There are no good decisions without good information. A well-maintained operating budget can give business owners the information they need to make smart choices, but compiling a budget sheet can be a pain. Download our Blank Operating Budget to make it easy!
Our ready-made budget automatically adds your expenditures together, contrasts them with expected income, and gives you the bottom line. This saves you time over creating your own budget or manually adding the numbers together, which hopefully improves that bottom line a little bit.
All the sheets, trackers, and checklists in this Toolkit are designed to free up the busy self storage operator to get more done. Rather than clicking away at your keyboard, fighting with spreadsheets, you can download our premade option, courtesy of the pros (and our friends) at Self Storage Science.
Our blank operating budget is field-tested and customizable, so you can have a budget that fits the specifics of your business with only a few tweaks. Or you can go wild and change every column - once you download it, you’re free to experiment! Starting with a self storage-specific budget will give you a leg up in creating a budget.
The better your records are, the better your information is, and the better you’ll be able to predict bumps in the market, weed out unnecessary expenditures, and make the most of your income.
We know your to-do list is a mile long, and our Self Storage Operator Toolkit aims to get you back to it fast. Our simple budget template includes places for all the common self storage expenditures. Everything from software services to lawn care has monthly expenditure spots that the spreadsheet will calculate together as you update your bills.
Every column and row is clearly labeled, so even the less-than-tech-savvy can get accurate outputs from the spreadsheet. With that accurate information, you can get a better view of what you’re spending on which parts of your business. These numbers can help you weigh the benefit you’re gaining from marketing, management, software, etc. against their annual costs.
There are many ways to keep track of your budget, and our self storage budget template is just one of them. If you’re already paying for bookkeeping software, this sheet may not do you any good! But, if you’re just beginning or need to refresh your budgeting process, this self storage operating budget is a good place to start.
Simple budget templates like this one are also incredibly easy for employees to learn. Simplicity, especially in bookkeeping, can increase accuracy, enabling you to make better decisions.
Check out our Gabfocus video on self storage budgeting for more on creating a sustainable budget.
The larger your business becomes, the harder it’ll be to gather accurate information. Keeping one simple spreadsheet gives you an at-a-glance confirmation that your business is on the right track. Getting started is as simple as typing in the cost of each bill as they come in.
Like all the other items in our Self Storage Operator Toolkit, the blank operating budget is designed to save self storage operators time and mental energy. Rather than spending a few hours coding a spreadsheet, you can use one that’s already set up!
For more great resources and information, check out the links below!
At StoragePug, we build self storage websites that make it easy for new customers to find you and easy for them to rent from you.
With Insights, our self storage marketing platform, operators get the data and digital tools they need to make the get out of their website and their self storage investment.
