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06-17-2012, 11:22 PM
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Senior Member
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Join Date: Sep 2010
Location: NYC
Posts: 1,055
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Get the most out of the least
There are slow hours and rush hours. Seeing that it isn't easy to increase the profit by luring customers to utilize the slow hours, we are trying something different. Working with one customer who is also a Yoga teacher, we currently offer an one-hour free Yoga class each week. It takes place right here during a slow hour in our mat. We remove some folding tables and chairs to provide the space.
http://www.screencast.com/users/John...5-ac72dc9f6cd6
__________________
- John
_________________________________________________
-I wish that all I do is to collect coins, just like the other laundromat owner down the street.
--Whoa, is that all he does? What an easy job!
-No. It is his wish, too.
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07-25-2012, 06:47 PM
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Junior Member
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Join Date: Jul 2012
Location: Scranton, PA
Posts: 12
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Brilliant! Best of all, you get word of mouth that you cannot buy...
Regards,
Vince Runza
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07-27-2012, 12:31 AM
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Senior Member
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Join Date: Aug 2009
Posts: 1,332
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ldm
Sounds good if it pans out. Might check to make sure your insurance covers this operation. Les
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07-27-2012, 06:19 AM
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Senior Member
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Join Date: Sep 2010
Location: NYC
Posts: 1,055
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Quote:
Originally Posted by ldm
Sounds good if it pans out. Might check to make sure your insurance covers this operation. Les
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Les,
Good point. Now where is my thick insurance policy book?! To my understanding, the insurance should cover everyone who enters my store? This includes my customers, those who come to chat with my customers, those who come to inspect the utility meters, those who come to use the bathroom, the homeless people, delivery persons, salespersons, and etc. Can they sue the teacher, me, or the landlord if they get injured stretching their own bodies?
__________________
- John
_________________________________________________
-I wish that all I do is to collect coins, just like the other laundromat owner down the street.
--Whoa, is that all he does? What an easy job!
-No. It is his wish, too.
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07-27-2012, 09:04 AM
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Senior Member
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Join Date: Jul 2000
Location: NJ
Posts: 5,052
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Do you really have to ask if they can sue? As the Geiko Gekco says, hey this is America - they can sue for anything, and will 
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07-27-2012, 07:23 PM
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Senior Member
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Join Date: Sep 2010
Location: Tulsa, OK
Posts: 217
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That is perfect, John! And best of all, the people are really relaxed and calm from all that deep breathing and stretching
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07-28-2012, 01:44 AM
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Senior Member
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Join Date: Aug 2009
Posts: 1,332
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ldm
Quote:
Originally Posted by jh
Les,
Good point. Now where is my thick insurance policy book?! To my understanding, the insurance should cover everyone who enters my store? This includes my customers, those who come to chat with my customers, those who come to inspect the utility meters, those who come to use the bathroom, the homeless people, delivery persons, salespersons, and etc. Can they sue the teacher, me, or the landlord if they get injured stretching their own bodies?
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Sure...they would sue at least the teacher, you and the landlord. Lawsuits are applied shot gun style. After an attorney gets involved, maybe it goes something like this: The teacher is sued because she is not certified to perfection and was teaching on and in an unsafe environment (soapy floors or a floor type not normally used to teach her art maybe). You get sued because you were negligent in not learning more about the teachers job that the teacher knew and stopping the operation. The Landlord gets sued because he did not propely enforce his lease provisions. And it goes on and on with these personal injury attorney's and liberal judges / jury's.
There are only 2 kinds of business owners...those that have been sued, and those that will be sued. Les
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07-28-2012, 08:34 AM
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Senior Member
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Join Date: Sep 2010
Location: NYC
Posts: 1,055
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Quote:
Originally Posted by ldm
Sure...they would sue at least the teacher, you and the landlord. Lawsuits are applied shot gun style. After an attorney gets involved, maybe it goes something like this: The teacher is sued because she is not certified to perfection and was teaching on and in an unsafe environment (soapy floors or a floor type not normally used to teach her art maybe). You get sued because you were negligent in not learning more about the teachers job that the teacher knew and stopping the operation. The Landlord gets sued because he did not propely enforce his lease provisions. And it goes on and on with these personal injury attorney's and liberal judges / jury's.
There are only 2 kinds of business owners...those that have been sued, and those that will be sued. Les
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Les,
After reading the insurance policy book, I believe that my insurance covers my LLC from any person's injury that takes place in my store except my employees and some of their immediate family members. The only exclusion I can find is "expected and intended injury", which is ambiguous and a very debatable topic that everyone should do some research to understand. Fortunately, as far as I can see, the chance of injury is fairly small. It is an one hour event in early morning when the floor is clean and dry. There are Yoga mats on the floor and the participants stay on the mats.
Isn't this very discouraging? This society is ill but there seems no treatment. Think about that when you ask someone for direction, he/she opens his/her mouth to speak but unfortunately breaks his/her teeth and you get sued.
Let me steal Les' line -- There are only 2 kinds of people...those that have been sued, and those that will be sued.
__________________
- John
_________________________________________________
-I wish that all I do is to collect coins, just like the other laundromat owner down the street.
--Whoa, is that all he does? What an easy job!
-No. It is his wish, too.
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08-18-2012, 02:47 AM
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Junior Member
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Join Date: Aug 2012
Posts: 10
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Quote:
Originally Posted by jh
There are slow hours and rush hours. Seeing that it isn't easy to increase the profit by luring customers to utilize the slow hours, we are trying something different. Working with one customer who is also a Yoga teacher, we currently offer an one-hour free Yoga class each week. It takes place right here during a slow hour in our mat. We remove some folding tables and chairs to provide the space.
http://www.screencast.com/users/John...5-ac72dc9f6cd6 |
Excellent idea! We could add additional streams of revenue with the property that we own. Is there a list somewhere on this forum with the possible revenue streams?
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