your password has been reset successfully, Please login again.

Learning 3 Essentials To Kick-Start Laundry Business In India

starting a laundry business is not as easy as it seems, it requires a lot of things to be successful.
BY Jaspreet Kaur
Feature Writer, BusinessEx
Nov 19,2018

Many people consider laundry an exasperating task and thus, rely on others to do the cleaning job for them. Reliance on local launderers for washing and then, ironing clothes is an indirectly important service. However, the local launderers cannot be efficient in handling every cloth type; sometimes, they do make mistakes too which, in turn, cause cloth discolouration, quality deterioration and much more.

Owing to which, the consumer often search for experienced and highly equipped launderers. Even, the report by Statista states, Revenue in the Laundry Care segment amounts to US$1,418m in 2018. The market is expected to grow annually by 10.6% (CAGR 2018-2021). In global comparison, most revenue is generated in China (US$15,855m in 2018). In relation to total population figures, per person revenues of US$1.04 are generated in 2018.

Thus, entrepreneurs and capitalists can invest in the Indian laundry market by starting their own laundry business. Initiating a laundry business is not as easy as it seems, the business requires a lot of things so as to be a successful laundry business.

Essentials Tips on Starting a Laundry Business in India

Being an outsider the entrepreneur-to-be need to learn a lot before getting the laundry business off the ground. To help such entrepreneurs, here are some essentials tips that they should follow.

  1. Add-on services

Laundry businesses are mainly locationoriented, which means the location effects the rise as well as the failure of the business. If an entrepreneur manages to find a good location where there are various customers who seek good laundry services, then secondary challenge that the business can face is expanding its customer base. Business expansion is often deemed as a costly process, wherein the required funds may exceed the initial laundry services business investment.

Reflecting on this problem, launderers are recommended offering add-on services to customers, which can increase the customer base and in turn increase the profit too. Some of the add-on services that can escalate the laundry business are:

  • Provide
  • Pick-up and delivery services
  • Press and fold services
  • Special services
  • Fast Services

The aforementioned services can easily be offered to customers without investing any money or increasing staff size.

  1. Avoid downtime

It is less often when the commercial or house laundry business incurs extreme losses as the business receives moderate demand throughout the year. However, there are some exceptions too especially when the services halt owing to downtime. In such a scenario, the loss is inevitable; thus, the launderer should be over-prepared to meet the requirements and should get the equipment mended sooner.

  1. Implement a cost-effective strategy

Like other business, the laundry business also has utility costs that are: water costs and energy costs. Managing these costs is essential or else, the expenses would exceed income and thus, running the laundry services business would be problematic. So, launderers should evade such situations by vigilantly administer the business and limiting the use of water as well as energy.

Follow the above-mentioned tips to run the laundry services business effectively.

Please add your Comment
SIMILAR Articles
April 22, 2019
The unifying efforts of different departments will help run the dealership smoothly. ...More
By Jaspreet Kaur
April 18, 2019
Apart from creating quality products, the health care companies should also advertise positive attri ...More
By Jaspreet Kaur
April 18, 2019
It is imperative to keep them updated with know-how and additional knowledge of the sector. ...More
By Jaspreet Kaur
April 17, 2019
With the progressing time, many people, essentially entrepreneurs, have adopted the idea of blogging ...More
By Jaspreet Kaur
April 16, 2019
The companies should relentlessly rely on digital marketing strategies and improve the overall marke ...More
By Jaspreet Kaur
April 11, 2019
The business owners should swot (study the market deeply) and form effective strategies with respect ...More
By Jaspreet Kaur
April 10, 2019
The newly formed tech health equipment can resolve deep-rooted problems and, in turn, help startups ...More
By Jaspreet Kaur
April 08, 2019
To ease the bumpy ride, the entrepreneur should follow important business guidelines which enable to ...More
By Jaspreet Kaur
April 08, 2019
For establishing a beauty salon business, the salon owner should work on marketing strategies, frami ...More
By Jaspreet Kaur
April 05, 2019
The recent headwinds have dwindled the Indian aviation industry, in turn, affecting the low-cost ope ...More
By Jaspreet Kaur
April 05, 2019
It is the leader who manoeuvres the employees or subordinates and facilitates in achieving the compa ...More
By Jaspreet Kaur
April 03, 2019
Owing to the accelerating growth in household incomes, cars are counted as a commodity today ...More
By Jaspreet Kaur