Plan Your Work… Work Your Plan

Originally posted – Jul 18, 2014 When I first got into the laundry business, I was skeptical as to whether or not I needed to write a business plan. However, it was something the SBA required (or at least strongly encouraged), so I went through the process of...

The ‘Inn’ Crowd

Originally posted – Nov 16, 2012 One of the most profitable and high-volume commercial accounts a self-service laundry owner can acquire is a small hotel. Typically, such accounts are 20- to 45-room hotels that may or may not have their own laundry facilities –...

Reflecting on Injecting

Originally posted – Feb 10, 2014 In past columns, we’ve discussed all of the different types of products and chemicals than can be used to successfully handle heavy-duty commercial accounts, as well as to service some of the more challenging wash-dry-fold...

Community Service

Orginally posted – Jan 02, 2013 Your laundromat is a crucial part of the neighborhood in which it’s located. And, as a small-business owner, you need to recognize this fact and do what you can to strengthen that bond with those within your community....

Uniformity

Originally posted – Oct 06, 2014 Many laundry owners looking to add commercial work to their service menu often fail to consider a fairly simple and yet quite lucrative type of account – company uniforms. Yes, it’s true that the large commercial cleaners...

Negotiating a Reasonable Rent

I’m trying to buy a laundry that’s located in a shopping center, and I would like to know what is considered a reasonable rent per square foot. I don’t want to get stuck with a lot of escalator clauses. Of course, a “reasonable rent”is...

Profitable Pricing

Originally posted – Feb 08, 2012 I get frequent calls from laundry owners asking me how to accurately price their commercial accounts. And the first thing I point out to them is that commercial laundry is a slightly different animal than residential...

Your Store

Avoiding ‘Dogs with Fleas’ Take Advantage of Key Data in the CLA’s New Quarterly Reports to Better Run Your Laundry Business By Tom Rhodes In May 2008, I purchased a rundown laundromat for $25,000 from a part-time operator who wasn’t reinvesting in...
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