Self Storage
Capital-heavy, fast-moving, and often family-run. Self storage is a business that rewards smart financial thinking.
We help storage owners plan growth, lift revenue, and protect intergenerational wealth with advice grounded in real industry experience.
Self-storage isn’t just a business
It’s a balancing act of occupancy, pricing, and long-term planning. At Progress Accounting, we work with operators managing 150+ unit sites or multiple locations, helping them navigate expansion, rising costs, and succession with clarity.
Common Challenges We See
- Capital demands: Expansion requires significant investment, and owners often struggle to decide when and how they can afford to grow.
- Succession planning: For family operations, the longer-term challenge is how to transition ownership and control to the next generation in a way that is fair, sustainable, and tax-effective.
- Cost pressures: With rising operating costs, many owners face the pain of flat revenues. The real issue is not knowing how to lift occupancy and maximise pricing to grow revenue sustainably.
Where We Help You Get To
- Building intergenerational wealth through structured ownership and tax-effective planning.
- Developing management systems so the business becomes more passive, freeing up the owner’s time.
- Gaining clarity on key performance areas — revenue, occupancy, cash flow, budgets, and expansion options.
- Structuring and supporting succession planning to ensure smooth transitions and protection of family wealth.
- Maximising site performance through tailored pricing strategies and forward-looking financial planning.
As both an accountant and a self storage facility owner, Ewen Fletcher brings a unique, insider perspective. He knows the industry’s challenges first-hand and delivers advice that’s practical, grounded and designed to secure long-term success.
Running a business is demanding
Our job is to make sure your effort translates into real results and lasting success.
Client Case Studies
A Self Storage Business in South Eastern Victoria – Guiding Growth Across Generations
Family businesses often carry unique opportunities and challenges, especially when ownership passes from one generation to the next. This second-generation self storage business in South Eastern Victoria is a prime example — a thriving enterprise with multiple storage...
Self Storage Development – Regional Victoria
In 2019, the future owners of a substantial five-acre property in regional Victoria engaged Progress Accounting to help bring a greenfield self storage development to life. While they were experienced in running businesses, the self storage industry was new to them —...
Why Choose Progress Accounting?
Industry insight that matters
We specialise in Trades & Construction, Agriculture, and Self Storage, so we understand the real challenges you face.
Focused on your future
We build strategies that support growth, resilience and smooth transitions.
Straight talk, not jargon
We specialise in Trades & Construction, Agriculture, and Self Storage, so we understand the real challenges you face.
Partners for the journey
As your business grows and changes, we’re alongside you every step of the way.
