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Feasibility study and business plan on laundry and dry cleaning business
Are you interested in starting a laundry business from home? Do you need a sample laundry business plan template or feasibility study? Do you want to know what it takes to build a successful laundry business? Then I advice you read on.
12 Reasons to Start a Laundry Business
- •Laundry business is an easy and convenient business to start
- •It is not capital or management intensive
- •You can start this business right from home and grow from there
- Laundry and dry cleaning services are rated to be one of the top ten to have the lowest failure rate.
- •It is a very lucrative business, as not everyone that puts on clothes has the time to do the laundry involved thereafter. Many people have a tight schedule, so they consider it a waste of time doing their laundry. This is the reason why you stand a chance of making a lot of money because this people will definitely seek your services.
- •You are your own boss. One of the wonderful advantages of establishing your own laundry business remains that you will have freedom to do your things your own way. You won’t be taking orders from anyone except your customers.
- Payment for the service is mainly by cash.
- •No capital stagnancy, receive payment every month, easy to get instant profit.
- •Capital requirement for purchasing commercial laundry equipment is minimal; therefore the risk of this business is low.
- •This service only requires a few staff.
- •Customers use this service as there are few or no alternatives
- •The demand for using service is increasing due to changing life styles, incomes, and the increase in clothing expenditure.
If you're serious about starting business, laundry service is one of the business you should give serious consideration. Besides, Dry Cleaning business is a very clean business full of respect and dignity and still brings good money. That's what makes the business a must for smart guys and ladies.