Business Tips Philippines: Business Owners and Entrepreneurs’ Guide

Business Tips Philippines, an online entrepreneurship, management & marketing guide for Filipinos, business owners, leaders & entrepreneurs around the world.

Add Business

Login

  • Home
  • Business
  • Management
  • Marketing
  • Business Category
  • About

How Humdrum Self-Storage Became Big Business (Infographic)

November 30, 2017 Businesstips Leave a Comment

The self-storage industry has been a massive industry in the United States for a long time and it still makes up 90% of the global market. This infographic from 2Flow takes you through how the market is beginning to grow in Europe. However, the market is still in its infancy there with the UK being home to 47% of self-storage units in Europe.

From an investment point of view, it has incredible potential. One study showed that a self-storage facility only requires a 45% occupancy rate to break even. Moreover, not a large amount of staff is required to secure the facility.

Markets in Europe are still raw with only 10% of people in Poland knowing what self-storage even is. It is estimated that 16 million people will move to cities in the next 10 years and this will increase demand for residential and commercial buildings. This increase in urbanisation will mean less living space and an increased demand for self-storage space. People in years gone by could store everything in an attic or garage but this isn’t possible for the majority anymore. Find out more in the infographic.

 

Businesstips
Businesstips

BusinessTips.ph is an online Business Ezine that provides free and useful articles, guide, news, tips, stories and inspirations on business, finance, entrepreneurship, management and leadership, online and offline marketing, law and taxation, and personal and professional development to Filipinos and all the business owners, entrepreneurs, managers, marketers, leaders, teachers and business students around the world.

Business Tips, Infographics business ideas, business ideas Philippines, investing tips, self-storage business

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Like Us on Facebook

BusinessTips.ph

Get Our Latest Business Tips

Latest articles

Top 8 Reasons to Buy Gold in 2025

Home Dream

5 Ways You Can Actively Save Up for Your Dream Home

How to Find a Reliable Online Loan Provider in the Philippines: A Practical Guide

Is a Call Center Career a Viable One in 2025? 6 Insights

Bookkeeping

Bookkeeping 101: 7 Fundamentals Every Startup Owner Should Know

Top Business Articles

How to Register Business Name with DTI Philippines

How to Register Your Business with the BIR Philippines

How to Close a Business in the Philippines

How to Register Your Home-based Business in the Philippines

Legal Requirements for Starting a Business in the Philippines

Top Marketing Articles

The Most Powerful SEO Technique in the Universe

36 Ways to Rock Your Small Business Online

What‘s the Best SEO Technique for Websites and Blogs?

Integrating Search Marketing and My Experience at MORCon 2013

What is the Essence of SEO?

© Copyright 2017 BusinessTips.ph · All Rights Reserved · Archives · Advertise · Terms, Disclaimer & Privacy Policy