The R Word

[Adamski]

Guys,

I just want to commend CLA on the timely and well-written article "The R Word" that appeared in the January issue of The Journal. It is a frank discussion of the state of our economy and more specifically, the state of our industry in this recession. I hope everyone takes the time to read "The R Word" (I've read it twice). If anyone here does not receive The Journal each month, simply call CLA and ask to be put on their mailing list.

[pressandclean]

Yes, it's a good article. It's enough to make anyone considering starting a new mat think twice. I've been in the drycleaning business for a long time and that business is the worst I've ever seen it too.

Good quotes by you and Duane. I was going to say something sooner, but I got sidetracked.

[Sudds]

I read it too. Very good article. Discomforting but true nevertheless.

[SoooperDave]

I used to get the Journal, and I liked it and read it. They do a great job.
But it seemed like every couple months they'd ask me to send something back to them to tell them I still wanted it.....
It wore me down and out, to the point where I ignored it.
So after what seemed like a million, "This is your last issues", I finally got kicked off the mailing list.
I was conditioned to ignore their warnings and now I'm screwed...cause now i'd really like to read that article.
Can you summarize it....please?

[Duane]

http://www.planetlaundry.com/business-management/2009/%E2%80%98r%E2%80%99-word

[SoooperDave]

Thanks Duane, Great article.
We've got the laundromat superstars here on this board !! (NO sarcasm intended)
I think it was a great point to bring up lease negotiation.
In the last 12 months we just finished doing this and I think it was a win/win for both us and the landlord. We got a long term deal with good terms that allowed me to justify throwing some capital improvements (porcelain floor) into one of the stores last month.
It's a tough time no doubt, our own businesses are down from 2 years ago.
But all in all, it is not down as much as I expected considering the circumstances.