How to Start a Business
How to Start a Dry Cleaners Business
These tips are written for those of you who are thinking about starting a dry cleaners business. Read this article before you begin your venture.
Thinking about opening a dry cleaners business? We tell you what you need to know to get started.
Characteristics of a Good Dry Cleaners Company Business Plan
Your dry cleaners company's business plan should be tailored to your business's unique traits and goals. Yet good business plans universally hit on sound business plan elements:
- Mission Statement – Your description of your dry cleaners business's reason for existing.
- Goals & Objectives – The end results of your company's business activities.
- Financial, Marketing & Action Plans – Specific plans that describe your business environment, demographic targets and quantitative estimates.
Assess the Competition
Long before you open a dry cleaners business in your town, it's essential to see what the competition looks like. Try our link below to find competitors in your city. Simply enter your city, state and zip code to get a list of dry cleaners businesses in your town.
Gain a knowledge of how existing firms have positioned themselves in the marketplace, and then design your business in a way that sets you apart from the others.
Getting Advice from Experienced Entrepreneurs
If you want to open a dry cleaners business be sure to learn as much as you can from somebody who is already in the business. Local competitors are not going to give you the time of day, mind you. It'd be crazy for them to teach you the business.
Fortunately, somebody who runs a dry cleaners business on the other side of the country can be a great learning resource for you, after they realize you reside far away from them and won't be stealing their local customers. In fact, they are often very willing to share startup advice with you. Our estimate is that you may have to contact many business owners to find one who is willing to share his wisdom with you.
So, what can you do to find somebody who runs a dry cleaners business who is willing to advise you because you live in different cities?
Simple. Let your fingers do the walking by using the link below.
Three Arguments for Buying a Dry Cleaners Business
It's almost always preferable to buy a dry cleaners business than to pursue a dry cleaners business startup.
You'll want to conduct a comprehensive due diligence process, but here are three arguments why you should think about buying instead of a startup.
- Initial Revenue. Startups struggle to bring in revenue right out of the gate while existing businesses usually have a steady stream of income.
- Operational Efficiency. A good dry cleaners business should already function like a well-oiled machine.
- Capital Acquisition. Lenders, investors and other funding sources almost always prefer business purchases to startups.
Franchising May Be a Better Way to Go
Startup small business owners are at definite disadvantage compared to entrepreneurs who buy an established operation.
Franchise dry cleaners business startups offer the best of both worlds. Proven franchises give startup business owners access to a turnkey business concept. Instead of reinventing wheels, you can focus on growing your company.
The link below will take you to Gaebler's dry cleaning and laundry franchise directory where you can start exploring prospective franchisors for your startup.
Related Articles on Starting a Company
These additional resources regarding starting a business may be of interest to you.
Share this article
Additional Resources for Entrepreneurs