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Episode 9 – Ten Need To Know Items Before Opening A Business

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.

Links:

Score.org 

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.

THE LAUNDROMAT INVESTOR PACKAGE

Included in this package:
  • 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.”

 

The Presentation Is Available Here

 

 

If you have any comments please post them below.

 

Ken Barrett

Ten Need To Know Items

Ten Need To Know Items Before Opening A Business

Ten Need To Know Items Before Opening A Business

  Applicable To Many- Targeted To The Laundromat / Coin Laundry Industry

      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.


If you have any comments please post them below.

The Presentation Is Available Here

Or hear the PodCast 

 

Ken Barrett
800-792-1941 ext 2
Ken@WashinCoinLaundry.com

 

P.S. If you would like information on this blog system and how to use it in your business CLICK HERE