How Equipment Downtime Affects Your Business

Commercial Washer SC

Owning and operating your own business can be a great, rewarding option as a career. It also, however, comes with some headaches. Those that own a laundromat know all too well what can happen to affect your business at certain times, especially when equipment is compromised. Whether there's an issue with a set of washers, dryers that aren't doing their job or problems with electricity, having any sort of equipment downtime can be quite troublesome for business.

After all, the bread and butter of a laundromat is that it's a business that offers a way for people to wash and dry their clothing when they have no other option. So, when your company can't offer that for a period, your business is virtually shut down. If you are need of the best commercial washer or commercial dryer SC has to offer, stop wasting time and call T & L Equipment Company today! We'll save you time looking, and lots of money on your purchase.

How Equipment Downtime Affects Your Business

Downtime means that machines aren't functional. Or, the business, in general, cannot operate. When a laundromat doesn't have properly working equipment, downtime is inevitable.

Breaking down the actual cost of losses during equipment downtime can be difficult to understand and accept. However, at some point in your business owning career, you will be faced with this issue. It's good to know just what it might cost you. Below, we break it all down for you. 

Per Employee

If you have at least one employee working for you, you'll endure a loss there. It can cost up to $50 per hour, depending on how many workers you have. It can also affect at least 20 percent of your overall staff.

Per Hour

Having equipment downtime can cost you revenue up to $50 per hour. It is actual money that your business is losing out on due to machine issues. Up to 30 percent of your overall revenue will be affected, as well. 

There will also be costs for repairs that come into play. This might even mean emergency charges for after hours service and more. Depending on the repair company you work with, you may be able to work with them to get a break for services that need to be done in an emergency situation. 

Preparing for downtime is difficult, but can be done. Putting away extra money for repairs and employee costs is a great way to do so. It might mean having extra cash available, as well. Some emergency repair companies will work 24/7 and if that's the case, they might be working after hours when banks aren't open. 

We hope this information helps you better understand what can happen when downtime comes into play as well as how much it can cost and affect your laundromat. 

Are you considering opening a laundromat in your area? Trust T & L to help you get it going.  We will work with you from the beginning on all aspects of opening and operating your business!

The Best Commercial Dryer SC Has Offer Is At T & L Laundry Equipment!

If you are ready to see what purchasing the best commercial dryer SC has to offer can do for your business, give us a call at T & L Equipment Company. We have 40 years of experience in the business, so you can be confident that with our help, you can make the right investment in your business so that you can continue to grow and succeed.

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