If you have ever been responsible for planning or hosting a party, wedding, or reception you already know the cost of renting linens. Linens for an event include tablecloths, napkins, floor coverings such as rugs, and chair covers. If you have a business you might also rent linens such as towels, rugs, and bar cloths on a weekly or monthly basis. Given the costs of these items have you thought about starting your own linen rental service? Having your own linen rental company will allow you to provide this service to many types of businesses and make a great return profit on your investment. Where is the best coin operated laundry equipment NC has to offer? With T & L! Call now to learn more.
To pursue this type of business you will need upfront money to purchase your linens. Deciding what linens to offer will also be a major decision you will want to give lots of thought to. A good rule of thumb is to purchase at least two of each item you choose. This allows you to have one item laundered and ready to go at all times. Start small and you will be able to invest as little as $2,000.00 in startup costs. Then build your inventory as you go to have the most potential for income.
Keep in mind you will need to be able to transport the linens so a delivery vehicle will be important. This does not have to be a fancy vehicle, a standard van will work. You will want a reliable, well-maintained form of transportation. This can be a costly addition to your startup budget so give it a lot of thought. You will also need insurance, maintenance, a car tag, and gas. All of these will need to be factored into your budget.
Where will you operate your business? You will need a good facility where you can wash, dry, and maintain your linens. Most people do not have commercial grade machines to do this type of work out of their home. Finding the right place will also mean adding monthly rent to the budget. Make sure you also have an office space for keeping paperwork neat and organized and for meeting with customers.
To ensure that you get the best return on your investment you will want to take the proper care of your linens. They will need to be properly washed, dried, and folded for storage after each use. Teach any employees how to do this and do it well. You will also want to include a security deposit on your rental contract. This is to make sure your customers are taking care of your linens as well. If there are accidents, this will cover replacement costs for you. Take the time to ensure you have a solid contract for your customers to sign.
The linen rental service business can be a great income producing business. Take the time to think through the possibilities and get some good advice when needed.
Best Coin Operated Laundry Equipment NC Has to Offer
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