...DeRosa, a local resident of Everett, Massachusetts and a retired Financial Planner, who decided to go into business for himself after retiring from the corporate world. The first store was purchased in Everett, Massachusetts and it provided dry cleaning services to the entire city of Everett, at a time when there were no other dry cleaners in the city. The company was highly profitable in the first few years, since there were no other dry cleaners in the area, there was no competition. After being successful within the first few years of opening, two more establishments were purchased in Newton and Woburn. DryCo Cleaners provides dry cleaning services, clothing restorations and storage facilities. Since opening the Everett location, other dry cleaners have come into the area. I do not feel that the new dry cleaners in the area have had any impact on the overall profitability for the Everett location due to the fact we have built a good rapport with our customers and the community. The Newton and Woburn locations are in close proximity to the office parks in the area where we receive most of our clientele, there are only four other dry cleaners (two at each location) but they do not offer the extended hours nor do they offer express cleaning services,...
Words: 1102 - Pages: 5
...HOW TO RUN A SUCCESSFUL LAUNDRY BUSINESS FROM HOME http://www.onwealthclub.com1 INTRODUCTION A civil servant once came to share a happy success testimonial to a Christian group I belong to. In his testimonial, he shared about how he and his wife have been searching for a business to start against his retirement. Being salary earners all their lives, they found it difficult to identify a business to start. One day, his wife came to him and suggested that they should start LAUNDRY BUSINESS. To cut the long story short, this man’s joyful testimony boils down to how surprise he was to discover that such business generates incredible income for them today. His main happiness is on how he can comfortably retire to a thriving business. Another friend of mine who presently works in a bank and owns a laundry outfit also shared his amazing experience in laundry business. Being one of the victims of the several university strike actions in the nineties, he out of boredom applied for a job in a laundry workshop. According to him that laundry workshop occupied a warehouse under a two storey building somewhere in Surulere, Lagos state. While working there, he developed interest in laundry business, which resulted to him having a laundry outfit even while working in the bank today. The same laundry outfit he worked in back then now has over eight different branches in Lagos state and has bought the entire two storey building where they were occupying the warehouse in the nineties. To...
Words: 2069 - Pages: 9
...Professor, Shashon Miles February 17, 2016 * Table of Contents I. Purpose of Study 3 II. Background Analysis 3 III. Literature Review 3 IV. Benchmark Analysis 3 V. SWOT Analysis 3 VI. Proposed Action Plan and Implementation Timeline 3 VII. Graph Year One 3 VIII. Graph Year Two 3 IX. Graph Year Three 3 X. Potential Impact of Current Trends 3 XI. Desired Future State 3 XII. References 3 Purpose of study I have been working in the Dental Technology Industry for more than Complete Service Description The service our team decided to propose is a mobile dry cleaner service. It consists of having a truck act as a mobile store front, allowing customers to drop off and pick up their clothes from our dry cleaner. Our innovation will be an adjacent innovation opportunity because it will provide an alternate service opportunity while working along with a traditional dry cleaner. The source of the idea came when reading an article on a new company called Caviar. They offered food delivery to consumers from high end restaurants that didn’t offer the service. Consumers where comfortable paying a premium price to have the food they wanted. The company enjoyed great success leading to their buyout by Square, for a reported price at roughly $90 million. IV. Service Offering and Description Of Services to the Customer In the major cities of the U.S. citizens quality of life has increased. People want to spend the free time they have for...
Words: 1786 - Pages: 8
...Project Summary In this chapter, the group presents the highlights, descriptive definition, long- range objectives, feasibility criteria, history and basic conclusions of studying the business viability of “Biba Lavendera” laundry shop. A. Name of the Enterprise Biba Lavandera Laundry Shop A business name is one of the most essential things to be prepared in starting a business. Biba Lavandera as the primary name of the business, originated from the noun word “bibo” that means smart or bubbly. It is used to refer a person that is active and has energy. “lavandera” came upon the suggestion of Professor Patriarca as it appeals more to the target audience. Biba Lavendera somehow gives an extraordinary attention The name “Biba Lavandera” is unique, simple and easy to remember. People will easily visualize what the business is about and it will aid to their memory. It includes the information that the business does and can easily be understood by various target market. The business logo shows a bubbly girl to represent Biba, a sun to denote a bright day for doing laundry with the name of the enterprise. The colors used are on the light shades to be more attractive and leave a clean and fresh image. B. Location The location of the business is at Blk 79 lot 3 Ginseng Road, Robinsons Homes East Bgy. San Jose, Antipolo City. Biba Lavandera is inside the Robinsons Homes. Basically, the business is intended for the residents of the community...
Words: 2892 - Pages: 12
...HRM Tutorial Exercises 1 Carter Cleaning Company Jennifer Carter graduated from State University in June 2005, and, after considering several job offers, decided to do what she always planned to do – go into business with her father, Jack Carter. Jack Carter opened his first Laundromat in 1995 and his second in 1998. The main attraction of these coin laundry businesses for him was that they were capital – rather than labour-intensive. Thus, once the investment in machinery was made, the stores could be run with just one unskilled attendant and none of the labour problems one normally expects from being in the retail service business. The attractiveness of operating with virtually no skilled labour notwithstanding, Jack had decided by 2015 to expand the services in each of his stores to include the dry cleaning and pressing of clothes. He embarked, in other words, on a strategy of “related diversification” by adding new services that were related to and consistent with his existing coin laundry activities. He added for several reasons. He wanted to better utilise the unused space in the rather large store he currently had under lease. Furthermore, he was, as he put it, “tired of sending out dry cleaning and pressing work that came in from oor coin laundry clients to a dry cleaner 5 miles away, who then took most of what should have been out profits.” To reflect the new, expanded line of services, he renamed each of his two stores Carter Cleaning Centers and was sufficiently satisfied...
Words: 650 - Pages: 3
...------------------------------------------------- PROJECT SUMMARY A. Company Name A business name is one of the most essential things to be prepared in starting a business. The group decided to give the business, a unique name, the “Love – bada – Bango” laundry shop.The idea of the business name came from the popular advertisement of one of the leading fabric conditioner in the country. Love – bada – Bango originated from the tagalog phrase “labada bango” which means that the clothes will be clean with good and pleasant smell. Love’ba – dub – bango laundry shop also means that will serve you and wash your clothes with love and passion providing the pleasant and long lasting good smell. B. Location Love – bada – Bango laundry shop will be located at 1043 Ashley Compound, Barangay Del Remedio, San Pablo City, Laguna 4000. The lot measures 100sq.m. and we will expecting the laundry will occupy only 85 sq.m. The business site is accesible to those who are residents of the area and also those students and employees who are bed spacer. C. Brief Description of the Project Clothes are one of the essential needs of human and it also boost the confidence of the person because we all know that sometimes your physical looks can define every individuals personality. In addition to that having a good physical looks includes having a clean and good - pleasant look and smell of us. One of the great asset of everything around the community is having a clean and long lasting pleasant smell...
Words: 6967 - Pages: 28
...The proposed market research of ESK cleaning service 1 Introduction The main purpose of writing this report is based on the market research on ESK cleaning services. The process of analyzing the balance of a new products or services through techniques such as surveys, product examining and focus groups. Researching the market allows a company to discover who their competitors is and what these clients think about products or services before it becomes available to the natives. Researching the industry may be performed by the company itself or by a third-party company that focuses primarily on general industry trends. I have chosen survey as a strategy to do the market research. ESK cleaning service provide several types of cleaning services. This will attract the customers to come to the shop for cleaning their clothes. Before setting up the company, I had given survey forms to individuals around the place and also have done analysis about the opponents and few other aspects. 2 Market trend The common route of a market or of the cost of a resource. Styles can differ long from brief, to advanced, to long lasting. If you can recognize a trend, it can be extremely successful, because you will be able to do business with the trend. This market trend will help to assess the customer care, the opponents, and the trend of overall industry, how the cleaning services will be placed. 2.1 Customer Satisfaction Marketing Techniques is easy, provide best quality of services...
Words: 2149 - Pages: 9
...Riordan Manufacturing Bottlenecks Summary Team Operation Overload Sherry Davis Gualandi, Telechia Miller, Tejas Shah, Kara McRae OPS571-Organziational Management James Ziegler July 25, 2011 Riordan Manufacturing Bottlenecks Summary Through the learning team discussion, potential bottlenecks are identified and organized by department. This will provide insight for operations to focus efforts where the largest constraints can be minimized for the greatest return. Bottlenecks or constraints Bottleneck issues with excessive lead time from Chinese motor distributor 1. Build safety stock of fan motors 2. Possible cost breaks for larger orders Riordan initiative to lessen polymer safety stock 1. Determine manufacturing requirements 2. Less stock on-hand since provider is local Potential closing of Michigan location, or re-purposing plant for other plastics manufacturing 1. Michigan manufactures custom plastic parts for fans 2. China also manufactures custom plastic parts for fans on a global basis 3. Quality issues in the Michigan plant on medical supplies IT Department 1. New technology being used, learning curve 2. Potential for human error as a bottleneck Legal Department 1. Logistics of getting materials to Hangzhou location 2. Infrastructure from Hangzhou Bay to Shanghai Operations Department 1. Manual order forms, inventory process 2. Human error, employee reliability Personnel Adding line managers will give a steady presence at...
Words: 723 - Pages: 3
...Machine Wash, Hot 60C MW60C Machine Wash, Hot 70C MW70C Machine Wash, Hot 95C MW95C Machine Wash, Hot MW_Pres Machine Wash, Permanent Press Machine Wash, Gentle or Delicate NOTE: SYSTEM OF DOTS INDICATING TEMPERATURE RANGE IS THE SAME FOR ALL WASH PROCEDURES. W_DoNot MW_ Gentl Garment may be machine laundered only on the setting designed to preserve Permanent Press with cool down or cold rinse prior to reduced spin. Garment may be machine laundered only on the setting designed for gentle agitation and/or reduced time for delicate items. Garment may be laundered through the use of water, detergent or soap and gentle hand manipulation. Garment may not be safely laundered by any process. Normally accompanied by Dry Clean instructions. Any commercially available bleach product may be used in the laundering process. Only a non-chlorine, color-safe bleach may be used in the laundering process. Chlorine bleach may not be used. No bleach product may be used. The garment is not colorfast or structurally able to withstand any bleach. Page 1 Hand Wash Hndw Do Not Wash...
Words: 1034 - Pages: 5
...Recommendation 3 (according to innovation) 8 3.1 Existing objectives, strategy and operational plans of SOTC 9 Table 6 Estimated existing value of the business. 9 3.2 Revised business plan 9 Estimated revised value of the business. 11 3.3 Detailed Operational action plan. 11 4.1 & 4.2 The impact of the proposed changes on the business and its personnel and change management. 12 Developing marketing. 12 Dry cleaning home delivery 12 Conclusion: 13 References: 13 List of Tables and Diagrams: Table 1, Business Profile Table 2, Operating Profit Margin Graph 1, Operating Profit Margin Table 3, Sales Per Square Foot Graph 2, Sales Per Square Foot Graph 3, Sales Growth Table 4, Sales growth Table 5, SWOT analysis Table 6, Existing Objective, Strategy and Operational Plan. Table 7, Estimated existing value of a business. Table 8, Revised Business Plan. Table 9, Financials Table 10, Changes SOTC Table 11, Estimated Revised Value of the Business Table 12, Building up Network Diagram Table 13, 4.2 & 4.2 Marketing Table 14, 4.2 & 4.2 Dry Cleaning Home Delivery Introduction According to the EU law, the small business enterprise as one with fewer than 50...
Words: 3059 - Pages: 13
...y clea | Case Assignment #1 | Case 12-1 | | Russell D’Cunha Student #100443790 Busi 3102U-002 | | Due Date: January 24th, 2013 | Dry Clean Depot Limited Overview: Dry Clean Depot is a private company, Max the CFO has asked me (Professional Accountant) to analyse any accounting implications with regarding a new loan and other issues within the company. Dry Clean Depot Limited (DCDL) has elected to report under the constraints of IFRS, although they could have elected ASPE as their reporting standards, since they are a private company. DCDL is a company with 40 dry cleaning stores in southern Ontario. DCDL has revenues of approximately $7 Million. DCDL has arranged for a $2,000,000 loan for the purchase of some new equipment for the business. The covenants of the new loan are as follows: * Maximum 2-to-1 debt-to-equity ratio * Minimum cash balance of $500,000 * Maximum dividends of $100,000 per year Issues: Lease: IFRS states that “An onerous contract is a contract in which the unavoidable costs of meeting the obligations under the contract exceed the economic benefits expected to be received under it.” The lease of the Sudbury retail location is therefore an onerous contract. DCDL has an obligation to pay $27,500 per year for the lease on the Sudbury location. The sub-contract agreement DCDL has is a sub-lease that pays $5,000 for year one, and $5,000 each year for the next three years, plus 10% of sales over $150,000. A liability...
Words: 939 - Pages: 4
...Pre-Interview 1. Know the Company backwards and forward * Know the companies values and tell the interviewer about how your values match the companies values * Know the story of how, when, where, and why the company started * Know the companies mission statement and tell the interviewer why their mission statement is aligned with your career goals. * Understand the financial situation of the company and their competitors * Know the companies goals and ambitions when it comes to the community how they match with what you want to do for the community 2. Practice answering interview questions * The best way of going about this is to download general interview questions that are asked the most in an interview. Write out your answers and memorize the answers for the questions, but not the exact answer; so, it won’t look rehearsed. * Find questions that are specific to your field that you are applying to. For instance, I’m accounting major and I have looked up questions that applied to the accounting field so I will have an idea what an interviewer will ask pertaining to the field I’m applying for. 3. Technology * There are many resources available to you online that will allow you do mock interviews in the comfort of your home. For instance, UHD partners with a website called interviewstream that allows you to record your interview while answering questions. Dress appropriately like it is a real interview. 4. Use the Career Center...
Words: 660 - Pages: 3
...60-80% of bills that are rejected and disposing of the old currency.2 The average cost of producing a group of 1,000 bills adds up to be about sixty-five dollars. Taking into consideration the varying costs of different denominations, the bill replacements add up to be $10 billion annually. The government must then remedy the problem of having the remaining 150,000 tons of bills of which to dispose.3 Research and developing methods have been investigated in order to prolong the life of the average banknote, thus suppressing the accumulating cost of making and disposing of money. Supercritical carbon dioxide has been used to extract damaging molecules through cleaning in other biotechnology applications, removing grease and other contaminants from high performance technology, and even as another version of dry cleaning. This supercritical fluid has been proven to dissolve molecules more efficiently with the smallest of changes in pressure and temperature, which is exhibited in its critical point of 304.25 Kelvin and 72.9 atmospheres.3 Past applications of supercritical CO2 have led researchers to believe that similar techniques could be used to clean banknotes. Research has determined that the main reason of deterioration of banknotes originates from the sebum that gets left behind by those who touch the bills.4 Sebum is an oily...
Words: 1435 - Pages: 6
...Marketing Products Student: Jennifer McLaughlin Professor: Dr. Brett Gordon Course Title: MKT 500 Date: April 29, 2012 SoMatic dispensers are a tangible good that were developed for people seeking to simplify and automate the cleaning process. It is a hands-free device that automatically dispenses cleaning products into the wash cycle for a more efficient and automated process. The SoMatic automatic dispenser will save customers both time and money. Built primarily of on the finest recycled materials, they are of high quality, built to be used with the highest standard washing machines on the market. They are new and the only ones on the market so the initial, basic units will be a specialty purchase for the customer and will require research. The success of many products on the market depends on how customers learn to use them and the experience that they gain then provides the basis to build brand awareness and loyalty (Lakshmanan, A., & Krishnan, H., 2011). Until the brand gets established in the market the devices, although costing under $100, may be viewed as an additional cost to the laundry products so the purchase will require involvement from the customers. The products are also designed to be used with only the top brands of appliances so will have to be built to last, be high quality and will have a somewhat limited distribution. The purchase of the refills and the option of having automatic shipments are more of a convenience because the customers will...
Words: 1385 - Pages: 6
...Troubleshooting 21 Consumer Services 22-23 Replacement Parts 24 Warranty Thanks for buying a BISSELL ProHeat 2X® We’re glad you purchased a BISSELL ProHeat 2X heated formula deep cleaner. Everything we know about floor care went into the design and construction of this complete, high-tech home cleaning system. Your ProHeat 2X is well made, and we back it with a limited one-year warranty. We also stand behind it with a knowledgeable, dedicated Consumer Services department, so, should you ever have a problem, you’ll receive fast, considerate assistance. My great-grandfather invented the floor sweeper in 1876. Today, BISSELL is a global leader in the design, manufacture, and service of high quality homecare products like your ProHeat 2X. Thanks again, from all of us at BISSELL. Mark J. Bissell President and Chief Executive Officer 2 16 IMPORTANT SAFETY INSTRUCTIONS When using an electrical appliance, basic precautions should be observed, including the following: Read all instructions before using your PROHEAT 2X®. To reduce the risk of fire, electric shock, or injury: ■ Do not immerse. ■ Use only on surfaces moistened by cleaning process ■ Always connect to a properly grounded outlet. ■ See Grounding Instructions ■ Unplug from outlet when not in use and before conducting maintenance or troubleshooting ■ Do not leave machine when it is plugged in ■ Do not service machine when it is plugged in ■ Do not use with damaged cord or plug ■ If appliance...
Words: 6774 - Pages: 28
