|
|
|
|
Published 08/27/2008 - 10:00 a.m. CT
|
|
|
| Photo: iStockphoto.com/Attila Banhegyesi |
|
|
Most laundry owners use their accountants as narrowly focused clerks who turn out report cards and advice. However, with their specialized training, they can interpret your financial information in ways that you can’t.
|
|
|
|
|
|
|
|
|
|
|
Published 08/26/2008 - 10:00 a.m. CT
|
|
|
|
|
FALL RIVER, Mass. — American Dryer Corp. (ADC) has secured capital funding up to $300 million to allow the company to strategically acquire complementary businesses.
|
|
|
|
|
|
|
|
|
Published 08/25/2008 - 9:59 a.m. CT
|
|
RIPON, Wis. — Alliance Laundry Holdings LLC has announced results for its second quarter, which ended June 30, 2008.
Net revenues for the quarter increased $5.5 million, or 4.7%, to $122.4 million from $116.9 million for the quarter ended June 30, 2007. The company’s net income for the quarter ended June 30, 2008, was $4.4 million compared to $2.7 million for the quarter ended June 30, 2007. Adjusted earnings before interest, taxes, depreciation and amortization (EBITDA) for the quarter ended June 30, 2008, increased $2.7 million to $20.5 million from $17.8 million for the quarter ended June 30, 2007.
|
|
|
|
|
|
|
|
|
|
|
|
Published 08/22/2008 - 10:00 a.m. CT
|
|
|
| Photo: iStockphoto.com/TIM MCCAIG |
|
|
The nation’s tough financial times are a big topic in my Laundromat. Rarely does a day go by when economic problems don’t come up in conversations with customers and employees.
I was talking to a customer just the other day about jobs. The conversation really hit home: The father of the family had lost his factory job and was in the market for a new one, although he wasn’t hopeful.
|
|
|
|
|
|
|
|
|
Published 08/20/2008 - 10:00 a.m. CT
|
|
Now that your laundry is up and running, how do you make it meet or exceed the national numbers on turns per machine that we all talk about? I hope you have developed a marketing plan, which is essential for any business. Ask yourself this question: Am I willing to hope all goes well with a significant investment on the line?
If you don’t have a marketing plan, take the time to make one now and increase your rate of success. If you are rolling and feel it’s not necessary, beware! After the newness wears off, business may slow down. A marketing plan can increase your revenue and profitability beyond your expectations.
|
|
|
|
|
|
|
|
ADVERTISEMENT 
