HOW TO START LAUNDRY BUSINESS IN INDIA – PERFECT STEP-BY-STEP GUIDE 2022
How to Start Laundry Business With Limited Investment
Hence, we are going to explore how to start a laundry business in-depth step by step.
Customers and Consumers
– Nuclear Family
– Old age homes
– Schools and college students
– Hospitals -> Healthcare industry
– Hotels and Decorators
Find Your Customers
Finding customers for starting a laundry business is a crucial task because the business area of the laundry business is small.
Location to Start Laundry Business
Required Licenses For Starting a Laundry Business in India
–LEASE OF LAND
Capital Investment For Laundry Business
If you want to build up a successful business model for the laundry business, you should have 2 lakhs rupees in your hands
You can consider the working capital as a recurring expense which represents the amount required per month to sustain the laundry business.
In the employee department, you will need a washer, delivery boy, management, and accountant
Here, the property stands for the space to run the business, and in the beginning, it is not mandatory to acquire any land on rental or lease.
Again, in the beginning, you are not supposed to purchase a high featured fully automatic washing machine for washing the clothes.
Electricity and Internet
For the electricity expense, you are supposed to arrange the budget of 3,000/- to 5,000/- approx.
Marketing and Sales
Marketing is a very crucial aspect of every business, well, it’s clearly understood that you will need to do marketing for the laundry business also.
Multiply By 6
If we make a total of all investments that you need to start a laundry business, then it becomes around 22,000/- per month.
Working Business Model For Laundry Business
For the laundry business, you can adapt the B2B business model, B2C business model, and B2B2C business model.
Profit Margin of Laundry Business
– B2C: 40% – 50%
– B2B : 20% -30%
For Conclusion on Starting a Laundry Business in India Please..