Self-storage is an industry where businesses and individuals rent storage space, like rooms, lockers, or outdoor areas, for short-term or long-term needs, often on a month-to-month basis. 

Here's a more detailed breakdown:

  • What it is:
  • Self-storage facilities offer rented storage units, which can range from small lockers to larger rooms or even outdoor spaces. 
  • Who uses it:
  • Both businesses and individuals utilize self-storage for various purposes, including storing personal belongings, business inventory, or items that require temporary or long-term storage. 
  • How it works:
  • Tenants rent a unit, typically on a month-to-month basis, and are responsible for accessing and storing their own items within the unit. 
  • Examples of uses:
  • Personal: Storing furniture during a move, seasonal items, or items that are rarely used. 
  • Business: Storing inventory, archived documents, or equipment. 
  • Key features:
  • Security: Storage facilities often have security measures like surveillance cameras, fencing, and alarms. 
  • Flexibility: Units can be rented for short or long periods, with options for different sizes and features like climate control. 
  • Convenience: Self-storage provides a convenient and secure way to store items that may not fit in a home or office.