by Editor | Jan 19, 2023 | Industry News
Venture-backed technology company Cents has unveiled a new lending arm – Cents Capital, which was created to facilitate low-interest loans for its customers. This new offering will help laundry owners grow their businesses, whether it be through expanding their...
by Editor | Jan 16, 2023 | Uncategorized
An Interview with Carol Dang of Elite Business Investments Carol Dang is the vice president of Elite Business Investments Corp., a laundry equipment distributorship and business broker headquartered in Valley Village, Calif. – a company she founded in 2008 with her...
by Editor | Jan 16, 2023 | Industry News
Turns, a vertical SaaS startup for the laundry industry, has raised $500,000 in pre-seed funding, led by Better Capital, along with participation from PointOne Capital and a group of angel investors. Turns provides laundromat owners with an integrated software and...
by Editor | Jan 12, 2023 | Industry News
Monica Wales, owner of Happy Laundry in Spokane, Wash., will be a featured speaker at the upcoming WE Ignite Conference 2023, a virtual event scheduled for February 9-11. Wales’ interactive session – “From Paycheck to Paycheck to Abundance” – will be held at 1:00 p.m....
by Editor | Jan 11, 2023 | Highlights, Industry News
The Section 179 deduction for 2023 is $1,160,000, which is an increase from $1,080,000 in 2022. All U.S. companies can deduct the full purchase price of all qualified equipment purchases, up to the limit of $1,160,000. In addition, the “total equipment purchase” limit...