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%."
To read more, click here.