The November/December issue of American Coin-Op features the article, "Reinvesting in Your Business," written by Speed Queen distributor Matt Miller, President of Coin-O-Matic Equipment Corp. Miller advises laundromat owners to consider investments such as equipment upgrades, vend price increases and new marketing strategies in 2013 to improve business. In order to reduce utility costs and increase profitability, store owners can upgrade equipment with advanced technologies and increase prices. Store marketing is important to attract new business. Even on a small budget, owners can advertise and use social media. Miller explains investments will improve business in the new year.

"Manufacturers have invested significant resources into upgrading equipment with advanced technologies that enable store owners to spend less on utilities," writes Miller. "With the right machines, owners can reduce water costs by 25-50%."

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