Keira Hamilton

keirahamilton.bsky.social

11 December 2024 22:01

6/ Lesson 5: Avoid buying a “zombie” laundromat. That low price might be tempting, but rundown laundromats are a TON of work. You could end up sinking way more money into repairs and upgrades than it's worth. 🏚️ #BusinessOwnership

Keira Hamilton

keirahamilton.bsky.social

11 December 2024 22:01

5/ Lesson 4: It’s not as simple as hiring a manager. With only one laundromat, it’s unlikely you’ll have the cash flow to justify hiring a hire-quality manager to be on call for issues at your laundromat. Expect to be the go-to person for problems. 🧯 #SmallBusinessStruggles

Keira Hamilton

keirahamilton.bsky.social

11 December 2024 22:01

4/ Lesson 3: Flexible schedules are a MUST. Even with new machines and careful prep, things WILL go wrong. Unexpected things happen all the time—machine error codes, large orders, or customer issues. A flexible schedule lets you respond to these issues in a timely manner. ⏰ #BusinessTips

Keira Hamilton

keirahamilton.bsky.social

11 December 2024 22:01

3/ Lesson 2: Expect to work in & on your business. Daily tasks (wash-and-fold orders, machine upkeep) vs. long-term growth (marketing, scaling). When you have a small business with a small team, you will need to do BOTH. Expect to cover some shifts when employees call out. #Entrepreneurship

Keira Hamilton

keirahamilton.bsky.social

11 December 2024 22:01

2/ Lesson 1: Laundromats are NOT passive income. If you're expecting to sit back and collect coins, think again. Laundromats require maintenance, customer service, and regular attention—whether it’s self-service or full-service. 🛠️ #BusinessMyths