The main reason why so many people invest in running a laundry business is because it’s a relatively safe and lucrative venture. However, its appeal is also one of the reasons why so few laundry businesses make it big –the safe and simple route can only take you so far.
Successful entrepreneurs know that a business hinges on its owner’s ability to make calculated decisions and accept risks for the sake of higher returns. The next time you find yourself looking at a stagnant rate of profit, consider these four examples of how you could take your business to the next level:
