Business Ideas How profitable is self storage business?

Augusta

VIP Contributor
Self storage business is a rewarding business as it's has an impressive success rate as stated by some of its operators. With self storage business you would be running a low-risk and high returns business. The good thing with this business is that you can start it without having any experience.

To start with, self-storage business need low start-up cost. You can easily build a small to mid-sized facility to start renting out for storage. it's even easy to get funding for a self-storage business as it is seen to be to be a low-risk business but highly profitable.
What do you think of this Business?
 

Activator230822

Verified member
For me l do think that, the storage business is very profitable and lucrative. The most important factor to consider when starting the business is the availability of the land. So this business seems to need a very minimal capital upfront when one posseses the land.
In the operation of the business the entrepreneur must keep legal procedures and ensuring that they only receive legit and well documented goods for the purpose of facilitating the storage for the goods for sure.
 
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