The Eastern Way Fundamental #2: Make quality personal
Eastern Way Fundamental #2: Make quality personal This week’s fundamental was written by Ozzie Herrera. Ozzie has been with Eastern Funding for 9 years, owned and operated laundromats, managed grocery businesses and now works... Read More
Does your lease include a mutual subrogation waiver?
Does your lease include a mutual subrogation waiver? There are many elements of running a successful laundry business that are not clear cut. Leases, contracts and other legal agreements frequently include language that it... Read More
Preparing a business plan to repay your loan
Preparing a business plan to repay your loan When determining what level of finance to offer qualified laundry business owners and investors breaking into the field, Eastern Funding considers a variety of factors. It... Read More
4 key facets of operating a laundromat
According to an expert in the laundromat industry, there are four key areas every coin-operated laundry owner should focus on. According to an expert in the laundromat industry, there are four key areas every... Read More
4 key facets of operating a laundromat
According to an expert in the laundromat industry, there are four key areas every coin-operated laundry owner should focus on. According to an expert in the laundromat industry, there are four key areas every... Read More
Avoiding the pitfalls typical of failing laundromats
When a laundromat fails, it is typically due one of the same few reasons. Laundromats run into the same pitfalls as other small businesses, and when owners can’t find a way out, they are subject... Read More
Ensure laundromat finances remain in good standing
Getting the laundromat’s finances in order can be a difficult task, but there are some options available that can really put everything in motion. Advanced planning combined with discipline may end up being quite... Read More
Adjust properly through a difficult financial climate
Laundromat owners may still be dealing with a difficult economic situation due to the still incomplete recovery. When struggling to get the most business possible, you may want to make some financial adjustments in order... Read More
Prepare laundromat for summer weather
The summer weather may have some laundromat owners looking to alter their preparations for their building. Looking at some good options to make the business function better and be more economical may be a good... Read More
Take money management tasks seriously
Whether an individual runs a laundromat or dry cleaners, it is important to earn a sufficient level of revenue and allocate it correctly. There are many reasons to keep in mind bookkeeping and ensure... Read More