by Editor | Feb 6, 2023 | Highlights, Industry News
Mobile laundry pickup-and-delivery service 2ULaundry recently announced a $20 million Series B funding, which was led by Level 5 Capital Partners. To date, the company has raised $25.4 million. With this capital injection, 2ULaundry plans to continue scaling physical...
by Editor | Jan 29, 2023 | Highlights
With the Development of Wonder Wash, Atlas International Ushered in a New Era of Laundromat Design In 1980, when Atlas International Laundry Equipment Co. was established in Dallas, the typical laundromat equipment mix wasn’t much of a “mix” at all. In fact, most...
by Chris Ward | Jan 29, 2023 | Featured Articles, Feature 1, Feature 2, Feature 3, Highlights
CLA Energy Program Provider Shares an Update on the Natural Gas and Electricity Markets I’m excited about utility costs in 2023. OK, before you assume that I’ve lost my mind, let me reiterate that I’m truly feeling positive about this year for many reasons – not the...
by Editor | Jan 20, 2023 | Industry News, Highlights
On January 1, 38 states enacted noteworthy tax changes, according to a report by the Tax Foundation, an independent tax policy nonprofit organization. Most of these changes represent net tax reductions, which are the result of an unprecedented wave of rate reductions...
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...
by Editor | Jan 10, 2023 | Featured Articles, Feature 1, Feature 2, Feature 3, Highlights
A Look at One of the Most Critical Aspects for Successfully Scaling a Pickup-and-Delivery Service [This is the third of a three-part feature article on managing a fleet of laundry delivery vehicles. Here are links to Part 1 and Part 2.] One of the main elements in the...