If you’ve thought about going into business for yourself, you may have looked at the laundry and dry-cleaning industry. People always need clean clothes, but many business professionals who dedicate all their time to climbing corporate ladders have little time for maintaining their clothing, which is an important piece of their professional image. For this reason, having access to a business willing to take care of the cleaning and ironing for them is important to their success.
The First Steps
If you’ve decided starting a laundry business could work for you, taking the right steps will be important to your success.
- First, decide on a location. You’ll want to choose an area that is bustling with professionals.
- Next, know your clients and their needs, so you know what equipment to purchase and services to offer.
- Then write a business plan. This will help find a lender as well as give you a roadmap to success.
Opening Your Business
You’ve found your location and you’ve located equipment. Leasing your equipment, in the beginning, can help save money until your business is firmly established. Before opening your business, speak with your insurance agent to ensure you have all your liabilities covered. This will protect the financial future of you and your business.
Starting a business is a big step toward financial freedom. Being attentive to the details ensures your success.