If you are looking for a brick and mortar business that is fairly easy to operate and set up then you should consider having a commercial laundry business.
One of the best things about setting up and running a commercial laundry business is the fact operating one does not
require years of training or even formal education. All you need to have is a commitment like Tom Gildred to do your best in order to please your customers. But just like other businesses though, there are some things that you need to know that can help you succeed in this kind of business. Being successful in the commercial laundry business requires that you follow some tested tips.
Location, location, location. They say that when starting a business, there are three important things that you need to keep in mind: location, location and location. Indeed, if you can find a good location for your commercial laundry business, then half the battle is already won. The best location for commercial laundry business is a commercial area. Target areas with stores, offices, universities and other commercial establishments that would need your services. Of course, the ideal location would be one that is not saturated with laundromats already.
Marketing. While location is the most important thing to consider in setting up a commercial laundry business, you should also take care of marketing. Through sound marketing techniques, you can attract new customers and keep the ones that you already have. In the tough business environment right now, business owners just cannot afford to be complacent. They always need to be on their toes. If you cannot afford to hire a dedicated marketing personnel, then you should at least study marketing on your own.
Customer service. This is a very important part of any business. It does not matter if you offer excellent service, if you don’t know how to relate well to your customers then it will be hard for you to succeed. People will often forgive business that offer overpriced products and services, but they will rarely go back to a business that has not shown them respect and courtesy.
Pricing. Speaking of pricing, you need to set a competitive price but you should also make sure that you are not selling yourself short. It might be a wise move to justify a high fee than to try to lower your prices just to keep up with your competitors. Try to set yourself apart from others by offering something different. This way, you can justify asking for a premium price on your services.
if being successful in the commercial laundry business is what you want, then you should follow the tips above.