being in the IT field, we use a lot of velcro straps. i use the kind that have a slit in them to allow the strap to be looped. i loop it and attach it to the ratchet so its there all the time. them i roll them up and wrap the velcro strap around it and its a nice little ball.
that said, i usually find my straps in a tangled mess because my boys don't spend the time to do what i have shown them how to do 100 times. funny how that works.
