KaamDar — Apna Business — Laundry
Laundry business holds an unlimited potential to generate healthy monthly Income. However, to make it happen, you should do somethings right. Given below is a Laundry business plan that will help you here.
Learn about Laundry Business : In the business of Laundry , you clean fabric for your customers. The industry never goes obsolete. Everyone prefers a relaxed life. And laundry is the household chore everyone hates to do.
Work in the Laundry Segment : You should start by working in an established laundry . Doing this will help you gain experience and know more about the Laundry business. You will also understand what customers expect from their laundry/dry cleaning vendor.
Market research : Research your market well, see if the area needs the service you offer. This will help you understand how customers will welcome your business. It is important to understand and data on the following
Market size of Laundry business in your area ?? — How many households , hostels, PG ect.
Competition in your area? — Do SWOT analysis of your competition
Gaps in the Market — Identify Gaps in current offering , see if the market is big enough for the market you are catering to and finally define your ideal customer avatar.
Laundry business plan
Once you have the learnt about laundry — worked in a laundry for sometime and done your detailed market research . The next step is a detailed laundry business plan. When writing a plan, all factors that influence your business appear before you.
The following factors deserve the utmost importance in this regard.
Real estate : Laundry is not a work from home kind of business. You will have to buy/lease a property. And the price will vary depending on your location. You need to pay the advance and pay a monthly rentals of your laundry shop. If you want a complete and detailed laundry business plan you can mail me at ashutosh.khadria@gmail.com.
Cost of machine and equipment : To start a basic Laundry you need to invest in a basic washer and dryer . You can start with one set of washer and a dryer and a vacuum iron table with a steam Boiler . Once you reach the full capacity/optimal utilization for the first set you can then scale up and invest in multiple sets of machinery.
Cost of other Hardware & Software : You need to invest in buying one computer with printer and in a good billing software. Having a good ERP system helps in acquiring and retaining customers for longer period of time.
Running and Variable Cost: Apart from the above fixed cost you have have knowledge of your monthly running cost like Monthly shop rent , Salary of shop manager , electricity bills , Cost of software , repairs and maintenance , miscellaneous. If you want a complete and detailed laundry business plan you can mail me at ashutosh.khadria@gmail.com.
Customer acquisition & Marketing: This is one cost you should not ignore, most laundry owners think that they don't need to spend on customer acquisition and marketing of there services as laundry is like grocery and people will need this service forever . However, what we forget as entrepreneur is that we need to always keep improving our services and keep marketing our service to stay ahead of the competition. Focus on quality of cleaning and service is key to success of any Laundry business. So whatever profit one makes every month should be reinvested into innovation , R&D and marketing of services.
Remain Organized: Launching a business is the toughest test for your organizing skills. Be prepared to handle emergencies as and when it arises. This will make sure that your business runs smoothly during tough times.
Build a team you can Trust: You need some trusted people who can take care of your business in your absence.
Legal Documents
- Certificate of incorporation.
- License.
- Permits from your State Government.
Apply for a laundry business loan
You need to take help of CA or you can approach me for creation of a formal Laundry business Plan required to avail loans from Banks or NBFC.
You can check out a small video of online course conducted by me on laundry business conducted by me.
If you want a complete and detailed laundry business plan you can mail me at ashutosh.khadria@gmail.com
Ashutosh Khadria — Proprietor — SSK White Collar — Bangalore
SSK White Collar is Bangalores most trusted Laundry and Dry cleaning chain since 2008 with over 30 branches across Bangalore. www.sskwhitecollar.com
Hari Om tat sat !!!
