If all the financial terms surrounding owning your laundromat have left you feeling like you should have gotten an accounting degree, you're not alone. With terms like the cost of goods, fixed costs, variable costs, and gross profit margin flying around, you may find yourself feeling confused. Rest assured, you're in good company. Many small…
Read more
Determining the Best Equipment Mix for Your Laundromat
Choosing the right laundry equipment mix is sometimes a difficult task for new business owners. Laundromats are convenient for users for various reasons, but making sure you have the right mix of laundry equipment in Greenville, SC is essential to your success. Equipment mix is an industry term that describes machine size, capabilities, and type.…
Read more
Upcoming Trade Shows and Events for Laundry Businesses
If you’re looking for trade shows, conferences, and other events for laundromat owners as well as to learn about new and improved equipment, we have compiled a list for you! Below you will find all of the upcoming events with the names and dates of each. Be sure to check them out. Searching for trusted…
Read more
Calculating Your Laundromat’s Operating Break-even Point
When you start your own business the goal is to make money. To know just how much money you need to make to make a profit, you must first know what your break-even point is. So, how do you calculate that break-even point for your business? To do so, you will need to know the…
Read more