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jglover
09-11-2003, 05:39 AM
Any advice for effective ways to advertise for wash-and-fold? It is such a narrow market.

Also, how do you keep the momentum of your business going? I have found it is so easy to become burnt out when you have to do everything yourself.

What is the best way to market your laundromat to be sold?

How do you overcome a huge overhead created by new machines.

PeterH
09-11-2003, 01:35 PM
When I start feeling burned out, I prepare a bank deposit. That picks me up every time!

The Yellow Pages seem to be the best bet. If your local ordinances allow it, invest money in some banners and street side signs. And tell all your customers to bring 2 of their friends next time they come...

You can't get overwhelmed by the Sword of Damocles over your head that debt creates. Take it month by month. You know how much your monthly payment is, and you have to work to ensure that your income can cover it. In a few months, if you have extra cash left over, throw it into the loan.