Episode 9 Ten Need To Know Items Before Opening A Business
Applicable To Many- Targeted To Laundromat / Coin Laundry
Everybody likes a Top 10 list and these may not be the Top 10 but they are certainly the big ones.
This information is targeted to a Laundromat / Coin Laundry but most will apply to any small business.
The percentage of small businesses that fail during the first few years is actually a very sad number. Thousands of people have a dream and open a small business. They have the dream but not all of the information.
This list has been developed from my own experience. I currently operate 3 successful Laundromats and was fortunate enough to have some guidance at the start and learned the rest very quickly. Unfortunately some of the items came as a surprise.
The presentation is available at the bottom of the page.
Why SCORE? SCORE offers the nation’s largest, network of free, expert business mentors.
If you’re just starting a business, SCORE mentors can provide the practical action plan, education and tools you need to open your doors and establish a customer base. Already own a business? Our volunteer mentors can help identify ways to increase profit, improve employee and customer satisfaction, and achieve work/ life balance.
- Business Plan Template
- 3- Year Financial Plan Template
- Construction and Start Up Actual Costs
- Renovation Pictures
- Simple Pro-Forma Layout
- Demographic Information and Presentation
- New Store Cost Budgeting Form
- And so much more
- All areas of the forms can be edited to fit your location.
An SBA Article on Mentors: ” … according to a 2014 survey by The UPS Store, 70 percent of small businesses that receive mentoring survive more than five years – double the survival rate of non-mentored businesses.”
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