Setting up and operating laundry business?

Question

Hi there! I'm planning of putting up a laundry business can anyone give me tips, advices, guidelines and the like on setting it up and operating it.

Answer 1

Well in my opinion the very best thing that you could do to start off on the right foot and get as many people on your team as you can. After all the only difference between small business and big business is the advisors they have telling them how to protect and grow their business. How would it be if you could employ an HR director, an IT manager, an Accountant, a Tax Advisor, a Marketing Director and offering you consultations, answeing questions and giving you the documents you need, and last but not least a lawyer to look over all of your documents, answer questions and defend you or your business if sued or possibly audited.

What if you could do it for one low monthly fee....

If you are interested in what my firm has to offer contact me directly and we can discuss what you business qualifies for. It will cost less than you could ever imagine and will save you at least three times as much.

Good Luck With Your business Either Way.

Answer 2

Find something at a prime location. Having the machine on-site is more convenient. Ascertain about the lease terms and get to know the landlord. Then, you need to identify what type of clientele you want: i.e., individual people, hotels, business offices, etc. The decision will be based on the capacity of the shop measured by the machine and labor hours. If this is your first time, find an established one, so you can get trained by the owner and observe the operation for a week or two. There are many tricks to it, but you'll pick them up. Finally, as with any business, have a good exit strategy. As with any business, you should have enough reserve so that you could survive at least 6 mon. without any income from the business. Good luck! The biggest benefit is that it's largely a cash business.

Answer 3

The best routes to take are to research the process of starting a business as well as the industry you're interested in.

I recommend checking out the SBA, Entrepreneur, The Start Up Journal & Nolo. All 4 are great informational resources for the new/small business owner. I posted links for you in the source box.

Associations may be a good avenue to explore as well. These organizations will address many of the thoughts, questions and concerns you'll inevitably have as well as many you haven't anticipated yet. See the source box for some relevant links.

Research, research, research – this cannot be stressed enough. Read as much as you can about the industry. Here are some book titles that are relevant:

* How to Start & Manage a Dry Cleaning Business: Step by Step Guide to Starting & Managing Your Own Business by Jerre G. Lewis, Leslie Renn
* Start Your Own Coin-Operated Laundry by Mandy Erickson
* How to Start and Manage a Coin-Operated Laundries Business: A Practical Way to Start Your Own Business by Jerre G. Lewis

Hope that helps! I wish you much success & happiness in all your ventures!

Answer 4

in setting up a laundry business, try attending seminars about opening a laundry business around your area. its sometimes free...
you should check the location where your are planning to open. best locations are near villages, condominiums, residential areas. it's also safer to open in areas where there are about 2-4 laundry shops in operation (not too much- the market might be saturated) -it's a way to check if the area is feasible. A 40 square meter area is good enough to start with.
Start with only 1-2 commercial type washing machines and 1 heater.