free dry cleaning business plan

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Free dry cleaning business plan cornelia seitz dissertation

Free dry cleaning business plan

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Here're other free books in the "how to start a business" series that may interest you:. The company will has a production facility, but will still need a retail shop because of our pick-up and delivery service. However, we will need delivery vans, and customer service trained drivers. Customers can choose payment either at the time of each delivery, or by monthly credit card billing.

At the end of each month the company will send statements to each contract customer, itemizing service fees and the charge for the service to their credit cards for payment. The business provides a new door-to-door dry cleaning, laundry and clothing alteration service in Pullman, WA and surrounding neighborhoods that will surely attract customer attention.

Working customers may find this service is convenient for them and want to try it. If they are satisfied with the service quality they will likely become repeat customers. When the patronage happens continuously, they become loyal customers of the service.

Sales forecast gradually increase over the year The company's second and third year net profits are expected to grow substantially. The company provides dry cleaning, laundry, and garment alterations, offered with regular home pick-up and delivery services. Cleaning equipment will be leased with accompanying maintenance contracts.

The company will provide dry cleaning, laundry, and garment alterations, offered with regular drive-through pick-up services. Operations plan There are two ways for customers to take part in the service. We will send statements to each contract customer, itemizing service fees and the charge for the service to their credit cards for payment, at the end of each month.

The operations facility is divided into four main sections as following:. Consider these ten things when you're using the NPV, IRR, or payback method to make a capital budgeting or investment decision. Remember that the reason you're making a capital budgeting decision is to create more value in the future than exists today!

Don't commit yourself to a future course of action that is not profitable in the future under all possible conditions you can think of today and expect tomorrow. The value of a decision is not only centered in its expected results, but it is raised or lowered according to the number of decisions in the future that it does not preclude, but allows , and those for which space is created.

This statement has profound meaning for the futurity of decisions and the design of decisions by decision makers! Always use cash flows and not accounting income to create your investment decision. Cash flows are the result of the total effects of implementing the project or investment scenario only AFTER all costs are removed!

Do not include sunk costs in your investment analysis. They are already spent, gone, kaput; use only the costs that will be incurred by the new project or investment. There will be a tendency to--see how much we've already invested--use sunk costs to justify going ahead with the project anyway--DON'T! It would be irrational to use past expenditures to consider a decision which can only affect the future! You must consider "opportunity costs" as costs of the project or investment.

If you use something that could be used for something else, the cost to replace the use of the something else must be included in your capital budgeting analysis. Always consider alternative uses of capital and resources as costs to the capital budgeting project or investment. Look beyond. You must consider not just the first order of consequences, but the orders of consequences following your project decision.

Build a scenario of contingencies given the project decision. Look at the downstream effects of the decision, what are the side effects? Are there hidden costs, if so add them to the decision. Will the project steal market share from ongoing investments? What is the expected effect of these losses? What are the effects of the non-conformities. Don't let the assumptions you make about the present and the future be "blinding.

What about the nonconforming assumptions you make? How flexible are the beliefs that you have established the project parameters upon? Accounting for this now, will keep the value of the project in real terms. IRR is designed to calculate the "discount" rate at which the cash flows of your project are discounted.

Make sure that the IRR, discount rate, hurdle rate and the project discounting rate are sufficiently related or indexed to the market environment. Consider the utility of time not just the time value of money. With change occurring so rapidly, how quickly you get to the marketplace often determines how much utility is available for your investment decisions.

It is extremely difficult to calculate the utility of ideas--often the marketplace is the only valuing entity--but as a planner you must gain a feel for what happens if you're not first, your project is outdated before you go online, or sudden shifts in macroeconomic factors change project assumptions. Consider risk management, contingency planning and disaster recovery as a cost of the project! Risk analysis, business interruption and disaster recovery are important factors when considering the ultimate cost or discountability of cash flows.

What is the risk level of the project or investment? How can this "cost" be factored into the calculation? If the project is a complete failure, is wiped out by unforeseen contingencies or even hampered by personnel problems, what will be the effect on the company, organization or investment? These customers will recommend Columbia Cleaners to their friends and coworkers. We project modest net profits the first year.

Our second and third year net profits are expected to grow substantially. In providing laundry and garment alteration services for customers in the Hillsboro area, Columbia Cleaners aims to:. We will offer dry cleaning, laundry, and clothing alteration services with free home pickup and delivery. Our high quality and convenience will save time for working customers. Your business plan can look as polished and professional as this sample plan.

It's fast and easy, with LivePlan. Don't bother with copy and paste. Get this complete sample business plan as a free text document. Download for free. Columbia Cleaners Executive Summary executive summary is a brief introduction to your business plan.

It describes your business, the problem that it solves, your target market, and financial highlights. Start your own dry cleaning home delivery business plan Start your own business plan Start planning.

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Columbia Cleaners is a start-up enterprise to be established in Hillsboro, Oregon as a limited liability company owned by J. The company will provide dry cleaning, laundry, and garment alterations, offered with regular home pick-up and delivery services. The company will have a production facility, but will not need a retail shop because of our pick-up and delivery service. However, we will need delivery vans, and customer service trained drivers.

Customers can choose payment either at the time of each delivery, or by monthly credit card billing. At the end of each month we will send statements to each contract customer, itemizing service fees and the charge for the service to their credit cards for payment. The business provides a new door-to-door dry cleaning, laundry, and alteration service in Hillsboro, OR and surrounding neighborhoods that will surely attract customer attention. Working customers may find this service is convenient for them and want to try it.

If they are satisfied with the service quality they will likely become repeat customers. When the patronage happens continuously, they become loyal customers of the service. These customers will recommend Columbia Cleaners to their friends and coworkers. We project modest net profits the first year. Our second and third year net profits are expected to grow substantially. In providing laundry and garment alteration services for customers in the Hillsboro area, Columbia Cleaners aims to:.

This great business is a laundry business. Laundry business involves the use of water, soap, or other detergents to wash clothes and other linens or garments for customers who pay for such services. In Nigeria, there are 1. This is why a laundry business is a lucrative business. It is important to note that laundry is quite different from dry cleaning as the latter does not involve the use of water while the former does. For someone who is about to start a business, the laundry business should be one of your considerations.

It is a clean business that is respectable and profitable. There are many types of laundry business but for someone that wants to start small, home-based laundry services are the best. You can pick from any of these services laundry and dry cleaning companies render to the public to start the business. This is the very first step to take when starting a laundry business. It is important to register your laundry business name especially if you want to be taken seriously and you are planning on expanding your laundry business to a big one with various branches.

Your laundry business must be registered with the appropriate commission depending on your country. For instance, you register with the Corporate Affairs Commission in Nigeria. Even when you are operating from home, you still have to register your laundry business and this must be done before opening your laundry business to the public. This will help in the stability of your business and prevent future problems with the commission or government.

It is an important aspect of starting a laundry business. A person who is trained in this business will have a professional touch that will not have been there if not for the training. Training can be done at existing and successful laundry businesses, the success of a laundry business partly depends on how well it is performed.

The type of laundry business you want to start either small or big will determine its starting cost considering the space, equipment, and staff that will be needed. The size of the laundry business will determine the type of equipment that will be needed either industrial tools or basic ones. The next step to take is raising the capital for your laundry business. Now, this can be done in two ways depending on the scale of the laundry business you are interested in.

For a small-scale laundry business, the materials and equipment you are going to need would include; basins and buckets, ironing board and pressing iron, pegs, clothesline, hangers, detergents and starch, and a generator optional. For a larger scale laundry business, you would need a washing machine, hangers, generator, borehole, pressing iron and ironing table, drier, packaging nylons, glass shelf for displaying clothes after washing them , towels, and office space among others.

Depending on the scale of the laundry business you intend to go into, it is important to get your capital ready. The ironing table should be wide enough for convenience and also have a wide pressing space. You will be doing lots of ironing, so a smooth and wide ironing table is necessary. This is used in hanging finished clothes. Furniture makers can locally make it, and it should be extended to avoid stuffing of clothes. There are also standard conveyors mostly used by big laundry business.

Other pieces of equipment are big washing basins, ironing space, laundry detergent, clothespin, drying space, and so on. When it comes to the laundry business, location is an important factor. Who are your target customers? Your laundry business should be located close to them. This increases patronage and saves cost then you are doing customer drop-offs and delivery of washed items to customers. People who usually patronize the services of the laundry business include civil servants, hotels, corporate workers, hospitals, students among others.

Locating your laundry business close to either of the following could help to boost your laundry business. The best location for laundry businesses is busy industrial areas, housing estates, hotels, universities, etc. A laundry business with good services in such areas will be successful.

The location of your laundry business matters a lot and partly determines the success of your laundry business. Having a laundry business in a low profile area is the wrong location because most of the people living there will most likely wash their clothes themselves.

The space you decide to rent for your laundry business is also important as you would need enough space indoors for all your equipment and where to hang clothes and other linens after washing. If you are not planning on getting a dryer, it is important to have enough space outdoors for hanging clothes. You need to choose a place that is not located close to a busy street, waterlogged environment, or where smoke could come in contact with your clothes e.

The next important step to take is advertising your laundry business. Your customers are your number one advert platform. This is why it is very important to render the best services as much as you can. Try as much as you can to always deliver before the time specified and avoid any form of disappointments.

You could also take your laundry business online and spread the word on social media. At the startup stage, you could go from door to door and share flyers about your laundry business. For your laundry business, you would need people to do the laundry and ironing. You would also need someone to handle the bookkeeping , talk to customers as well as inspect clothes brought in to be washed and ironed. You could start with just two employees, one handling the books while the other washes and irons.

To boost your laundry business it is also important to offer customers the best service. Use perfumed detergents for washing clothes, treat them with the utmost respect, and do not forget to thank them for patronage as this is very important. In dealing with competitions, you should be able to offer very good services especially the ones that are not offered by your competitors. After a few years of starting a laundry business, one of the main objectives of your business should be expanded.

One very effective way to expand your laundry business is opening another location. In opening another location for your business, you must have the necessary tools needed in managing multiple businesses.

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Doe expects a strong rate of growth at the start of operations. Below are the expected financials over the next three years. The Founder expects that the business will aggressively expand during the first three years of operation. Doe intends to implement marketing campaigns that will effectively target individuals within the target market.

Dry Cleaner, Inc. The Company is registered as a corporation in the State of New York. Below is a breakdown of how these funds will be used:. Doe is not seeking an investment from a third party at this time. If the business is very successful, Mr. Doe may seek to sell the business to a third party for a significant earnings multiple. Most likely, the Company will hire a qualified business broker to sell the business on behalf of the Dry Cleaner.

Based on historical numbers, the business could fetch a sales premium of up to 4 times earnings. Below is a description of the products and services offered by the Dry Cleaner. The Company has already begun contracting a third party dry cleaning plant to process all orders for the business.

In addition to dry cleaning services, the business will also provide onsite tailoring services. This business segment will provide a high stream of gross margin income for the business, while ensuring that the business can always remain cash flow positive. This section of the analysis will detail the economic climate, the dry cleaning industry, the customer profile, and the competition that the business will face as it progresses through its business operations. Currently, the economic market condition in the United States is in recession.

This slowdown in the economy has also greatly impacted real estate sales, which has halted to historical lows. Many economists expect that this recession will continue until mid, at which point the economy will begin a prolonged recovery period.

However, dry cleaners tend to operate with economic stability as white collar workers will continue to require that their garments be dry cleaned despite deleterious economic changes. In this section of the analysis, you should describe the type of customer you are seeking to acquire. In this section, you can also put demographic information about your target market including population size, income demographics, level of education, etc. This is one of the sections of the business plan that you must write completely on your own.

The key to writing a strong competitive analysis is that you do your research on the local competition. Find out who your competitors are by searching online directories and searching in your local Yellow Pages. The Dry Cleaner intends to maintain an extensive marketing campaign that will ensure maximum visibility for the business in its targeted market. Below is an overview of the marketing strategies and objectives of the Dry Cleaner.

Doe intends on using a number of marketing strategies that will allow the Dry Cleaner to easily target white collar men and women within the target market. These strategies include traditional print advertisements and ads placed on search engines on the Internet. Below is a description of how the business intends to market its services to the general public.

In addition to the high visibility location, the Company will also use direct mail, flyers, and other forms of local advertisement to promote traffic to the Dry Cleaners. If they are satisfied with the service quality they will likely become repeat customers.

When the patronage happens continuously, they become loyal customers of the service. These customers will recommend Columbia Cleaners to their friends and coworkers. We project modest net profits the first year. Our second and third year net profits are expected to grow substantially. In providing laundry and garment alteration services for customers in the Hillsboro area, Columbia Cleaners aims to:. We will offer dry cleaning, laundry, and clothing alteration services with free home pickup and delivery.

Our high quality and convenience will save time for working customers. Your business plan can look as polished and professional as this sample plan. It's fast and easy, with LivePlan. Don't bother with copy and paste. Get this complete sample business plan as a free text document. Download for free. Columbia Cleaners Executive Summary executive summary is a brief introduction to your business plan.