication